Home/Properties/West Melbourne/106/392 Spencer Street
106/392 Spencer Street, West Melbourne$605,000
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For Saleapartment

106/392 Spencer Street

West Melbourne, VIC 3003, Australia
$590,000 – $620,000
2 bed 2 bath 1 car95 m²

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About this property

Immaculately presented beneath soaring 4-metre ceilings, this ultra-stylish two-bedroom, two-bathroom residence with a dedicated study zone delivers an exceptional blend of heritage character and contemporary luxury. Positioned within the iconic heritage-listed Bond Quarter building, this first-floor apartment offers an enviable city-edge lifestyle just moments from Melbourne's finest amenities. Step outside and enjoy effortless access to Queen Victoria Market, Docklands, Marvel Stadium, Flagstaff Gardens, Southern Cross Station, free city trams, Melbourne University, RMIT University, Haileybury College, as well as coveted zoning for University High School and North Melbourne Primary School. At the heart of the home, the beautifully appointed stone kitchen features a mirrored splashback, breakfast bar, pull-out pantry, twin sinks and a full suite of integrated Smeg appliances, including a dishwasher and easy-clean electric cooktop. The spacious open-plan living and dining area is enhanced by dramatic vaulted ceilings and floor-to-ceiling windows that flood the interior with natural light. A standout feature is the expansive private terrace overlooking Spencer Street, framed by the building's original exposed red brick. This unique alfresco retreat provides the perfect setting for entertaining guests or enjoying a relaxed weekend breakfast. Designed for modern living, the generous study zone incorporates a sleek built-in workstation with excellent storage, creating an ideal work-from-home environment. Both generously proportioned bedrooms include mirrored built-in robes and abundant natural light. The master suite enjoys a luxurious fully tiled ensuite complete with a rainfall shower, while the second bedroom benefits from its own built-in study nook. The main bathroom continues the premium finishes with floor-to-ceiling tiling, mirrored cabinetry and a rainfall shower. Additional features include secure basement parking, a storage cage, concealed European laundry, split-system heating and cooling, double glazing, roller blinds, video intercom entry, designer pendant lighting, a welcoming entrance hallway and elegant oak flooring throughout. Combining timeless heritage charm with sophisticated modern finishes and an unbeatable CBD-fringe location, this exceptional apartment offers a rare opportunity for owner-occupiers and investors alike. Please contact Peter Doan on 0400 423 218 for inspection details.

Property Details

Property Type
apartment
Listing Type
For Sale
Bedrooms
2
Bathrooms
2
Parking
1
Land Area
95 m²
Listed
Yesterday

Repayment calculator

$2,933/month
$1,467 /fortnight
Loan $484,000 at 6.10% over 30 years

Upfront costs

Deposit$121,000
Stamp duty$31,370
Conveyancing (est.)$2,000
Total upfront$154,370
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Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in West Melbourne

This 2-bedroom apartment in West Melbourne, VIC 3003 sits within reach of public transport, local shops and nearby schools. It is listed 12% above the $540,000 median of 67 comparable apartmentswithin 5 km.

Schools near West Melbourne

  • Haileybury College - City Boyscombined
  • Haileybury College - City Girlscombined
  • Simonds Catholic Collegesecondary · 7-12 · Boys

What's nearby

  • Jeffcott Street/Spencer Street (bus)68 m away
  • Harley Davison183 m away
  • Wominjeka Park252 m away
  • Angliss Rain Garden279 m away
  • Flagstaff Gardens316 m away

West Melbourne at a glance

Full suburb profile
Population
8,025
Median age
31
Household income
$1,788/wk
Median rent
$388/wk
Median mortgage
$2,106/mo

Source: ABS Census.

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Suburb market

Suburb price trend

West Melbourne price trend

Median sold · Unit 2 bed

Compound growth -3.4% / yr over 4 yrs

$575kcurrent median

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1 price change recorded for this property

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