4307/220 Spencer StreetMelbourne VIC 3000
Property Details for 4307/220 Spencer St, Melbourne
4307/220 Spencer St, Melbourne is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2013. The property has a land size of 8666m2 and floor size of 27m2. While the property is not currently for sale or for rent, it was last sold in March 2025.
Last Listing description (April 2025)
An exceptional investment opportunity awaits at 4307/220 Spencer St, Melbourne VIC 3000. Located in the heart of the CBD, this high-floor studio apartment in the sought-after Upper West Side complex offers strong rental demand and impressive returns.
Prime Location: Steps from Southern Cross Station, free trams, shopping, and dining.
Steady Rental Yield: Currently leased with great rental income potential.
With Melbourne's rental market booming, this is a turnkey investment offering excellent capital growth potential. Don't miss out! Contact us today for more details.
Property History for 4307/220 Spencer St, Melbourne, VIC 3000
- 21 Mar 2025Sold for $258,000
- 04 Mar 2025Listed for Sale Not Disclosed
- 02 Sep 2024Listed for Rent $450 / week
Recent sales nearby
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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 64,269 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.
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