501/429 Spencer StreetMelbourne VIC 3000
Property Details for 501/429 Spencer St, Melbourne
501/429 Spencer St, Melbourne is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2009.
Last Listing description (September 2017)
SATURATED IN NATURAL LIGHT THROUGH ENCOMPASSING FLOOR-TO-CEILING DOUBLE GLAZING FROM A CORNER POSITION, THE VAST OPEN PLAN LIVING/DINING ZONE SPREAD OVER TWO LEVELS IN THE MAGNIFICENT DUO COMPLEX. THIS COSY APARTMENT IS THE ULTIMATE SETTING FOR LARGE GATHERINGS TO SAVOUR THE MAGNIFICENT OUTLOOKS IN A QUIET AND RELAXING AMBIANCE FROM THE LARGE TERRACE FOR OUTDOOR ENJOYMENT.PROMOTING A LOW-MAINTENANCE LIFESTYLE, INCORPORATING A GENEROUSLY SIZED BEDROOM WITH BUILT-IN ROBES, INCLUDING A MASTER SUITE WITH SPARKLING ENSUITE & EURO LAUNDRY. EXQUISITELY PRESENTED WITH ASSURED COMFORT AND SECURITY, PROVIDING EXCEPTIONAL STORAGE THROUGHOUT, SPLIT SYSTEM AIR-CONDITIONING, VIDEO INTERCOM ENTRY, AND SECURE BUILDING SWIPE ENTRY.THE LARGE TERRACE IS A RARE IN THE APARTMENT MARKET TODAY.MAKING A FINE FIRST HOME, INNER-CITY BASE OR INVESTMENT, THE SPOTLESSLY PRESENTED APARTMENT ALSO OFFERS GREAT CONNIVANCE AS IT IS LOCATED CLOSE TO FLAGSTAFF GARDENS, QUEEN VICTORIA MARKET, LOCAL SUPERMARKET, TRAMS, AND SOUTHERN CROSS STATION.
Property History for 501/429 Spencer St, Melbourne, VIC 3000
- 26 Sep 2017Listed for Sale $385,000 - $420,000
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0About 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 64,247 properties. Over the last 5 years, Houses in Melbourne have seen a 33.17% increase in median value, while Units have seen a -4.37% decrease. As at 28 February 2026:
- The median value for Houses in Melbourne is $1,808,781 while the median value for Units is $436,528.
- Houses have a median rent of $650 while Units have a median rent of $675.
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