404/57 Spencer Street, Melbourne, VIC 3000 sold on 07 July 2026 | OnTheHouse
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Sold on 07 Jul 2026 for $850,000

404/57 Spencer Street
Melbourne VIC 3000

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
This property is currently on the market
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Property Details for 404/57 Spencer St, Melbourne

404/57 Spencer St, Melbourne is a 2 bedroom, 2 bathroom Unit with 1 parking spaces.This Property is currently listed for sale with Keystone Real Estate

Building Type
Unit
Local Government
Melbourne

Last Listing description (July 2026)

An exceptional opportunity to secure a residence within one of Melbourne's most iconic and historic landmark buildings, The Grand.

From the moment you step into the magnificent foyer, you are welcomed by the timeless elegance and grandeur of a bygone era. Rich in character and architectural significance, The Grand showcases stunning Italianate-style design inspired by 19th-century classical architecture.

This spacious mezzanine loft-style apartment offers approximately 104sqm of living space, highlighted by an impressive six-metre-high void and two oversized south-facing windows that flood the home with natural light.

The versatile floorplan features two generous bedrooms, ensuite, powder room, spacious study, dedicated laundry, secure undercover car space, and ample storage throughout.

Perfectly positioned directly opposite Southern Cross Station and within easy walking distance of Melbourne's premier attractions, including Crown Entertainment Complex, Melbourne Aquarium, DFO South Wharf, riverside dining precincts, and the city's renowned arts and cultural destinations, this address offers an unrivalled inner-city lifestyle.
Residents enjoy exclusive access to an impressive range of resort-style facilities, including a swimming pool, spa, sauna, fully equipped gymnasium, on-site restaurant, and bar.

Whether you're seeking a distinctive city residence, a stylish Melbourne base, or a unique investment opportunity, this remarkable apartment offers character, convenience, and a truly prestigious address.

Inspect today and experience one of Melbourne's grandest heritage buildings for yourself.

For further information or to arrange an inspection contact Richard on 0437 250 964.

Property History for 404/57 Spencer St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$850,000
07 Jul 2026
  • 07 Jul 2026
    Sold for $850,000
  • 15 Jun 2026
    Listed for Sale $850,000 to $920,000
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About Melbourne 3000

The size of Melbourne is approximately 2.7 square kilometres. There are 9 parks, covering nearly 2.5% of the 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 64,755 properties. Over the last 5 years, Houses in Melbourne have seen a -13.97% decrease in median value, while Units have seen a -2.46% decrease. As at 30 June 2026:

  • The median value for Houses in Melbourne is $1,470,997 while the median value for Units is $440,978.
  • Houses have a median rent of $710 while Units have a median rent of $680.
There are currently 302 properties listed for sale, and 229 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2583 properties were sold in the past 12 months in Melbourne.

Suburb Insights for Melbourne 3000

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Contact agent
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Mithra Ghazipour
Show contact details
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Richard Mindraoui
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Keystone Real Estate
Preferred contact:
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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.