FOR SALE
$240,000 to $260,000

2412/288 Spencer Street
Melbourne VIC 3000

Bedrooms: 1
Bathrooms: 1
Car spaces: -
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Stylish Inner-City Living at 2412/288 Spencer Street, Melbourne

This one bedroom apartment is a fabulous opportunity to secure a prime property in an inner city location. Situated in a premium facility, this apartment offers a spacious living and bedroom area with built-in robes, a separate bathroom, and an open plan kitchen with breathtaking views.
Featuring split system heating and cooling throughout, secure entry, and a bike storage room, this apartment provides all the necessary amenities for modern living. Additionally, residents can enjoy access to recreational facilities including a gym, heated indoor pool, and sauna.
Perfectly suited for a student abode, a city retreat, or an investment opportunity with a suggested return of $455 per week. Don't miss out on this fantastic chance to own a piece of the city. Enquire today for further information!
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Property Details for 2412/288 Spencer St, Melbourne

2412/288 Spencer St, Melbourne is a 1 bedroom, 1 bathroom Unit. The place is currently for sale with Biggin Scott Ballarat & Creswick.

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About Melbourne 3000

The size of Melbourne is approximately 2.7 square kilometres. It has 9 parks covering nearly 2.5% of total area. The population of Melbourne in 2011 was 28,370 people. By 2016 the population was 47,293 showing a population growth of 66.7% in the area during that time. The predominant age group in Melbourne is 20-29 years. Households in Melbourne are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Melbourne work in a professional occupation. In 2011, 34.7% of the homes in Melbourne were owner-occupied compared with 29% in 2016.

Melbourne has 60,855 properties. Over the last 5 years, Houses in Melbourne have seen a 12.01% increase in median value, while Units have seen a -3.92% decrease. As at 31 October 2024:

  • The median value for Houses in Melbourne is $1,371,910 while the median value for Units is $452,109.
  • Houses have a median rent of $580 while Units have a median rent of $650.
There are currently 400 properties listed for sale, and 322 properties listed for rent in Melbourne on OnTheHouse. According to CoreLogic's data, 2111 properties were sold in the past 12 months in Melbourne.

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Mark Vorstenbosch
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Teagan Monaghan
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Biggin Scott Ballarat & Creswick
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.