41/51 Spring Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
OFF MARKET

41/51 Spring Street
Melbourne VIC 3000

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 181m2
Land area: 542m2
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Last updated 12 Jan 2026
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Property Details for 41/51 Spring St, Melbourne

41/51 Spring St, Melbourne is a 3 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1973. The property has a land size of 542m2 and floor size of 181m2. While the property is not currently for sale or for rent, it was last sold in December 2013.

Building Type
Unit
Year Built
1973
Floor Size
181m2
Land Size
542m2
Local Government
Melbourne
Lot/Plan
7/PS413424

Last Listing description (July 2014)

MAGNIFICENT BOUTIQUE CBD APARTMENT WITH A DELUXE BALCONY **BOOK AN INSPECTION - CLICK ON THE VIRTUAL TOUR OR EMAIL AGENT LINK**
ALL OFFERS WILL BE CONSIDERED DEFINED BY A GLORIOUS NORTH-EASTERLY OUTLOOK ENCOMPASSING THE OLD TREASURY BUILDING TO PICTURESQUE TREASURY GARDENS AND THE MCG BEYOND, THIS MAGNIFICENT BOUTIQUE CBD APARTMENT IS EXCLUSIVELY POSITIONED ON LEVEL FOUR OF A RENOWNED RESIDENTIAL BUILDING DESIGNED BY NONDA KATSALIDIS. ONE OF ONLY TWO ON THE FLOOR, IT HAS BEEN CRAFTED FOR LUXURY LIVING AND ENTERTAINING ACROSS A PALATIAL FLOORPLAN. EMBRACING EUROPEAN-INSPIRED DECOR, EXQUISITELY APPOINTED INTERIORS FLOW SEAMLESSLY TO A DELUXE COVERED BALCONY. ABUNDANTLY PRIVATE AND SECURE, IT PRESENTS A UNIQUE SLICE OF MELBOURNE. THE POLISHED LIMESTONE ENTRANCE LEADS INTO AN ENORMOUS LIVING AND FAMILY AREA WITH CUSTOM INTEGRATED SHELVING AND AN ELEGANT ELEVATED DINING AREA DRESSED IN POLISHED FLOORBOARDS, ALL FRAMED BY DECORATIVE CORNICES AND MIRRORED WALLS TO MAXIMISE THE SENSE OF SPACE. SET BY A WALL OF WINDOWS AFFORDING ABUNDANT NATURAL LIGHT, IT SWEEPS ONTO THE SUPERB FRONT BALCONY, COVERED FOR ALFRESCO ENTERTAINING AND CAPTURING THE STUNNING MEDITERRANEAN-LIKE VIEWS. SCHEMED IN GRANITE BENCHTOPS, THE SLEEK NEARBY KITCHEN HAS PREMIUM STAINLESS STEEL GAS FIXTURES, PLENTIFUL TIMBER CABINETRY AND SOFT CLOSE DRAWERS. THE WELL-DEFINED LAYOUT INCORPORATES A HUGE MASTER SUITE, WHICH COULD BE RECONFIGURED INTO TWO BEDROOMS. IT HAS GENEROUS BUILT-IN ROBES, A DRESSING AREA AND A LAVISH ENSUITE WITH A CIRCULAR SPA BATH AND SEPARATE SHOWER. FURTHER ON IS THE SECOND DOUBLE BEDROOM WITH FULL HEIGHT BUILT-IN ROBES AND A LARGE ADJACENT STUDY, AS WELL AS A PLUSH FULL BATHROOM. FEATURES INCLUDE A POWDER ROOM, SEPARATE INTERNAL LAUNDRY WITH STORAGE, DUCTED REVERSE CYCLE AIR-CONDITIONING, HIGH CEILINGS WITH DOWNLIGHTS, WINE STORAGE, DOUBLE-GLAZED WINDOWS, DATA POINTS AND A SECURE BASEMENT CAR SPACE. BEYOND ITS REFURBISHED MARBLE FOYER, THE BUILDING ALSO PROVIDES VIDEO INTERCOM, KEYLESS ENTRY AND AN INTERNAL LIFT. BOOK AN INSPECTION: TO BOOK AN INSPECTION TIME FOR ANY OF OUR AVAILABLE RENTAL PROPERTIES, SIMPLY CLICK ON VIRTUAL TOUR LINK OR THE EMAIL AGENT LINK. BY REGISTERING FOR AN INSPECTION, YOU WILL BE INSTANTLY INFORMED OF ANY UPDATES, CHANGES OR CANCELLATIONS TO YOUR APPOINTMENT.

Property History for 41/51 Spring St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$1,525,000
21 Dec 2013
Listed for Rent
$1.20k/w
16 Jul 2014
  • 20 May 2014
    Listed for Rent $1,200 / week
  • 21 Dec 2013
    Sold for $1,525,000
  • 15 Nov 2013
    Listed for Sale $1.7M
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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 64,286 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 359 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2728 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.