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2603/220 Spencer Street

Melbourne, VIC 3000, Australia
$595,000
2 bed 2 bath 1 car

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Area Price Guide
$559,300$630,700

Indicative price guide range

🏘️
81
Comparable
📊
$518,000
Area median
⚖️
+15%
vs median
🗓️
3 weeks ago
Listed

Approximate location shown. Contact agent for exact address.

Property Insights

Multi-dimensional analysis · last updated 06/05/2026

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Schools

Data unavailable

Zoning

GRZ1 — General Residential Zone

Melbourne Planning Scheme

Public transport

10 stops within 1.5km

Nearest: Lonsdale Street/Spencer Street (0.1km)

Traffic

Data unavailable

Flood risk

Medium

Melbourne properties experience medium flood risk, particularly in areas adjacent to the Yarra River, Maribyrnong River, Moonee Ponds Creek, and their floodplains. Most flood-affected suburbs are covered by VIC's Land Subject to Inundation Overlay (LSIO) or Significant Plan Flood Overlay (SBO), which impose planning controls on development. Historical flooding events (notably 2011 and 1990 events) demonstrate vulnerability in low-lying inner suburbs and areas downstream of major catchments.

Bushfire risk

Moderate

BAL: BAL-19

Crime profile

Data unavailable

Nearby development

Data unavailable

Heritage

Heritage listed

Melbourne's CBD and inner precincts contain numerous Victorian-era and early 20th-century heritage buildings listed on the Victorian Heritage Register. Many streets and laneways are subject to Heritage Overlays through local planning schemes, creating a dense conservation character. Properties in these areas face significant development constraints regarding alterations, extensions, and external modifications.

Sources: Australian Gov open data + StMate AI
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Property Photos

About this property

Set within a well-established CBD complex, this thoughtfully designed two-bedroom residence offers a perfect balance of space, natural light, and everyday practicality. The generous living and dining zone extends to an oversized balcony, creating a seamless indoor-outdoor connection ideal for relaxing or entertaining. A well-appointed kitchen with ample storage anchors the open-plan layout, enhancing both functionality and flow. Both bedrooms are well-proportioned and include built-in robes, with the main bedroom complemented by a private ensuite. A second bathroom, separate laundry area, and additional balcony access further elevate day-to-day convenience. Residents enjoy access to a selection of building facilities, typically including a fully equipped gymnasium, indoor swimming pool and secure entry, enhancing both lifestyle and peace of mind. Positioned in a highly connected pocket of the CBD, just moments from Southern Cross Station, Spencer Outlet Centre, trams, universities and a vibrant dining scene, this is an exceptional opportunity for both owner-occupiers and investors. Outgoings: Council Rates: $1,330 per annum approx. Water Rates: $727 per annum approx. Owners Corporation Fees: $6,209 per annum approx.

Property Features

    View full listing on Domain

    See all photos, agent details & contact options on the original source.

    Repayment calculator

    $2,885/month
    $1,442 /fortnight
    Loan $476,000 at 6.10% over 30 years

    Upfront costs

    Deposit$119,000
    Stamp duty$30,770
    Conveyancing (est.)$2,000
    Total upfront$151,770
    Verify with VIC revenue office →
    Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

    Property Details

    Property Type
    apartment
    Listing Type
    For Sale
    Bedrooms
    2
    Bathrooms
    2
    Parking
    1
    Listed
    3 weeks ago

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    Agent name, phone and enquiry form are on the original Domain listing.

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