1608B/250 Spencer Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
 
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1608B/250 Spencer Street
Melbourne VIC 3000

Bedrooms: 2
Bathrooms: 2
Car spaces: -
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Last updated 19 Jan 2026
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Property Details for 1608b/250 Spencer St, Melbourne

1608b/250 Spencer St, Melbourne is a 2 bedroom, 2 bathroom Unit.

Building Type
Unit
Local Government
Melbourne

Last Listing description (May 2022)

**CONTACT US NOW TO BOOK IN FOR INSPECTION**

Ritz Carlton 5 Star Hotel Apartment is coming down to Melbourne.

1608B is a unfurnished apartment offers two carpeted bedrooms, two modern bathrooms and open plan living and dining area with stainless steel appliances.

Enjoy full access to the immaculate on-site gym, pool and sauna facilities which will surely impress.

Unbeatable location, tram stop at your door step with Southern Cross station only seconds away. This is an ideal apartment for the city lover or for those who want a life of convenience.

ADVERTISED INSPECTION TIMES displayed on this page are subject to cancellation or change.

The first month's rent and bond are to be paid in advance by direct credit or bank cheque/s

For more information, please contact us.

Please note that you may be asked to remove shoes, wear gloves and/or use hand sanitiser.

Thank you for your understanding.

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Property History for 1608b/250 Spencer St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Listed for Rent
$580/w
14 Apr 2022
  • 14 Apr 2022
    Listed for Rent $580 / week
  • 16 Jul 2020
    Listed for Rent $479 / 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 64,286 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 243 properties listed for sale, and 367 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2743 properties were sold in the past 12 months in Melbourne.

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© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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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.

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