1201/31 Spring Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
OFF MARKET

1201/31 Spring Street
Melbourne VIC 3000

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 77m2
Land area: 695m2
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Last updated 12 Jan 2026
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Property Details for 1201/31 Spring St, Melbourne

1201/31 Spring St, Melbourne is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2000. The property has a land size of 695m2 and floor size of 77m2. While the property is not currently for sale or for rent, it was last sold in July 1998.

Building Type
Unit
Year Built
2000
Floor Size
77m2
Land Size
695m2
Local Government
Melbourne
Lot/Plan
1201/PS411586

Last Listing description (September 2022)

(UNFURNISHED) Enjoy the magnificent views from the light filled living room. Easterly views across the Gardens and out towards the Dandenong Ranges. Floor to ceiling windows are a feature for this apartment.
The popular Philadelphia building is located in the middle of Melbourne's best restaurant precinct and close to Theaters. Two bedroom with built in robes, central generous size bathroom, kitchen with euro appliances. Rooftop pool and a secure parking space. Building manager on site.

Call or Text Emma on 0412 340 551 to inspect!!

**Please ensure that you register your interest for this property by clicking on the 'EMAIL AGENT' button, we will keep you up to date with inspections, rent changes and similar properties in the area that may also be suitable. Your details will remain confidential and are only used for the purpose of securing you a property.**

Property History for 1201/31 Spring St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$426,000
09 Jul 1998
Listed for Rent
$600/w
20 Sep 2022
  • 08 Sep 2022
    Listed for Rent $600 / week
  • 30 Aug 2021
    Listed for Rent $550 / week
  • 19 Feb 2020
    Listed for Rent $550 / week
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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 359 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.