OFF MARKET

806/393 Spencer Street
West Melbourne VIC 3003

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 46m2
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Property Details for 806/393 Spencer St, West Melbourne

806/393 Spencer St, West Melbourne is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2019. The property has a floor size of 46m2. While the property is not currently for sale or for rent, it was last sold in November 2016.

Building Type
Unit
Year Built
2019
Floor Size
46m2
Local Government
Melbourne
Lot/Plan
806/PS801387

Last Listing description (January 2024)

This 1 bed 1 bath with a carspace furnished apartment is located in the stunning building - Melbourne Village.

Features:
- Floor-to-ceiling windows compliment the generously proportioned open living/dining area, featuring striking timber floorboards throughout and adjoining balcony overlooking Melbourne's luminous cityscape and beyond.

- A modern kitchen with stone bench tops
- Exquisite bathrooms.
- European laundry.
- Split system heating/cooling
- Secure video intercom

Facilities:
- 25m indoor pool.
- Gym and Wellness room.
- Cinema room.
- Tranquil central garden.
- Library lounge.
- Business lounge.
- Bookable spaces.

Location:
- Within the Free Tram Zone.
- Southern Cross Station (0.85km away).
- Melbournes oldest garden, Flagstaff (0.65km away).
- The iconic Queen Victoria Market (0.85km away).
- Melbourne and RMIT Universities (1.7km away).
- Docklands (1.3km away).
- Bourke and Collins Street (1.8km away).

Property History for 806/393 Spencer St, West Melbourne, VIC 3003

A timeline of how this property has performed in the market
Last Sold
$455,500
20 Nov 2016
Listed for Rent
$600/w
10 Jan 2024
  • 13 Nov 2023
    Listed for Rent $600 / week
  • 27 Sep 2021
    Listed for Rent $390 / week
  • 20 Nov 2016
    Sold for $455,500

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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 7,492 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.
There are currently 57 properties listed for sale, and 43 properties listed for rent in West melbourne on OnTheHouse. According to CoreLogic's data, 299 properties were sold in the past 12 months in West melbourne.

Suburb Insights for West Melbourne 3003

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.