705/408 Spencer StreetWest Melbourne VIC 3003
Property Details for 705/408 Spencer St, West Melbourne
705/408 Spencer St, West Melbourne is a 1 bedroom, 1 bathroom Unit and was built in 2023. The property has a land size of 1065m2 and floor size of 53m2. While the property is not currently for sale or for rent, it was last sold in June 2022.
Last Listing description (July 2023)
Welcome to Parkhill, West Melbournes newest arrival! Located just five minutes walk from the hustle & bustle of the CBD, Parkhill provides fantastic access to Melbourne?s shopping, entertainment, transport, education, and business precincts. Enjoy some retail therapy at iconic shopping precincts like Emporium and Melbourne Central; select fresh produce at nearby Queen Vic Market or explore Melbourne?s world-class arts and entertainment scene.
Designed for comfort and style, this apartment offers an impressive open plan living and dining in addition to
- Modern inline kitchen with plenty of bench and storage space
- Light & bright interiors with floor-to-ceiling windows
- Generous size bedroom with built-in-robes
- Roomy designs with up to 2.7m high ceilings
- Double-glazed windows with motorised blinds
- European laundry with both washer and dryer
- Concealed ducted air-conditioning & heating in the lounge
In addition, the complex features:? ?
- Rooftop gymnasium & BBQ courtyard with wrap around views of the Melbourne skyline
- NBN internet & pay-tv available (fees may apply)
- Keyless building access & video intercom
- 7 day Concierge services & on-site security? ?
Recommended fridge sized for this property are Max Width - 650mm
Max Height - 1700mm
Volume - 350 - 400l
Please note that this building has embedded gas and electricity connections through Origin Energy
Property History for 705/408 Spencer St, West Melbourne, VIC 3003
- 28 Jun 2023Listed for Rent $520 / week
- 16 May 2023Listed for Rent $540 / week
- 26 Jun 2022Sold for $519,000
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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 7,488 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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