Back 1106/392 Spencer Street
Off Market

1106/392 Spencer Street

West Melbourne VIC 3003

1
1
Apartment
Last sold for $285,000
Dave TangDave Tang, last sold this property on 10 November 2025 after 129 days on market.

Overview

Entry-level Elegance With Timeless Heritage Allure and an Impressive 9% Rental Return

Set within a heritage listed, triple-fronted building, this Bond Quarter apartment is an architectural statement of elegant design, paired with stylish finishes throughout. Floor-to-ceiling windows capture maximum sunlight, creating vibrancy throughout the open-plan living/dining area and deluxe kitchen, while a robed bedroom, bathroom, split system heating/AC and private balcony complete the ultimate entry-level or investor opportunity. Simply stroll to Queen Victoria Market, the Docklands precinct, Marvel Stadium, Flagstaff Gardens, free city trams, Southern Cross trains, dining choices, Melbourne University, RMIT, Haileybury College and key zoning to University High and North Melbourne Primary Schools. 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

Features

1 bedroom
1 bathroom
Apartment

Estimated Value

Based on this property and similar 1 bedroom apartments sold in West Melbourne over the last 12 months, the estimated median property value of 1106/392 Spencer Street is $375k.

Median value
$375k
Estimated value range
$257.8k - $885k
Median days on market
42
Estimated value trend
2%
increase over the last 12 months
Average days on market is based on recent, comparable sales in West Melbourne. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1106/392 Spencer Street

2026
Rented
Undisclosed
Leased on 20 Jan 2026 by Areal Property Box Hill
2025
Sold
$285,000
10 Nov 2025 by Dave Tang, of Areal Property Box Hill

Happy sellers in West Melbourne

87%
87% of sellers in West Melbourne reported that their sale price either exceeded or met their price expectations.

West Melbourne stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 27 reviews in West Melbourne over the last 12 months.

Local market activity for 1 bedroom apartments in West Melbourne

In the last 12 months, 65 one-bedroom apartments similar to 1106/392 Spencer Street, have been sold.

This represents a 28% increase in one-bedroom apartments sales when compared to the previous 12 months.

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