1705/138 Spencer Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
OFF MARKET

1705/138 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 1705/138 Spencer St, Melbourne

1705/138 Spencer St, Melbourne is a 2 bedroom, 2 bathroom Unit. While the property is not currently for sale or for rent, it was last sold in November 2015.

Building Type
Unit
Local Government
Melbourne
Lot/Plan
1705/PS739447

Last Listing description (July 2024)

Elegant lifestyle in heart of Melbourne

This apartment features floor-to-ceiling windows that delivers sensational views and natural light into every room of the apartment along with floorboards. Offering and open plan living and dining area with air-conditioning and heating, modern kitchen with marble kitchen stone bench, quality appliances and plenty of storage The sparkling central bathroom with floor to ceiling tiles offers rain shower head and European style laundry. Both two bedrooms are generously sized with mirrored built-in wardrobe.

Premier Tower is situated at the corner of Bourke Street and Spencer Street, granting close proximity to cafes, restaurants and DFO shopping, with Southern Cross station and free city tram zone right at your doorstep. This arising city landmark offers breathtaking views and an elegant lifestyle.

As a resident of Premier Tower, theres are an abundance of entertainment for you to discover. The world class amenities include cinema, well-equipped gym, pool, sauna & steam room, library, Karaoke room and private dining area.

Booking an inspection is easy! Simply click on "Request a Time" to register your details for an inspection time that suits you. Alternatively, "Get in Touch" with our Liveability Agents to enquire today, we look forward to meeting you soon!

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Property History for 1705/138 Spencer St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$757,760
16 Nov 2015
  • 19 Jun 2024
    Listed for Rent $825 per week
  • 23 May 2023
    Listed for Rent $750 WEEKLY
  • 02 Aug 2021
    Listed for Rent - Price not available
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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 240 properties listed for sale, and 362 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2750 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.