Back 506/408 Spencer Street
Off Market

506/408 Spencer Street

West Melbourne VIC 3003

2
2
72 m²
0 m²
Apartment
Jen Lin LauJen Lin Lau, last sold this property on 27 April 2026 after 90 days on market.

Overview

Unsurpassed Executive Excellence, Unmatched City Convenience

Expression of Interest (unless sold prior) due 9th April 2026 at 5:30pm A stunning showpiece of Parkhill prestige, this designer 2 bedroom, 2 bathroom apartment is inspired, inviting and irresistible all at once. Set to impress on the very edge of the city, take a short stroll to Flagstaff Gardens greenery, Queen Victoria Market, Errol Street cafes, Aldi shopping, universities, zoned University High School, Marvel Stadium, transport choice, and both the CBD and Docklands precinct. This inner-city haven will make an instant connection with professionals, first home owners, and investors. Spreading out on the 5th floor, far-reaching open-plan living and dining is filled with natural light courtesy of floor-to-ceiling glass lining the perimeter. A stone-finished kitchen showcases soft-closing cabinetry, a Fisher and Paykel dish-drawer, and top-of-the-range Miele appliances including a microwave and a 4-burner gas cooktop. Always free-flowing, step outside and entertain alfresco on an oversized balcony under shelter and shade highlighted by open views of the surrounding skyline. The naturally lit bedrooms are generous in size, serviced by mirrored built-in robes and a perfect pair of sleek bathrooms boasting fully tiled shower areas, mirrored cabinetry and concealed cisterns. Comprehensive features include a Euro-style laundry with a washing machine and dryer, ducted heating and cooling, double glazing, recessed LED down-lighting, and motorised blinds with doubles in the bedrooms. Take advantage of prestigious Parkhill facilities including intercom security, a welcoming concierge, and resort-grade use of a rooftop gym and BBQ terrace with breathtaking city views. Inspect today! Outgoings: Council Rates: $393.00 per quarter approx. Water Rates: $184.25 per quarter approx. Owners Corporation Fees: $1,418.91 per quarter approx. * Photo identification will be required upon entering the property. Please contact our agent for your personal tour of this home today.

Features

2 bedrooms
2 bathrooms
72 m² floor area
0 m² lot size
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 506/408 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 506/408 Spencer Street

2026
Sold
Undisclosed
27 Apr 2026 by Jen Lin Lau, of MICM

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, 113 two-bedroom apartments similar to 506/408 Spencer Street, have been sold.

This represents a 14% increase in two-bedroom apartments sales when compared to the previous 12 months.

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