648 Spencer StreetWest Melbourne VIC 3003
Property Details for 648 Spencer St, West Melbourne
648 Spencer St, West Melbourne is a 2 bedroom, 1 bathroom House and was built in 1880. The property has a land size of 101m2 and floor size of 86m2. While the property is not currently for sale or for rent, it was last sold in May 2014.
Last Listing description (April 2024)
A uniquely spacious, versatile and private lifestyle with easy access to the best that inner-Melbourne has to offer, this Victorian home features one downstairs bedroom with BIRs and polished floors, open-plan lounge/dining area and kitchen with dishwasher and stainless steel cooking appliances, bathroom with laundry facilities. Upstairs features one bedroom and a second room that could be used as a studio, study space or small third bedroom with loft storage. Features include gas heating and split-system air conditioning, solar power, plus a private north-facing courtyard/garden. In close proximity to North Melbourne station, Errol Street cafes and shops, trams to Queen Victoria Market and CBD.
Property History for 648 Spencer St, West Melbourne, VIC 3003
- 19 Mar 2024Listed for Rent $600 / week
- 02 Mar 2023Listed for Rent $550 / week
- 29 Nov 2021Listed for Rent $530 / week
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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 7,567 properties. Over the last 5 years, Houses in West Melbourne have seen a 11.70% increase in median value, while Units have seen a -5.56% decrease. As at 31 August 2024:
- The median value for Houses in West Melbourne is $1,228,041 while the median value for Units is $519,370.
- Houses have a median rent of $693 while Units have a median rent of $592.
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