OFF MARKET

8/567-571 Spencer Street
West Melbourne VIC 3003

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 126m2
Land area: 114m2
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Property Details for 8/567-571 Spencer St, West Melbourne

8/567-571 Spencer St, West Melbourne is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2001. The property has a land size of 114m2 and floor size of 126m2. While the property is not currently for sale or for rent, it was last sold in January 2015.

Building Type
Unit
Year Built
2001
Floor Size
126m2
Land Size
114m2
Local Government
Melbourne
Lot/Plan
8/PS425673

Last Listing description (January 2015)

OPPORTUNITY AWAITS AT APARTMENT 8!
Once the iconic Henry B. Smith Woolshed, this cleverly converted tri-level apartment combines an incredible fusion of industrial style and modern luxury. Boasting clean lines, high ceilings and commanding an exceptional position on the fringe of the CBD this home feels every bit as elegant as it sounds.
Accommodation:

Expansive master bedroom including floor to ceiling robes
Two additional double bedrooms with built in robes and separate entrance - one currently converted to a home office
Full two-way ensuite with large spa bath
Entertainers Kitchen with quality appliances and stone bench tops
Flowing open plan living with floor to ceiling windows and an abundance of natural light
Features:
Freshly polished Jarrah floor boards throughout
Impressive gas fireplace
Ducted heating & reverse cycle air-conditioning
European Laundry
Private full length balcony capturing picturesque city views
Two entrances across two levels (8 & 8A)
Secure foyer entrance
Two secure car spaces plus an additional current parking permit
Two storage cages
With North Melbourne Station, Queen Victoria Markets and Errol Street cafes all within walking distance and zoned for the sort after University High School; the locale couldn't get much better than this!
This property is on the market to be sold. Call today for inspection times.

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Property History for 8/567-571 Spencer St, West Melbourne, VIC 3003

A timeline of how this property has performed in the market
Last Sold
$860,000
16 Jan 2015
  • 16 Jan 2015
    Sold for $860,000
  • 16 Oct 2014
    Listed for Sale QUOTING $850,000
  • 15 Oct 2008
    Sold for $682,500
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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.
There are currently 57 properties listed for sale, and 45 properties listed for rent in West melbourne on OnTheHouse. According to CoreLogic's data, 294 properties were sold in the past 12 months in West melbourne.

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