580 Spencer St, West Melbourne VIC 3003
  • house 5 2 1

580 Spencer St, West Melbourne VIC 3003

Passed In $1,920,000 on 26 Oct 2019

Map And Street View

Please note that location of this property on map is approximate and street view images may not show the exact property advertised.

Stamp Duty

$103,220

*based on property value $1,850,000 for investment

Mortgage registration fee $108
Transfer fee $1,362
Stamp duty on property $101,750

Monthly Repayment

$ 7,945

*based on loan amount $1,480,000 for principal and interest

Total interest payable $1,380,186
Loan Term 30 years
Annual Interest Rate 5.00%

Comparable Sold Properties

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Address Sold Price
131 Hawke Street 5 $1,500,000
124 Rosslyn Street 5 $2,150,000
580 Spencer Street 5 $1,850,000
25 Chetwynd Street 5 $1,360,000
47 Hawke Street 5 $1,758,000
74 Dudley Street 5 $1,275,000

Comparable Rent Properties

Address Rent Price
40-44 Abbotsford Street 5 $1,050 p/w
162-164 Adderley Street 5 $1,600 p/w
124 Rosslyn Street 5 $1,400 p/w
25 Chetwynd Street 5 $900 p/w
40-44 Abbotsford Street 5 $950 p/w
124 Rosslyn Street 5 $1,100 p/w
92 Miller Street 5 $1,000 p/w
25 Chetwynd Street 5 $900 p/w

Auction History - West Melbourne, VIC 3003

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West Melbourne, VIC 3003 (1.21 km to CBD)

Median House Price

$1,280,000

Median Unit Price

$552,250

Surrounding Suburbs

Nearby Train Stations

  • 0.45 km North Melbourne Station
  • 0.98 km Flagstaff Station
  • 1.38 km Southern Cross Station