Home/Properties/West Melbourne/1205/408 Spencer Street
1205/408 Spencer Street, West Melbourne$455,000
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For Saleapartment

1205/408 Spencer Street

West Melbourne, VIC 3003, Australia
$435,000 – $475,000
1 bed 1 bath

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About this property

Located on the 12th floor of the award-winning Parkhill complex, this as-new one-bedroom residence pairs a sleek, low-maintenance urban base with the ultimate lifestyle address. Just a short walk to Flagstaff Gardens, Queen Victoria Market, Errol Street's cafe strip, leading universities and the Docklands precinct, this is an outstanding opportunity for professionals, downsizers or investors wanting the CBD fringe at their doorstep. The light-filled open-plan living and dining space is framed by a stylish kitchen with premium appliances, including an oven, microwave and four-burner gas cooktop. Floor-to-ceiling glass slides open to a sheltered balcony, capturing natural light and striking views sweeping across the skyline, an outlook shared by the well-proportioned bedroom, serviced by mirrored built-in robes and a stylish fully tiled bathroom with ample storage. Further practicality comes from a European laundry, heating and cooling, double glazing, recessed downlighting, and blinds in the living domain and bedroom. Every detail has been considered for easy, low-maintenance living from the moment you move in. Designed by ClarkeHopkinsClarke and built by Kapitol Group, Parkhill itself was named HIA Victoria's Apartment Complex of the Year for 2024, an accolade reflecting the quality behind its 6.5-star energy rating and considered floorplans. Residents enjoy intercom security, a seven-day concierge, 24/7 parcel lockers, and exclusive access to a rooftop gym and landscaped BBQ terrace with skyline views. With multiple transport options, arterial roads and the CBD all within easy reach, everyday life here is as convenient as it is stylish. For buyers chasing a sleek, secure lifestyle apartment in one of Melbourne's most connected pockets, opportunities of this calibre in the Parkhill building don't come along often. Disclaimer: We have in preparing the content used our best endeavours to ensure that the information contained is true and accurate, however accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements in this document. Prospective purchasers should make their own enquiries to verify the information contained in this document. Prospective purchasers should make their own enquires and refer to the due diligence check-list provided by Consumer Affairs Victoria. Click on the link for a copy of the due diligence check-list from Consumer Affairs Victoria. http://www.consumer.vic.gov.au/duediligencechecklist

Property Details

Property Type
apartment
Listing Type
For Sale
Bedrooms
1
Bathrooms
1
Listed
1 week ago

Repayment calculator

$2,206/month
$1,103 /fortnight
Loan $364,000 at 6.10% over 30 years

Upfront costs

Deposit$91,000
Stamp duty$22,370
Conveyancing (est.)$2,000
Total upfront$115,370
Verify with VIC revenue office →
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 1-bedroom apartment in West Melbourne, VIC 3003 sits within reach of public transport, local shops and nearby schools. It is listed 15% below the $535,000 median of 68 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

  • Dudley Street/Spencer Street (bus)46 m away
  • Harley Davison104 m away
  • Wominjeka Park180 m away
  • Flagstaff Gardens342 m away
  • Angliss Rain Garden363 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 1 bed

Compound growth -2.1% / yr over 4 yrs

$410kcurrent median

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Price history

Price history

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1 price change recorded for this property

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