703 Spencer StreetWest Melbourne VIC 3003
Property Details for 703 Spencer St, West Melbourne
703 Spencer St, West Melbourne is a 4 bedroom, 1 bathroom House with 1 parking spaces and was built in 1900. The property has a land size of 125m2 and floor size of 130m2. While the property is not currently for sale or for rent, it was last sold in March 2021.
Last Listing description (March 2021)
An exclusive West Melbourne neighbourhood (zoned to University High School) sets the scene for this divine balconied terrace that's sure to impress with its timeless appeal, instant versatility and deep block of land with dual street access. Immediately enjoyable with scope to enhance and expand (STCA), the home's pristine interior comprises four bedrooms (large upstairs master out to front balcony) and spacious downstairs bathroom, elegant lounge, living and dining spaces, spacious kitchen including dishwasher and gas cooking. Features high ceilings throughout, city skyline views, plus an expansive backyard complete with secure carpark via ROW. Stroll to Victoria Street trams and Errol Street cafes, close to North Melbourne Station, Queen Victoria Market and the CBD.
Property History for 703 Spencer St, West Melbourne, VIC 3003
- 03 Mar 2021Sold for $1,250,000
- 22 Feb 2021Listed for Sale ESP $1,100,000-$1,200,000
- 01 Nov 1986Sold for $71,000
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0About 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 7,492 properties. Over the last 5 years, Houses in West Melbourne have seen a -1.86% decrease in median value, while Units have seen a -13.07% decrease. As at 31 October 2024:
- The median value for Houses in West Melbourne is $1,222,199 while the median value for Units is $498,499.
- Houses have a median rent of $660 while Units have a median rent of $600.
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