4802c/250 Spencer St, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
OFF MARKET

Spencer Street
Melbourne VIC 3000

Bedrooms: 2
Bathrooms: 2
Car spaces: -
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 12 Jan 2026
Low

High
Save

Property Details for 4802c/250 Spencer St, Melbourne

4802c/250 Spencer St, Melbourne is a 2 bedroom, 2 bathroom Unit.

Building Type
Unit
Local Government
Melbourne

Last Listing description (May 2023)

West Side Place and Melbourne's first Ritz Carlton Hotel, in Melbourne's CBD is raising the bar for residential living. Experience luxury on the 48th floor with this stunning single-story apartment. The sleek and stylish interior boasts laminate floorboards throughout, with elegant tiles in the bathrooms and plush carpeting in the bedrooms. Enjoy year-round comfort with refrigerated cooling and heating and relax and enjoy city vistas from full length floor to ceiling windows in the expansive living and dining zone.

Prepare delicious meals on the stone bench top in the modern kitchen complete with gas cooking, integrated dishwasher and fridge and the Euro laundry makes chores a breeze. The apartment features 2 spacious bedrooms, the main with BIR and ensuite, and the other bedroom also with BIR. With a central chic bathroom, this apartment is perfect for professionals, students or couples.

Safety is paramount with a sprinkler system, and a video intercom for guest entry, while the speaker alarms in bedrooms ensure you're always alerted in case of an emergency while it further boasts four residential towers, designed by award-winning Cottee Parker Architects, surrounded by the best entertainment, retail, and dining options.

Residents have access to a pool with a steam room and sauna, a gym with an open terrace, private cinema, karaoke, virtual golf, and private dining areas. The ground floor lobby boasts 3,000 square metres of retail space and basement car park facilities for visitors. In the heart of the CBD this will be hard to pass up!

*Please apply through realestate.com.au

*Register your interest to stay updated of open for inspection times

*Please note: We require photo I.D. for all open for inspections.

Property History for 4802c/250 Spencer St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Listed for Rent
$750/w
12 May 2023
  • 11 May 2023
    Listed for Rent $750 / week
Commute Calculator

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 64,288 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 355 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2741 properties were sold in the past 12 months in Melbourne.

Suburb Insights for Melbourne 3000

Market Insights
Melbourne Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Melbourne Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.