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Back 402/408 Spencer Street
Off Market

402/408 Spencer Street

West Melbourne VIC 3003

2
2
1
Apartment
Last sold for $780,000
Joo Ming LimJoo Ming Lim, last sold this property on 09 March 2026 after 83 days on market.

Overview

An entertainer's dream with an enormous lifestyle terrace

Ideally established on the fourth floor of 'Parkhill' – a contemporary complex on the edge of Melbourne's bustling CBD, this sophisticated apartment boasts an extremely rare design. Embraced by a massive balconied terrace with large under-cover and open areas, imagine relaxing with friends and family here while soaking up sunshine during the day or twinkling views of the surrounding towers in the evening. Floor-to-ceiling double glazing elevates the luminous ambience of the interiors, including the large open-plan living/dining room, featuring a premium stone kitchen with Miele appliances. Wonderfully comfortable with two bedrooms and two bathrooms, the main bedroom enjoys a sparkling ensuite and a door out to the terrace. For even better views, head up to the rooftop gym and BBQ alfresco terrace, looking out to the beautiful Flagstaff Gardens and the heart of the city. Metres from Flagstaff train station, Southern Cross station, Queen Victoria Market, Marvel Stadium and Docklands, live just moments from Melbourne's world-class medical precinct, RMIT University and Melbourne University. - Large two bedroom, two bathroom design - Enormous entertainer's terrace - Lush planter boxes on the terrace - Bright open-plan living/dining room - Heating and air-conditioning - Euro laundry - Basement car space - Storage cage - Residents' gym and BBQ terrace with views Disclaimer: The information contained herein has been supplied to us and is to be used as a guide only. No information in this report is to be relied on for financial or legal purposes. Although every care has been taken in the preparation of the above information, we stress that particulars herein are for information only and do not constitute representation by the Owners or Agent. We always recommend undertaking your own due diligence.

Features

2 bedrooms
2 bathrooms
1 carspace
1 garage space
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in West Melbourne over the last 12 months, the estimated median property value of 402/408 Spencer Street is $600k.

Median value
$600k
Estimated value range
$350k - $1.19m
Median days on market
44
Estimated value trend
0%
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 402/408 Spencer Street

2026
Sold
$780,000
09 Mar 2026 by Joo Ming Lim, of McGrath 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 2 bedroom apartments in West Melbourne

In the last 12 months, 114 two-bedroom apartments similar to 402/408 Spencer Street, have been sold.

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

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in West Melbourne

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Sahil Bhasin

Sahil Bhasin is an award winning recommended agent for West Melbourne.  They have 7 local sales and collected 7 local reviews across the last 12 months.

  •   5   (90 reviews)
  •  7 Reviews in West Melbourne
  •  7 Sales in West Melbourne
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Catherine Sheo

Catherine Sheo is a recommended agent for West Melbourne.  They have 6 local sales and collected 5 local reviews across the last 12 months.

  •   4.9   (56 reviews)
  •  5 Reviews in West Melbourne
  •  6 Sales in West Melbourne
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Peter Doan

Sellers who recommend Peter Doan have praised them for being local expert, clear communication, reliable, responsive, supportive, honest and dedicated

  •   4.9   (331 reviews)
  •  2 Reviews in West Melbourne
  •  4 Sales in West Melbourne
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Philip Middlemiss

Sellers who recommend Philip Middlemiss have praised them for being local expert, clear communication, responsive, supportive, well-prepared, strategic and honest

  •   5   (113 reviews)
  •  2 Reviews in West Melbourne
  •  2 Sales in West Melbourne
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