305/420 Spencer Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
OFF MARKET

305/420 Spencer Street
Melbourne VIC 3000

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 68m2
Land area: 64m2
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Last updated 19 Jan 2026
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Property Details for 305/420 Spencer St, Melbourne

305/420 Spencer St, Melbourne is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2014. The property has a land size of 64m2 and floor size of 68m2.

Building Type
Unit
Year Built
2014
Floor Size
68m2
Land Size
64m2
Local Government
Melbourne

Last Listing description (May 2019)

Brand New 2 Bed / 2 Bath On Spencer
This Brand New two bedroom apartment (unfurnished), features Premium Oak timber floors throughout, spacious open plan living/dining area, with a connecting balcony. Good sized bedrooms with a connecting ensuite and a large main bathroom. The Kitchen is fitted with stone top benches and SMEG appliances. Apartment is installed with high speed NBN internet
Relax at home or utilise the building facilities with a spacious gym, swimming pool and open lounge area on level one. Included is also a open terrace on level two, and a rooftop with amazing views on the 27th floor.

With walking distance to Queen Victoria Market, Melbourne CBD, Coles Shopping Centre, Harbour Town, Melbourne University and Haileybury College, everything is on your doorstep. Easy access to Flagstaff Gardens, Southern Cross and North Melbourne train station.

Property History for 305/420 Spencer St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
  • 18 Nov 2017
    Listed for Sale $559,000
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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 64,289 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, 2739 properties were sold in the past 12 months in Melbourne.

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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.