FOR SALE
$701,910

4202/138 Spencer Street
Melbourne VIC 3000

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 47m2
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Last Unit! High level, 1 plus study with parking

Premier Tower
138 Spencer Street, MELBOURNE VIC 3000
Level 42, Lot 4202, 1 bedrooms 1 bathroom plus Study with parking, Internal area: 46.9sqm, Total area: 46.9sqm.
Aspect: North-West
OC fee: $4,944 p.a.
Investment highlights:-
1. Location
2. School zone
3. High quality
4. The Lifestyle
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Property Details for 4202/138 Spencer St, Melbourne

4202/138 Spencer St, Melbourne is a 1 bedroom, 1 bathroom Apartment with 1 parking spaces. The property has a floor size of 47m2. The place is currently for sale with Gibson Land.

Building Type
Apartment
Floor Size
47m2

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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 60,846 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 358 properties listed for sale, and 310 properties listed for rent in Melbourne on OnTheHouse. According to CoreLogic's data, 2134 properties were sold in the past 12 months in Melbourne.

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