101/51 Spring Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
OFF MARKET

101/51 Spring Street
Melbourne VIC 3000

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 406m2
Land area: 542m2
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Property Details for 101/51 Spring St, Melbourne

101/51 Spring St, Melbourne is a 3 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1973. The property has a land size of 542m2 and floor size of 406m2. While the property is not currently for sale or for rent, it was last sold in July 2019.

Building Type
Unit
Year Built
1973
Floor Size
406m2
Land Size
542m2
Local Government
Melbourne
Lot/Plan
17/PS413424

Last Listing description (May 2020)

Nestled above the tree line of the Treasury Gardens within the Melbourne CBD's premiere residential address, is perhaps the most significant mansion-style apartment to have been completed within the city.Voluminous living spaces allow the arrangement of the formal and informal living areas, Master suite with bathtub, WIR A family library to reflect its mansion-like proportions, A Wine Cellar Large Storage Room inside the apartment.The ability to live expansively across the living zones reflects not only the sensibilities of luxury dwellings but also the intellect and practicality behind the internal design.Features two (2) large balconies overlooking Spring Street Gardens, with outdoor heating.This property goes on endlessly and you'll enjoy exploring every corner.Email the Agent to arrange an inspection.

Property History for 101/51 Spring St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$7,000,000
03 Jul 2019
Listed for Rent
$3.00k/w
23 Apr 2020
  • 06 Aug 2019
    Listed for Rent - Price not available
  • 03 Jul 2019
    Sold for $7,000,000
  • 11 Dec 2000
    Sold for $1,300,000
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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 64,288 properties. Over the last 5 years, Houses in Melbourne have seen a 51.22% increase in median value, while Units have seen a -4.06% decrease. As at 31 December 2025:

  • The median value for Houses in Melbourne is $2,044,589 while the median value for Units is $436,832.
  • Houses have a median rent of $640 while Units have a median rent of $670.
There are currently 246 properties listed for sale, and 357 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2745 properties were sold in the past 12 months in Melbourne.

Suburb Insights for Melbourne 3000

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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.