1108/31 Spring Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
OFF MARKET

1108/31 Spring Street
Melbourne VIC 3000

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 58m2
Land area: 695m2
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Property Details for 1108/31 Spring St, Melbourne

1108/31 Spring St, Melbourne is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2001. The property has a land size of 695m2 and floor size of 58m2. While the property is not currently for sale or for rent, it was last sold in November 2023.

Building Type
Unit
Year Built
2001
Floor Size
58m2
Land Size
695m2
Local Government
Melbourne
Lot/Plan
1108/PS411586

Last Listing description (October 2024)

An exceptional opportunity to secure this spacious one bedroom apartment with a car parking space on title in one of the city's most highly regarded residential buildings - 'The Philadelphia' and superbly positioned opposite the Treasury Gardens and only a short stroll to the MCG.

The views feature bay vistas and a full complement of city lights at night this quality apartment presents an exceptionally rare opportunity to enjoy the full benefit of the geography and the amenity afforded to this exceptional location.

The elevated bedroom area features a small study nook and robe and seamlessly joins the well proportioned living area. Natural light floods the apartment through floor to ceiling windows and creates the framing for the postcard views.

The galley style kitchen provides a large benchtop and all the elements to make it work. The bright fully tiled bathroom features a wide shower recess and stylish basin.

The building enjoys an onsite building manager and a spectacular rooftop heated pool providing enjoyment all year round.

With a rare car park on title this is an absolute gem for the owner occupier looking to make a move into Melbourne or an investor wanting to secure future returns.

It isn't often that we see apartments come up in this building so move quickly to arrange an appointment.

Contact Robert Eggers to register your private appointment, as only the registered party will be able to access the property.

Property History for 1108/31 Spring St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$380,000
29 Nov 2023
Listed for Rent
$540/w
07 Jun 2019
  • 29 Nov 2023
    Sold for $380,000
  • 02 Aug 2023
    Listed for Sale Contact Agent
  • 09 Jun 2023
    Listed for Sale $499,000
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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 64,229 properties. Over the last 5 years, Houses in Melbourne have seen a -25.47% decrease in median value, while Units have seen a -3.96% decrease. As at 30 November 2025:

  • The median value for Houses in Melbourne is $1,033,829 while the median value for Units is $440,645.
  • Houses have a median rent of $635 while Units have a median rent of $660.
There are currently 252 properties listed for sale, and 231 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2749 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.