SOLD
Sold on 17 Apr 2024 for $610,000

3502/220 Spencer Street
Melbourne VIC 3000

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 68m2
Sold By
VICPROP Hawthorn
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Property Details for 3502/220 Spencer St, Melbourne

3502/220 Spencer St, Melbourne is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2013. The property has a floor size of 68m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 2 bedroom Unit sold in Melbourne in the last 12 months.

Building Type
Unit
Year Built
2013
Floor Size
68m2
Local Government
Melbourne
Lot/Plan
3502S/PS633275

Last Listing description (April 2024)

Centrally located along a bluechip corridor placing Southern Cross station, Spencer Street retail outlets, and Victoria Harbour shopping district within immediate reach; this two bedroom domain is the perfect launching pad for city adventures and will have wide appeal for entry-level purchasers, young professionals, and investors seeking to grow their portfolio.

The extra-wide balcony is an excellent outdoor counterpart to the joint living & dining domain, where the propertys low-maintenance convenience is fully-demonstrated. The ease-of-living lifestyle it offers is perfectly complemented by a location that places everything you will ever need at your doorstep.

Its two-bedroom design is more than accommodating, with both bedrooms boasting oversized dimensions rarely found in city dwellings. A primary bedroom with BIR and ensuite is joined by a secondary bedroom with BIR, second private balcony, and main bathroom access.

Final features include Euro laundry, living room A/C, video intercom, secure parking, 24-hour concierge, gym, heated pool, sauna, function room, rock climbing wall, and communal courtyard.

Property History for 3502/220 Spencer St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$610,000
17 Apr 2024
Listed for Rent
$450/w
09 Jul 2021
  • 17 Apr 2024
    Sold for $610,000
  • 19 Feb 2024
    Listed for Sale Under Offer
  • 18 May 2021
    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 61,317 properties. Over the last 5 years, Houses in Melbourne have seen a 39.04% increase in median value, while Units have seen a -0.03% decrease. As at 31 July 2024:

  • The median value for Houses in Melbourne is $1,620,620 while the median value for Units is $451,754.
  • Houses have a median rent of $600 while Units have a median rent of $640.
There are currently 287 properties listed for sale, and 270 properties listed for rent in Melbourne on OnTheHouse. According to CoreLogic's data, 2031 properties were sold in the past 12 months in Melbourne.

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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.