Property Details for 508/57 Spencer St, Melbourne
508/57 Spencer St, Melbourne is a 1 bedroom, 1 bathroom Unit.
Last Listing description (April 2026)
This cosy one bedroom apartment is located in the iconic Grand Hotel one of Melbourne's finest heritage buildings offers true executive, inner city living.
Offering unique mezzanine style living, complimented with a separate dining and living zone plus fully equipped kitchen.
The spacious bedrooms includes mirrored built-in-robes, plus an en-suite bathroom.
Additional features include:
Ducted heating and cooling
Gym, Swimming pool, spa and sauna .
Secure access
Moments from Public transport, Flinders street, Southern Cross Station, and Melbourne's best Bars and Restaurants!
*Electricity is a fixed rate of $100.00 per month*
*communal laundry available within the building is a fixed rate of $15.00 per week
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Property History for 508/57 Spencer St, Melbourne, VIC 3000
- 03 Sep 2025Listed for Rent $565 / week
- 12 Jul 2024Listed for Rent $550 / week
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0About 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 64,265 properties. Over the last 5 years, Houses in Melbourne have seen a -6.38% decrease in median value, while Units have seen a -4.97% decrease. As at 31 March 2026:
- The median value for Houses in Melbourne is $1,346,319 while the median value for Units is $439,159.
- Houses have a median rent of $700 while Units have a median rent of $672.
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