Home/Properties/West Melbourne/507/393 Spencer Street
507/393 Spencer Street, West Melbourne$440,000
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For Saleapartment

507/393 Spencer Street

West Melbourne, VIC 3003, Australia
$420,000 – $460,000
1 bed 1 bath 1 car

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About this property

Perfectly located near Melbourne CBD, the apartment is close to everything that CBD can offer. Just walking distance to Flagstaff Garden and Southern Cross Station, it is easy to access public transport, retail shops, cafes, supermarkets and restaurants. The free tram makes it easier to visit Melbourne University, RMIT, Yarra River, DFO, NGV and CBD shopping centers. And the Sky Bus at Southern Cross Station nearby take less than 30 minutes for travelers to go to the airport from CBD directly. This 1 bedroom 1 bathroom apartment with a car-park is a rare opportunity either for first home buyers or investors. With an open plan living area, the apartment gives an opportunity to set up the layout freely. Thanks to the floor to ceiling windows, rooms are filled with light. Architectural designed with the highest quality interior finishes and fittings such as engineered timber floors, stone kitchen bench top and high end kitchen appliances. Living in this building would have a luxury modern lifestyle with more than enough facilities, amenities features include a common garden with barbeque facilities, an indoor swimming pool, a gymnasium, a dance room, resident lounges and a cinema room. Please contact Ivor CHEN 0430208680 for more details!

Property Details

Property Type
apartment
Listing Type
For Sale
Bedrooms
1
Bathrooms
1
Parking
1
Listed
3 months ago

Repayment calculator

$2,133/month
$1,067 /fortnight
Loan $352,000 at 6.10% over 30 years

Upfront costs

Deposit$88,000
Stamp duty$21,470
Conveyancing (est.)$2,000
Total upfront$111,470
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 21% below the $554,000 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 Davison156 m away
  • Wominjeka Park212 m away
  • Angliss Rain Garden310 m away
  • Flagstaff Gardens379 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

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1 price change recorded for this property

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