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603/393 Spencer Street, West Melbourne$477,500
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For Saleapartment

603/393 Spencer Street

West Melbourne, VIC 3003, Australia
$465,000 – $490,000
1 bed 1 bath 1 car

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About this property

An affordable expression of north-facing luxury, this impeccable 1 bedroom apartment stands out in style as an exceptional first home, town base or a high-return investment on the very cusp of the city. Venture downstairs and stroll to the CBD, Flagstaff Gardens, university choice, multiple transport options including the free tram zone, Marvel Stadium and Queen Victoria Market. Sunlit and spacious open-plan living and dining pivots an L-shaped kitchen with sleek stone surface, a concealed fridge space, soft-closing cabinetry and high-quality Miele appliances including a 4-burner gas cooktop. Superbly set on the sixth floor, floor-to-ceiling glass slides open to reveal a sheltered balcony expertly capturing the warmth of northern light and striking skyline views towards the horizon. A mirror-robed bedroom shares the spectacular aspect, serviced by a deluxe bathroom offering a fully tiled shower area, mirrored cabinetry and rainfall/hand-held shower fittings. Additionally, a fully fitted study zone takes care of any work-from-home duties. Take advantage of secure parking, a European Laundry, split-system heating and cooling, double glazing, roller blinds, and recessed down-lighting. The exclusive Melbourne Village complex comes complete with an onsite building manager, handy bike storage, intercom security, and exemplary resort-style access to a 25m indoor lap pool, well-equipped gym, BBQ garden terrace, cinema, yoga room, library, and a shared lounge. Inspect with certainty!

Property Details

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

Repayment calculator

$2,315/month
$1,157 /fortnight
Loan $382,000 at 6.10% over 30 years

Upfront costs

Deposit$95,500
Stamp duty$23,720
Conveyancing (est.)$2,000
Total upfront$121,220
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 14% 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

Price history

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1 price change recorded for this property

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