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509/57 Spencer Street, Melbourne$330,000
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509/57 Spencer Street

Melbourne, VIC 3000, Australia
$330,000
1 bed 1 bath35 m²

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About this property

Cozy light filled Mezzanine style living in one of Melbourne's most opulent Heritage buildings is available in the form of this east facing apartment suitable for an owner occupier or investor. Located across the road from Southern Cross station and a short stroll to the Melbourne aquarium, the Australian Art Centre, Crown Casino and DFO is one of Melbourne's true landmarks. The apartment offers the discerning buyer the comforts of one-bedroom mezzanine style living approximately 35sqm in size. Features also include Grand 2.5 metre windows, a void of 4-metre-high ceilings and the building itself offers features such as tessellated tile flooring, wide sweeping staircases, high ornate arches and soaring ceilings. Services offered are pool, spa, sauna, gymnasium, caretaker, piano bar, restaurant and cafe. For a private inspection call Richard 0437 250 964

Property Details

Property Type
apartment
Listing Type
Sold
Bedrooms
1
Bathrooms
1
Land Area
35 m²
Listed
3 months ago

Repayment calculator

$1,600/month
$800 /fortnight
Loan $264,000 at 6.10% over 30 years

Upfront costs

Deposit$66,000
Stamp duty$14,870
Conveyancing (est.)$2,000
Total upfront$82,870
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.

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Neighbourhood

Living in Melbourne

This 1-bedroom apartment in Melbourne, VIC 3000 sits within reach of public transport, local shops and nearby schools. It is listed 39% below the $545,000 median of 65 comparable apartmentswithin 5 km.

Schools near Melbourne

  • Eltham College - Lonsdale Street Campuscombined
  • Melbourne Grammar Schoolcombined · Prep-12 · CoEd
  • Melbourne Grammar School - Wadhurst Campuscombined
  • Victorian College For The Deafcombined · U · CoEd
  • Wesley Collegecombined · Prep-12 · CoEd
  • Holmes Grammar Schoolsecondary · 11-12

What's nearby

  • Stop 3: Flagstaff Station (tram)801 m away
  • Rapha951 m away
  • Unnamed446 m away
  • Unnamed507 m away
  • Market Street Park557 m away

Melbourne at a glance

Full suburb profile
Population
54,941
Median age
29
Household income
$1,448/wk
Median rent
$381/wk
Median mortgage
$1,800/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Melbourne price trend

Median sold · Unit 1 bed

Compound growth -0.8% / yr over 4 yrs

$345kcurrent median

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