Back 409/393 Spencer Street
Off Market

409/393 Spencer Street

West Melbourne VIC 3003

1
1
1
86 m²
4024 m²
Apartment
Tina LiuTina Liu, last sold this property on 18 June 2026 after 65 days on market.

Overview

Stylish City-Fringe Living with Strong Investment Appeal

Positioned on the doorstep of Melbourne's vibrant CBD, this modern apartment at 393 Spencer Street delivers the perfect blend of lifestyle, convenience, and investment potential. Featuring a well-designed layout, this residence offers a generously sized bedroom that comfortably accommodates a king-size bed, along with a sleek bathroom-making it an ideal choice for first-home buyers, professionals, or savvy investors. The open-plan living and dining area is complemented by contemporary finishes, creating a comfortable and low-maintenance urban retreat. A true standout of this property is the expansive 35.6sqm private balcony, perfectly complementing the 51sqm internal living space. This oversized outdoor area provides exceptional versatility-ideal for entertaining guests, creating an outdoor lounge, or simply unwinding while enjoying sweeping city views. Adding to the appeal is the inclusion of a secure car space, making this property highly practical and desirable for both owners and tenants. Residents enjoy access to premium building facilities including a fully equipped gym, pool, landscaped gardens, and resident lounges, offering a resort-style living experience right at home. Located within walking distance to Southern Cross Station, Queen Victoria Market, and Flagstaff Gardens, you'll enjoy effortless access to transport, dining, shopping, and entertainment. The property also sits within the Free Tram Zone, making commuting around the city seamless. Whether you're looking to move in or expand your portfolio, this is a rare opportunity to secure a quality apartment in one of Melbourne's most connected and fast-growing precincts. Disclaimer: We have in preparing this document used our best endeavors to ensure that the information contained in this document is true and accurate, but 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. Purchasers should make their own enquires and refer to the due diligence check-list provided by Consumer Affairs. Click on the link for a copy of the due diligence check-list from Consumer Affairs. http://www.consumer.vic.gov.auduediligencechecklist

Features

1 bedroom
1 bathroom
1 carspace
1 garage space
86 m² floor area
4024 m² lot size
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 409/393 Spencer Street is $390k.

Median value
$390k
Estimated value range
$250k - $885k
Median days on market
41
Estimated value trend
1%
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 409/393 Spencer Street

2026
Sold
Undisclosed
18 Jun 2026 by Tina Liu, of Gem Realty
2024
Rented
Undisclosed
Leased on 11 Jul 2024 by Yousales
2023
Rented
Undisclosed
Leased on 29 Jun 2023 by Yousales

Happy sellers in West Melbourne

88%
88% 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 29 reviews in West Melbourne over the last 12 months.

Local market activity for 1 bedroom apartments in West Melbourne

In the last 12 months, 73 one-bedroom apartments similar to 409/393 Spencer Street, have been sold.

This represents a 13% increase in one-bedroom apartments sales when compared to the previous 12 months.

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