5503/138 Spencer StreetMelbourne VIC 3000
Property Details for 5503/138 Spencer St, Melbourne
5503/138 Spencer St, Melbourne is a 2 bedroom, 1 bathroom Unit. The property has a land size of 1830m2. While the property is not currently for sale or for rent, it was last sold in August 2025. There are other 2 bedroom Unit sold in Melbourne in the last 12 months.
Last Listing description (November 2025)
Premier Tower, architecturally designed by Elenberg Fraser with beautifully "spiralling curves" inspired by the popular singer, Beyonce, is no doubt a stunning landmark in the CBD. With Southern Cross Station right on the opposite and tram stop just at your door step, Premier enjoys an enviable location with a variety of restaurants and shops close by, and University of Melbourne and RMIT University within easy reach.
Up high on the 55th floor, this Brand New 2-bed 1-bath apartment comprises open plan living and dining space, modern European kitchen with quality stainless steel appliances and stone benchtops, two double bedrooms both with mirrored BIRS and floor to ceiling windows, main with Ensuite and the second one serviced by a stylish fully-tiled central bathroom.
Residents have access to world-class amenities including an indoor-outdoor deck, residents' lounge, gym, fitness studio, spa, sauna, theatre and virtual golf.
**Photos are for advertising purposes only.**
**Bond is equivalent to one month's rent.**
Property History for 5503/138 Spencer St, Melbourne, VIC 3000
- 15 Sep 2025Listed for Rent $800 / week
- 19 Aug 2025Sold for $877,500
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 64,229 properties. Over the last 5 years, Houses in Melbourne have seen a -25.47% decrease in median value, while Units have seen a -3.96% decrease. As at 30 November 2025:
- The median value for Houses in Melbourne is $1,033,829 while the median value for Units is $440,645.
- Houses have a median rent of $635 while Units have a median rent of $660.
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