206/57 Spencer St, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
OFF MARKET

Spencer Street
Melbourne VIC 3000

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Land area: 90m2
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Last updated 25 May 2026
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Property Details for 206/57 Spencer St, Melbourne

206/57 Spencer St, Melbourne is a 2 bedroom, 1 bathroom Unit. The property has a land size of 90m2.

Building Type
Unit
Land Size
90m2
Local Government
Melbourne

Last Listing description (April 2026)

Welcome to your new home! This well-appointed 2-bedroom apartment is perfect for small families, professional couples or individuals looking for a comfortable and convenient living environment. Located in a quiet and safe building this apartment offers a peaceful and relaxing atmosphere while still being close to all the amenities you need.

As you step inside you'll notice the airy layout of the apartment. The living room is bright, with large north facing windows, the dining area is cosy and perfect for hosting dinner parties or family gatherings. The kitchen is separated with a window overlooking the serene common courtyard, European laundry and powder room completes the downstairs area while upstairs consists of 2 bedrooms both with built in robes and are serviced by a main bathroom.

The building itself is a reminder of a bygone Victorian Gold rush era where attention to detail and architectural grandeur reigned supreme.

Step outside and you will see that you are located across the road from Southern Cross station and a short stroll to the Melbourne aquarium, the Australian Art Centre, Crown Casino and DFO.

One rooftop car space included.

The building is serviced by a pool, sauna, spa, 2 BBQ areas and a lounge.
Do not miss out on securing this unique heritage apartment.

Note - this property is unfurnished.

Property History for 206/57 Spencer St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Listed for Rent
$800/w
12 Nov 2025
  • 19 Sep 2025
    Listed for Rent $800 / week
  • 13 Mar 2024
    Listed for Rent $790 / week
  • 06 Dec 2023
    Listed for Sale $690,000
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About Melbourne 3000

The size of Melbourne is approximately 2.7 square kilometres. There are 9 parks, covering nearly 2.5% of the 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 64,343 properties. Over the last 5 years, Houses in Melbourne have seen a 5.76% increase in median value, while Units have seen a -4.47% decrease. As at 30 April 2026:

  • The median value for Houses in Melbourne is $1,457,082 while the median value for Units is $442,735.
  • Houses have a median rent of $700 while Units have a median rent of $675.
There are currently 310 properties listed for sale, and 188 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2665 properties were sold in the past 12 months in Melbourne.

Suburb Insights for Melbourne 3000

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Cotality Copyright and Legal Disclaimers about Property Data
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.