131/51 Spring Street, Melbourne, VIC 3000 sold on 22 February 2025 | OnTheHouse
SOLD
Sold on 22 Feb 2025 for $7,075,000

131/51 Spring Street
Melbourne VIC 3000

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 388m2
Land area: 450m2
Sold By
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Kay & Burton - Armadale
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Property Details for 131/51 Spring St, Melbourne

131/51 Spring St, Melbourne is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1973. The property has a land size of 450m2 and floor size of 388m2. While the property is not currently for sale or for rent, it was last sold in February 2025. There are other 3 bedroom Unit sold in Melbourne in the last 12 months.

Building Type
Unit
Year Built
1973
Floor Size
388m2
Land Size
450m2
Local Government
Melbourne
Lot/Plan
20/PS413424

Last Listing description (March 2025)

Nestled in one of Spring Streets most prestigious residential buildings, this exquisite, renovated whole-floor sub-penthouse offers unparalleled panoramic views, combining luxury, comfort, and the convenience of low-maintenance apartment living.
Brilliantly designed by renowned architect Nonda Katsalidis, this elegant residence at 51 Spring Street sits directly opposite the lush Treasury Gardens, often compared to New Yorks iconic Central Park.
With floor-to-ceiling glass that floods the apartment with natural light, the flexible floor plan is perfect for both sophisticated entertaining and relaxed family living. The interiors seamlessly blend contemporary style with effortless functionality.

Upon entering the expansive 450sqm (approx.) apartment through your private lift lobby, you are immediately captivated by the breathtaking north-east views that stretch from the Parliament and Treasury buildings to the MCG.
The gourmet kitchen is an entertainers dream, featuring an oversized marble and stainless steel island with breakfast bar, Ilve range with five-burner gas cooktop, Miele dishwasher, and floor-to-ceiling pantry cupboards.
Step out onto the stunning wraparound terrace, perfect for year-round entertaining with outdoor heating and ever-changing vistas.
A second living area, ideal as a library or media room, provides additional space for relaxation with extensive built-in shelving.
The tranquil master suite offers access to a private balcony with city views, walk-in robe, and a striking granite ensuite with an oversized shower. Two additional bedrooms, each with built-in robes, also enjoy balcony access and share a central bathroom with a double vanity and bath.
Additional features include a spacious study with built-in joinery, powder room, laundry, Vintec wine fridge, video security entry, integrated heating and cooling, an on-site building manager, and secure parking for two cars.
As one of only 20 tightly-held residences in this exclusive building, 51 Spring Street offers a lifestyle beyond compare. Enjoy immediate access to Melbournes best cafes, restaurants, high-end boutiques on Collins Street, the Arts Centre, NGV, Federation Square, and the citys premier sporting arenas.

Property History for 131/51 Spring St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$7,075,000
22 Feb 2025
  • 22 Feb 2025
    Sold for $7,075,000
  • 29 Oct 2024
    Listed for Sale Expressions of interest close 5 March at 12pm
  • 23 Nov 2016
    Sold for $5,500,000
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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 64,248 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 250 properties listed for sale, and 255 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2735 properties were sold in the past 12 months in Melbourne.

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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.