242/99 Spring Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
OFF MARKET

242/99 Spring Street
Melbourne VIC 3000

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 115m2
Land area: 939m2
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Property Details for 242/99 Spring St, Melbourne

242/99 Spring St, Melbourne is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1972. The property has a land size of 939m2 and floor size of 115m2. While the property is not currently for sale or for rent, it was last sold in August 2016.

Building Type
Unit
Year Built
1972
Floor Size
115m2
Land Size
939m2
Local Government
Melbourne
Lot/Plan
242/RP2983

Last Listing description (June 2016)

Entirely surrounded by extraordinary Manhattan style views, this half floor sub penthouse apartment presents an exceptionally rare opportunity to not only enjoy but customise luxurious proportions in one of the CBD's most exclusive addresses.
Impeccably cared for by the same owner occupier for the last twenty years, its immediately impressive open plan dimensions and sweeping alfresco terrace whilst peaceful and private, positively bask in a mesmerising uninterrupted panorama that stretches from the Exhibition Buildings in the north, to St Patricks Cathedral, Parliament House, the leafy expanses of the Treasury and Fitzroy Gardens in the east and on to the MCG and Yarra River in the south.
Serving with accomplished efficiency, a Euro appointed kitchen with granite benchtops and comprehensive storage shares the view with three generously sized bedrooms, one arranged as a library/ study, one with BIRs/ ensuite, the main with WIR and open granite spa ensuite. With ducted heating/ cooling, intercom security, two side by side basement car spaces, a separate storage room, residents' only gym and pool.

Update, renovate or reconfigure (STCA) to make the utmost of a privileged position that places the city's finest restaurants, theatres, coffee shops and a host of transport options all at the doorstep.

Property History for 242/99 Spring St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$2,410,000
13 Aug 2016
  • 13 Aug 2016
    Sold for $2,410,000
  • 27 Apr 2016
    Listed for Sale UNDER OFFER
  • 08 Jun 1994
    Sold for $750,000
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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 64,288 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 357 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.