5504/138 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 December 2019.
Located in Premier Tower, this 2-bedroom, 1-bathroom apartment is wrapped in floor-to-ceiling windows, offering magnificent views spanning from Port Phillip Bay to the city skyline. Situated at the corner of Bourke Street and Spencer Street, this innovative development is a vibrant hub for locals and visitors alike. With breathtaking views and a world of entertainment, this stunning city landmark serves as your launch pad to multicultural Melbourne.
Step inside to immerse yourself in modern living with high-end finishes and sleek hardwood floors. The open floor plan seamlessly blends the living, dining, and kitchen areas, creating an ideal space for entertaining. Both bedrooms are generously sized with plush carpeting and ample closet space. The bathrooms feature high-end fixtures, sleek glass shower enclosures, and designer tiles. Enjoy the luxurious amenities of Melbourne's newest residential building, including a 24-hour concierge, secure lift access, a lap pool, steam room, gym, sauna, BBQ pods, games room, lounges, private dining facilities, cinema room, library, and garden.
Conveniently located in a bustling transport hub, you have easy access to train travel throughout Melbourne and beyond. Explore Australia's largest designer precinct nearby, filled with local and international fashion in various department stores and boutiques. Just a short stroll away, Bourke St Mall and the luxury brands on Collins St create a world-class shopping experience that highlights Melbourne's renowned retail culture.
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 64,289 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:
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