Property Details for 538/57 Spencer St, Melbourne
538/57 Spencer St, Melbourne is a 2 bedroom, 1 bathroom Unit.
Last Listing description (May 2026)
The Grand is a reminder of a bygone Victorian Gold rush era, where attention to detail and architectural grandeur reigned supreme. Upon entry, you are greeted by an impeccably maintained building with the main feature being the tessellated tile flooring, wide sweeping staircase, high ornate arches and soaring ceilings.
Two fully renovated lifts give you access to a stylish and well-appointed east facing apartment. The apartment is a funky mezzanine style living with ample morning sunlight and offers the discerning buyer the comforts of 2 bedrooms both with BIR and a main bathroom.
Downstairs is open plan living and consists of lounge, kitchen and dining. Added features include 2.5 Metre double glazed windows, high 4 metre ceilings, central heating and cooling, while the building itself features pool, spa, sauna, gymnasium and 2 BBQ areas great for entertaining, an onsite caretaker, piano Bar and restaurant. The apartment is within walking distance to Southern Cross Station, Crown Casino and the cosmopolitan South Wharf.
Suitable for both owner occupiers and investors.
For a private inspection call Richard 0437 250 964.
Property History for 538/57 Spencer St, Melbourne, VIC 3000
- 16 Apr 2026Listed for Sale $580,000 to $635,000
- 18 Jun 2024Listed for Sale $580,000 to $635,000
- 13 Feb 2024Listed for Sale $580,000 to $635,000
Recent sales nearby
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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 64,361 properties. Over the last 5 years, Houses in Melbourne have seen a 1.23% increase in median value, while Units have seen a -5.07% decrease. As at 31 May 2026:
- The median value for Houses in Melbourne is $1,426,624 while the median value for Units is $434,769.
- Houses have a median rent of $718 while Units have a median rent of $680.
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