607/392 Spencer StreetWest Melbourne VIC 3003
Property Details for 607/392 Spencer St, West Melbourne
607/392 Spencer St, West Melbourne is a 1 bedroom, 1 bathroom Unit and was built in 2018. The property has a land size of 841m2. While the property is not currently for sale or for rent, it was last sold in January 2018.
Last Listing description (July 2023)
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Popular for its wide streets and old world charm, West Melbourne enjoys quick and easy access to the CBD, Southern Cross Station, universities, Docklands and the famed Queen Victoria Market, with multiple public transport options ensuring getting around is as easy as pie!
Positioned on the 6th floor, this contemporary corner apartment enjoys plenty of natural light, stylish light timber floors, considered joinery and a flexible living space. Featuring an open plan kitchen with dramatic stone counters, state-of-the art stainless steel appliances and generous storage, air-conditioned dining/lounge, separate laundry, bathroom with premium vanity and large walk-in shower, and two spacious bedrooms each including built in robes.
Property History for 607/392 Spencer St, West Melbourne, VIC 3003
- 13 Jun 2023Listed for Rent $550 / week
- 24 May 2021Listed for Rent $300 / week
- 09 Jan 2018Sold for $408,000
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About West Melbourne 3003
The size of West Melbourne is approximately 6.7 square kilometres. It has 14 parks covering nearly 2.4% of total area. The population of West Melbourne in 2011 was 3,743 people. By 2016 the population was 5,511 showing a population growth of 47.2% in the area during that time. The predominant age group in West Melbourne is 20-29 years. Households in West Melbourne are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in West Melbourne work in a professional occupation. In 2011, 38.9% of the homes in West Melbourne were owner-occupied compared with 34.5% in 2016.
West Melbourne has 7,501 properties. Over the last 5 years, Houses in West Melbourne have seen a 4.73% increase in median value, while Units have seen a -7.21% decrease. As at 30 September 2024:
- The median value for Houses in West Melbourne is $1,191,558 while the median value for Units is $515,858.
- Houses have a median rent of $700 while Units have a median rent of $600.
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