FOR SALE
$430,000

535/57 Spencer Street
Melbourne VIC 3000

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 63m2
Land area: 63m2
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West Facing Heritage Apartment

The moment you enter the foyer you will be taken by the Grandeur of this
Italianate style heritage splendour.
Now you have the opportunity to purchase in one of Melbourne's most
opulent Heritage buildings in the form of this large approximately 63sqm
fully furnished apartment suitable for an owner occupier or investor, offering
one bedroom mezzanine style living with ducted heating and cooling.
Features include a main bathroom, open plan living and the option to
purchase a secure under cover car space.
The building itself is a Melbourne land mark and offers services such as pool, spa, sauna, and gymnasium, onsite caretaker, piano Bar, restaurant and cafe.
Located within walking distance to tram, train, South Wharf, Crown Casino,
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Property Details for 535/57 Spencer St, Melbourne

535/57 Spencer St, Melbourne is a 1 bedroom, 1 bathroom Apartment. The property has a land size of 63m2 and floor size of 63m2. The place is currently for sale with Keystone Real Estate .

Building Type
Apartment
Floor Size
63m2
Land Size
63m2

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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 61,549 properties. Over the last 5 years, Houses in Melbourne have seen a 14.85% increase in median value, while Units have seen a -3.54% decrease. As at 30 November 2024:

  • The median value for Houses in Melbourne is $1,252,430 while the median value for Units is $449,245.
  • Houses have a median rent of $588 while Units have a median rent of $650.
There are currently 384 properties listed for sale, and 335 properties listed for rent in Melbourne on OnTheHouse. According to CoreLogic's data, 2195 properties were sold in the past 12 months in Melbourne.

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Richard Mindraoui
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Mithra Ghazipour
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Keystone Real Estate
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