1905/138 Spencer Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
OFF MARKET

1905/138 Spencer Street
Melbourne VIC 3000

Bedrooms: 2
Bathrooms: 2
Car spaces: -
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Last updated 12 Jan 2026
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Property Details for 1905/138 Spencer St, Melbourne

1905/138 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 June 2015.

Building Type
Unit
Local Government
Melbourne
Lot/Plan
1905/PS739447

Last Listing description (May 2023)

Your Premium Lifestyle!

**ARRANGE AN INSPECTION TIME ONLINE - DETAILS BELOW*

Without Furnished

Premier Tower situated at the corner of Bourke Street and Spencer Street, the two of Melbourne's best-known states, a vibrant hub for locals and visitors alike. This stunning city landmark is your launch pad to multicultural Melbourne, with breathtaking views and a world of entertainment for you to discover. Located right opposite to Southern Cross Train Station, free tram zone, short distance to Bourke Street Mall and Emporium.

This unit features:
- Open-plan living and dining layout
- Floor-to-ceiling windows glass
- Spacious bedroom with built-in-robes
- Modern central kitchen with stainless steel appliances
- Additional place for study/work-from-home duties
- Secure intercom entry
- European laundry with front load washing machine
- Split system heating/air conditioning

Premium Tower is underpinned by impressive amenities which will make you never want to leave. Ground level has concierge service, underground parking for residents and retail amenity. Level 07, there are garden lounge and private dining, outdoor fitness zone, fully-equipped gym & personal training studio and sauna & SPA. Level 46 is equipped with catering kitchen, games and golf area and 12-person theatre.

Conditions of Entry
If attending inspections, please ensure you practice Social Distancing (minimum 1.5 metres) at all times, keeping in mind:

* Our agents may restrict number of people inspecting the property at any one time
* You refrain from touching surfaces, doorhandles, cupboards, drawers, walls, etc. when inspecting the property.

We appreciate your co-operation and ask that you please respect the advice and recommendations of the agent when inspecting the property.

To apply, you must inspect the property first, please note we will not accept an application until this has occurred.

Arranging an inspection is easy! Simply click on "Request a time" or Email Agent to book instantly using our online system. By registering, you will be INSTANTLY informed of any updates, changes or cancellations for your appointment.

Property History for 1905/138 Spencer St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$741,560
28 Jun 2015
  • 26 Apr 2023
    Listed for Rent $820 weekly
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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 64,287 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 247 properties listed for sale, and 361 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2735 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.