5005/138 Spencer Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
OFF MARKET

5005/138 Spencer Street
Melbourne VIC 3000

Bedrooms: 2
Bathrooms: 2
Car spaces: -
Floor area: 70m2
Land area: 1830m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 19 Jan 2026
Low

High
Save

Property Details for 5005/138 Spencer St, Melbourne

5005/138 Spencer St, Melbourne is a 2 bedroom, 2 bathroom Unit and was built in 2020. The property has a land size of 1830m2 and floor size of 70m2. While the property is not currently for sale or for rent, it was last sold in February 2023.

Building Type
Unit
Year Built
2020
Floor Size
70m2
Land Size
1830m2
Local Government
Melbourne
Lot/Plan
5005/PS739447

Last Listing description (July 2023)

BRAND NEW APARTMENT IN PREMIER TOWER

Premier Tower is situated at the corner of Bourke Street and Spencer Street, two of Melbourne's best-known streets, the heart of Melbourne's city lifestyle is at your feet. Experience local caf culture, fine dining and boutique shopping, with all public transport options right at your doorstep.

This apartment features floor-to-ceiling glass that delivers expansive views and ample lighting into every room of the apartment along with warm-colored timber floorboards that make the room extra cozy. Some other features modern spacious bathroom and kitchen with Miele appliances and elegant joinery. Apart from that, reverse cycle air conditioning is available in the living room and master bedroom.

Premier Tower includes amenities such as: - Cinema - Private Dining - Catering Kitchen - Gym - Outdoor Fitness Zone - Karaoke Room - Games & Golf - Library and Lounge - Pool, Sauna & Steam

- IMPORTANT* Whilst every care is taken in the preparation of the information contained in this marketing, Cedar Elm Property, will not be held liable for any error in typing or information. All information is considered correct at the time of advertising. Prior to applying for the property, please ensure any specific requirements have been discussed with your preferred service providers. Please book an inspection time or contact the agent if you would like to inspect this property. By registering for an inspection, you will be instantly informed of any updates, changes or cancellations for your appointment. Once you have inspected the property, you will be sent a link to apply online by our agency. Please contact Kevin at kevin@cedarelm.com.au for an inspection ASAP!

Property History for 5005/138 Spencer St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$896,540
22 Feb 2023
Listed for Rent
19 Jul 2023
  • 06 Jun 2023
    Listed for Rent - Price not available
  • 22 Feb 2023
    Sold for $896,540
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 64,286 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 239 properties listed for sale, and 368 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2732 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.