SOLD
Sold on 31 Oct 2023 for $492,500

504/57 Spencer Street
Docklands VIC 3008

Bedrooms: 1
Bathrooms: 1
Car spaces: -
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Property Details for 504/57 Spencer St, Docklands

504/57 Spencer St, Docklands is a 1 bedroom, 1 bathroom Unit and was built in 1893. While the property is not currently for sale or for rent, it was last sold in October 2023. There are other 1 bedroom Unit sold in Docklands in the last 12 months.

Building Type
Unit
Year Built
1893
Local Government
Melbourne
Lot/Plan
504/PS331362

Last Listing description (December 2022)

Located in one of Melbourne's most famed buildings, The Grand, and offering a unique split-level design that will be adored by all, this sensational 1 bedroom apartment is an affordable slice of a historic icon.

The Grand has a rich history dating back to the 1830s
Marvel at the stunning feature staircase located inside the building as well as beautiful period detail and expansive hallways

Very rare for properties to come up in this exclusive complex
Ready to go for keen investors as well as owner-occupiers
Open and welcoming entry has space for a study area
Step up from the entry into the light-filled living/meals
Lounge enjoys huge windows and the full height of the void
Kitchen is also filled with exceptional natural light while enjoying a practical design
Private bedroom with mirrored built-in robe has access to a modern ensuite
Additional powder room off the entry shares a space with the laundry
Secure intercom
Access via 53 Spencer Street

PROPERTY SIZE
Internal 56sqm

AMENITIES
Residents of The Grand will have access to a swimming pool with a retractable glass roof, spa, sauna, gym, two courtyard areas with BBQ facilities, and a building manager.

LOCATION
While you own a Docklands address, you have easy access to everything the CBD has to offer. Love being near Southern Cross Station, Spencer Outlet Centre, Southbank Promenade and Crown Casino, South Wharf Promenade with exciting bars and restaurants, Marvel Stadium, free trams, and buses.

All information including the internal and external property area (floor size, address, and general property description) on the website has been provided to Lucas Real Estate by third parties.
Information contained on the website should not be relied upon and homebuyers are encouraged to undertake due diligence before a property purchase.

Please contact Ricky Li on 0487 888 873 or Serena Su on 0499 083 362 to discuss this property further.

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Property History for 504/57 Spencer St, Docklands, VIC 3008

A timeline of how this property has performed in the market
Last Sold
$492,500
31 Oct 2023
  • 31 Oct 2023
    Sold for $492,500
  • 30 Jan 2023
    Sold for $486,000
  • 11 Aug 2022
    Listed for Sale $400,000 - $440,000
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About Docklands 3008

The size of Docklands is approximately 2.8 square kilometres. It has 12 parks covering nearly 5.3% of total area. The population of Docklands in 2011 was 5,790 people. By 2016 the population was 10,974 showing a population growth of 89.5% in the area during that time. The predominant age group in Docklands is 20-29 years. Households in Docklands are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Docklands work in a professional occupation. In 2011, 36.4% of the homes in Docklands were owner-occupied compared with 34.5% in 2016.

Docklands has 15,630 properties. Over the last 5 years, Houses in Docklands have seen a -26.83% decrease in median value, while Units have seen a -4.78% decrease. As at 30 September 2024:

  • The median value for Houses in Docklands is $1,750,400 while the median value for Units is $604,426.
  • Houses have a median rent of $650 while Units have a median rent of $650.
There are currently 72 properties listed for sale, and 43 properties listed for rent in Docklands on OnTheHouse. According to CoreLogic's data, 687 properties were sold in the past 12 months in Docklands.

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