401/17 Spring Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
OFF MARKET

401/17 Spring Street
Melbourne VIC 3000

Bedrooms: 4
Bathrooms: 3
Car spaces: 2
Land area: 1271m2
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Property Details for 401/17 Spring St, Melbourne

401/17 Spring St, Melbourne is a 4 bedroom, 3 bathroom Unit with 2 parking spaces. The property has a land size of 1271m2. While the property is not currently for sale or for rent, it was last sold in February 2020.

Building Type
Unit
Land Size
1271m2
Local Government
Melbourne
Lot/Plan
401/PS827438

Last Listing description (October 2023)

With uninterrupted park front views that can never be built out, 17 Spring Street irrefutably occupies a position at the uppermost level of the select list of Melbourne's exclusive buildings. Encompassing a total footprint of 307 sqm (combined internal and external areas), residence 401 is beyond definition as an apartment. In design, appointment and sensory experience, this is a residence of international calibre. Providing a living scale and functionality reminiscent of a great landed home, the very best attributes of a luxury landed residence have been brought together to deliver this unique and grand park front escape.

Being offered to the market for the first time since the building's completion, this expansive three bedroom residence represents a significant holding in one of Melbourne's highest calibre buildings featuring:

- Two voluminous living spaces (or fourth bedroom, library or study) reflecting house-like proportions

- Expansive outdoor terrace with breathtaking views of the Treasury Gardens, Spring Street, East Melbourne and the MCG; with secondary terrace providing light flow and views to the surrounding city landscape
- Large entertainers kitchen with separate butler's pantry featuring natural stone and timber finishes and the highest calibre Gaggenau appliances
- Private master bedroom with sweeping park front views and walk in timber veneer cabinetry
- Two secure basement car spaces and storage lot
- Porte-cochere drop off and grand double height lobby with 24-hour concierge and resident's lounge
- 25-metre lap pool, gymnasium, private dining areas and landscaped garden terrace.

The Building
A boutique collection of just 73 exceptional quality residences across 33 levels, 17 Spring Street has set a new benchmark for premium residential apartment living in Melbourne. This visionary collaboration directed by Cbus Property and architecturally delivered by Bates Smart affords its residents access to the finest culture and lifestyle experiences that the city has to offer.

17 Spring Street boasts a residents only porte-cochere leading to the grand double height lobby with 24-hour concierge and grand residents lounge with fireplace. A 25-metre lap pool, gymnasium feature on level 2 whilst level 3 offer a series of private entertainment options including a private dining room with adjoining caterer's kitchen, wine room and additional residents' lounge extending to a landscaped garden terrace.

Property History for 401/17 Spring St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$4,653,500
07 Feb 2020
Listed for Rent
$4.00k/w
10 Jul 2023
  • 26 Sep 2023
    Listed for Sale Contact Agent
  • 13 Jun 2023
    Listed for Rent $4,000 / week
  • 07 Feb 2020
    Sold for $4,653,500
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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 64,234 properties. Over the last 5 years, Houses in Melbourne have seen a -6.38% decrease in median value, while Units have seen a -4.97% decrease. As at 31 March 2026:

  • The median value for Houses in Melbourne is $1,346,319 while the median value for Units is $439,159.
  • Houses have a median rent of $700 while Units have a median rent of $672.
There are currently 252 properties listed for sale, and 165 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2729 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.