538/57 Spencer St, Melbourne, VIC 3000 | Apartment for sale | OnTheHouse
FOR SALE

Spencer Street
Melbourne VIC 3000

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 82m2
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East Facing Heritage Apartment

Designed by English born James Moore, the Grand reflects Melbourne's boom of the 1880s, with a 130m frontage, the Grand is a reminder of a bygone Victorian Gold rush era, where attention to detail and architectural
grandeur reigned supreme.
The building is a Victorian landmark highlighted by Art Nouveau architectural features with original tessellated tile flooring, European stonemason work and high ornate columned arches, soaring ceilings and the infamous wide sweeping Grand staircase. Within the Italianate Style Grand Central building is this immaculate and luxurious apartment. The discerning buyer can expect attention to detail and perfection with the very best of quality in the form of two bedrooms, light filled lounge, separate dining adjoining a modern gourmet kitchen with spotted gum timber providing ample cupboard space.
The apartment is a mezzanine loft style with a large void of 5-Metre-high
corrugated iron ceilings not typically seen within the CBD.
Features also include Electrolux appliance suite. (Dishwasher, oven and
induction), double-glazed large original sash windows installed by
Thermwood with 10 years warranty insures total peace and quiet.
Building facilities include pool, spa, sauna, gymnasium, BBQ areas,
restaurant and bar all within a stone throw to Southern Cross station, the
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Property Details for 538/57 Spencer St, Melbourne

538/57 Spencer St, Melbourne is a 2 bedroom, 1 bathroom Apartment. The property has a floor size of 82m2. The place is currently for sale with Keystone Real Estate .

Building Type
Apartment
Floor Size
82m2
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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 64,816 properties. Over the last 5 years, Houses in Melbourne have seen a -22.07% decrease in median value, while Units have seen a 0.12% increase. As at 30 September 2026:

  • The median value for Houses in Melbourne is $1,472,763 while the median value for Units is $443,241.
  • Houses have a median rent of $760 while Units have a median rent of $680.
There are currently 272 properties listed for sale, and 293 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2283 properties were sold in the past 12 months in Melbourne.

Suburb Insights for Melbourne 3000

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Richard Mindraoui
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Keystone 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.