594 Spencer Street, West Melbourne VIC 3003
594 Spencer Street, West Melbourne VIC 3003
Positioned in the highly sought-after suburb of West Melbourne, this classic 3-bedroom, 1-bathroom townhouse sits on a generous 146m² block. Offering a functional layout and ample outdoor space, the property is perfectly suited for first-home buyers and savvy investors. Residents will enjoy immediate access to local transport links, retail precincts, and premium lifestyle amenities.
Market Insight:
West Melbourne is highly regarded for its proximity to elite private school catchments, making it an attractive prospect in the current market. Demand in this postcode is heavily fueled by High-net-worth expats, who are particularly motivated by unrivalled urban convenience. Moving forward, apartment yields are tightening as vacancy rates sit around 1.1%.