1/201 Spring Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
OFF MARKET

1/201 Spring Street
Melbourne VIC 3000

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 71m2
Land area: 884m2
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Property Details for 1/201 Spring St, Melbourne

1/201 Spring St, Melbourne is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1969. The property has a land size of 884m2 and floor size of 71m2. While the property is not currently for sale or for rent, it was last sold in January 2024.

Building Type
Unit
Year Built
1969
Floor Size
71m2
Land Size
884m2
Local Government
Melbourne
Lot/Plan
1/RP1578

Last Listing description (February 2026)

Set within a prestigious city address, this beautifully appointed 10th floor apartment delivers timeless design, generous proportions (130m2 approx internal area), and breathtaking outlooks across Melbournes most recognisable landmarks. Ideal for downsizers, professionals, couples, or investors, the home combines classic elegance with modern luxury in the heart of the CBD.

The open plan kitchen and living zone is thoughtfully designed to maximise both space and light. A gas fireplace framed by marble stone and custom built shelving creates a striking focal point, while VJ panelling and LED downlights enhance the apartments sophisticated aesthetic. The living area flows seamlessly to a spacious balcony overlooking Parliament Gardens, offering a peaceful retreat with uninterrupted views.


The kitchen features beautifully crafted timber cabinetry, mirrored splashback, LED strip lighting, and gold tapware. An induction cooktop, electric oven, and concealed Miele dishwasher provide sleek functionality, while the spacious separate dining area is enhanced by built in cabinetry and sweeping views. A graceful archway separates the living and dining zones, adding architectural character and elegance.

Both bedrooms are generously sized and include built in robes, with the main bedroom enjoying a luxurious ensuite finished with marble flooring, floor to ceiling tiles, and a sleek shower. The central bathroom is equally refined, offering a floating timber vanity and ceiling mounted shower head. A full-sized laundry with kitchenette/butlers pantry adds versatility, complete with LED strip lighting, induction cooktop, sink, electric oven, and additional storage.

Comfort and security are assured with split system heating and cooling, intercom entry, secure parking, full time concierge, access to the building courtyard and expansive residents lounge. Flooring is thoughtfully zoned with marble tiling and quality carpet, enhancing both practicality and comfort throughout, whilst the extensive use of imported marble and antique light fittings create an ambience like no other.

Perfectly positioned within walking distance to Parliament Train Station, the apartment enjoys effortless connectivity. World class dining and shopping are moments away, including CBD restaurants, Princess Theatre, and the Queen Victoria Market.

Surrounded by some of Melbournes most beautiful green spaces, enjoy easy access to Parliament Gardens, Treasury Gardens, Carlton and Fitzroy Gardens, and the Yarra River, offering a rare balance of city living and outdoor escape.

Park Tower has just been extensively refurbished with an impressive new entry foyer and all common areas on each level smartly refreshed.

This is an exceptional opportunity to secure a truly elegant apartment with iconic views in one of Melbournes most prestigious city locations.

We donate a portion of our fee from every property transaction to the Woodards Foundation to support people experiencing homelessness, family violence and social isolation.

Property History for 1/201 Spring St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$1,200,000
15 Jan 2024
Listed for Rent
$700/w
07 Aug 2023
  • 11 Feb 2026
    Listed for Sale $1,950,000 - $2,050,000
  • 06 Nov 2025
    Listed for Rent $495 / week
  • 15 Jan 2024
    Sold for $1,200,000
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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 64,237 properties. Over the last 5 years, Houses in Melbourne have seen a 33.17% increase in median value, while Units have seen a -4.37% decrease. As at 28 February 2026:

  • The median value for Houses in Melbourne is $1,808,781 while the median value for Units is $436,528.
  • Houses have a median rent of $650 while Units have a median rent of $675.
There are currently 255 properties listed for sale, and 180 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2765 properties were sold in the past 12 months in Melbourne.

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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.