SOLD
Sold on 15 Mar 2024 for $258,000

1706/220 Spencer Street
Melbourne VIC 3000

Bedrooms: 1
Bathrooms: 1
Car spaces: -
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Property Details for 1706/220 Spencer St, Melbourne

1706/220 Spencer St, Melbourne is a 1 bedroom, 1 bathroom Unit and was built in 2014. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 1 bedroom Unit sold in Melbourne in the last 12 months.

Building Type
Unit
Year Built
2014
Local Government
Melbourne
Lot/Plan
1706S/PS633275

Last Listing description (May 2023)

Call to inspect this extra spacious one bed apartment, comprising of an open plan Kitchen and Living space leading onto a balcony.

Kitchen include stainless steel appliances. Apartment comes with European laundry adjacent to kitchen with touch pad intercom. Double glazed windows.

- Located within a short stroll to retail and dining areas in Docklands, Southbank and South Wharf.

- Various public transport options on offer, with Southern Cross Station situated directly opposite, on your doorstep.
- Great amenities on offer, such as a large indoor pool, gymnasium and outdoor area.
-Washing machine and dryer

- Fibre optic cabling throughout the precinct offering internet speeds of up to 100Mbps and wireless access available in common areas. (to be connected by renter)

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Property History for 1706/220 Spencer St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$258,000
15 Mar 2024
Listed for Rent
$420/w
08 May 2023
  • 15 Mar 2024
    Sold for $258,000
  • 02 May 2023
    Listed for Rent $420 / week
  • 06 May 2022
    Listed for Rent - Price not available
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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 61,354 properties. Over the last 5 years, Houses in Melbourne have seen a 33.57% increase in median value, while Units have seen a 2.46% increase. As at 31 August 2024:

  • The median value for Houses in Melbourne is $1,218,497 while the median value for Units is $465,019.
  • Houses have a median rent of $600 while Units have a median rent of $645.
There are currently 301 properties listed for sale, and 261 properties listed for rent in Melbourne on OnTheHouse. According to CoreLogic's data, 2070 properties were sold in the past 12 months in Melbourne.

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