1003/280 Spencer Street, Melbourne, VIC 3000 sold on 10 July 2026 | OnTheHouse
SOLD
Sold on 10 Jul 2026 for $305,000

1003/280 Spencer Street
Melbourne VIC 3000

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Property Details for 1003/280 Spencer St, Melbourne

1003/280 Spencer St, Melbourne is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2005. While the property is not currently for sale or for rent, it was last sold in July 2026. There are other 2 bedroom Unit sold in Melbourne in the last 12 months.

Building Type
Unit
Year Built
2005
Local Government
Melbourne
Lot/Plan
103/PS441371

Last Listing description (August 2026)

Investors benefit from 8% gross yield (approx.) in the heart of CBD

Rental
Current rental $510 per week lease until February 2027

Outgoings

Owners Corporation $4,678 pa
Council Rates $916 pa
Water Rates $704 pa

8% gross yield on the asking price of $339,000

Located at the ever-popular west-end of Melbourne's buzzing CBD is this smart and stylish entry level pad! Located in Mondriane Tower and tailor-made for first time buyers and those who want to secure an appealing city investment, this 1-bedroom apartment has an array of exciting modern hallmarks.

This property is located on the 10th floor and will be an absolute cinch to maintain. A long entry hallway extends into the carpeted living and meals zone, which further opens out to the charming undercover balcony. Incorporated into the living space is the sleek kitchen which has timber floors underfoot, as well as the advantage of stone benchtops and stainless steel appliances. As part of the Mondriane, you'll also have enviable access to a swimming pool and gymnasium on the top level.

Gorgeous bathroom with eye-catching tiling and benchtop plus an oversized mirror
Bedroom features built-in robe storage
Reverse cycle heating and cooling
European laundry facilities
Secure car space on title
Secure intercom entry plus an on-site building manager
A stone's throw to Southern Cross Station with DFO shopping
Near Coles supermarket and Asian grocery store
Short walk to Flagstaff Gardens and Queen Victoria Market
All the attractions of the Docklands including Marvel Stadium are close by
Enjoy an array of superb city restaurants and bars
In the free tram zone
Easy access to the airport via the SkyBus from the station

Property History for 1003/280 Spencer St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$305,000
10 Jul 2026
  • 15 Jul 2026
    Sold - Price Undisclosed
  • 23 Apr 2026
    Listed for Sale Under Offer
  • 02 Nov 2023
    Listed for Rent $460 Per Week
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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 64,791 properties. Over the last 5 years, Houses in Melbourne have seen a -28.12% decrease in median value, while Units have seen a 0.93% increase. As at 31 August 2026:

  • The median value for Houses in Melbourne is $1,383,053 while the median value for Units is $444,901.
  • Houses have a median rent of $713 while Units have a median rent of $680.
There are currently 289 properties listed for sale, and 287 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2401 properties were sold in the past 12 months in Melbourne.

Suburb Insights for Melbourne 3000

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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.