1703/138 Spencer Street, Melbourne, VIC 3000 | Apartment for rent | OnTheHouse
FOR RENT
$900 pw

1703/138 Spencer Street
Melbourne VIC 3000

Bedrooms: 2
Bathrooms: 2
Car spaces: -
Available From
Tuesday 23 December 2025| Bond $5,400
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Luxury Living in the Premier

Premier Tower, architecturally designed by Elenberg Fraser with beautifully "spiralling curves" inspired by the popular singer, Beyonce, is no doubt a stunning landmark in the CBD. With Southern Cross Station right on the opposite and tram stop just at your door step, Premier enjoys an enviable location with a variety of restaurants and shops close by, and University of Melbourne and RMIT University within easy reach.
This 2-bed 2-bath apartment comprises open plan living and dining space, modern European kitchen with quality stainless steel appliances and stone benchtops, two double bedrooms both with mirrored BIRS and floor to ceiling windows, main with Ensuite and the second one serviced by a stylish fully-tiled central bathroom.
Residents have access to world-class amenities including an indoor-outdoor deck, residents' lounge, gym, fitness studio, spa, sauna, theatre and virtual golf.
**Photos are for advertising purposes only

Property Details for 1703/138 Spencer St, Melbourne

1703/138 Spencer St, Melbourne is a 2 bedroom, 2 bathroom Apartment. The place is currently for rent with Melplex Real Estate.

Building Type
Apartment
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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 2016 was 47285 people. By 2021 the population was 54941 showing a population growth of 16.2% 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 2021, 25.80% of the homes in Melbourne were owner-occupied compared with 29.00% in 2016.

Melbourne has 64,216 properties. Over the last 5 years, Houses in Melbourne have seen a -21.74% decrease in median value, while Units have seen a -3.46% decrease. As at 31 October 2025:

  • The median value for Houses in Melbourne is $1,015,953 while the median value for Units is $443,745.
  • Houses have a median rent of $625 while Units have a median rent of $650.
There are currently 282 properties listed for sale, and 249 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2648 properties were sold in the past 12 months in Melbourne.

Suburb Insights for Melbourne 3000

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Mark Arnejo
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Leah Zhao
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Melplex Real Estate
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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.