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1308/408 Spencer Street, West Melbourne$399,000
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1308/408 Spencer Street

West Melbourne, VIC 3003, Australia
$380,000 – $418,000
1 bed 1 bath1 ha

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About this property

An impeccable blend of near-new comfort, natural sunlight and high-quality finish, this stunning 1 bedroom apartment is the perfect match for CBD professionals and switched-on investors. Head downstairs and feel the heartbeat of the city with a short walk to Flagstaff Gardens greenery, iconic Queen Victoria Market, Errol Street cafes, top-ranking universities, multiple transport options, and the vibrant Docklands precinct. Every city attraction is ready to access from your doorstep! Glide over sleek floorboards throughout spacious open-plan living and dining, underpinned by a stone-topped kitchen featuring soft-closing cabinetry, a Fisher and Paykel dish-drawer, and premium Miele appliances including an oven, microwave and a 4-burner gas cooktop. Owning a 13th floor position in the prized Parkhill complex, floor-to-ceiling glass slides open to a sheltered east-facing balcony capturing morning light and revealing striking vistas sweeping across the soaring city skyline. Sharing the outlook, the large bedroom is filled with natural light, sensationally serviced by mirrored built-in robes and a sleek bathroom showcasing a fully tiled shower area, ample storage and a concealed cistern. Special features include a European laundry with a washing machine and dryer, ducted heating/cooling, double glazing, recessed down-lighting, and motorised blinds with doubles in the bedroom. Highly prized Parkhill is graced with intercom security, a welcoming concierge, and exclusive access to a well-equipped rooftop gym and BBQ terrace. Make plans to inspect today! Outgoings: Council Rates: $273.14 per quarter approx. Water Rates: $207.20 per quarter approx. Owners Corporation Fees: $939.68 per quarter approx. Potential Rental Income: $580- $600 per week approx. * Photo identification will be required upon entering the property. Please contact our agent for your personal tour of this home today.

Property Details

Property Type
apartment
Listing Type
For Sale
Bedrooms
1
Bathrooms
1
Land Area
1 ha
Listed
2 months ago

Repayment calculator

$1,934/month
$967 /fortnight
Loan $319,200 at 6.10% over 30 years

Upfront costs

Deposit$79,800
Stamp duty$19,010
Conveyancing (est.)$2,000
Total upfront$100,810
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 27% below the $545,000 median of 70 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 -3.0% / yr over 4 yrs

$399kcurrent median

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Price history

Price history

Listing price changes

1 price change recorded for this property

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