63 Spencer Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
OFF MARKET

63 Spencer Street
Melbourne VIC 3000

Bedrooms: 1
Bathrooms: 1
Car spaces: -
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Last updated 19 Jan 2026
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Property Details for 63 Spencer St, Melbourne

63 Spencer St, Melbourne is a 1 bedroom, 1 bathroom Unit.

Building Type
Unit
Local Government
Melbourne

Last Listing description (December 2020)

GOLDEN OPPORTUNITY FOR OWNER OCCUPIER/FIRST HOME BUYER OR INVESTOR (CURRENTLY RETURNING $350PW)

Here is your chance to secure an exclusive apartment and live amidst grandeur and sophistication of Melbourne's iconic Architectural masterpiece Grand Central. Sashay down the majestic stair case, float about in the luxurious heated pool, spa, sauna and gym and saunter about in the palatial gardens.

This centrally located and truly dominating piece of Melbourne's history will give its new owner the joy of owning

a truly magnificent one bedroom open plan top floor apartment that will even please the most discerning buyer.
Ideally situated to everything Melbourne City has to offer, you are only minutes from cafe's, Southern Cross Station and shopping, Docklands, Crown Entertainment complex and Casino

Enjoy the grand life with this practical oversized open floor plan comprising
living/dining area boasting soaring floor to ceiling windows opening onto private balcony with breath taking views of Melbourne's striking skyline,
large separate kitchen, lavish fully tiled bathroom with separate shower, mirrored built in robes and reverse cycle heating/ cooling and security entry.

This apartment is available to both owner occupiers and investors.

Property History for 63 Spencer St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Listed for Rent
$330/w
19 Aug 2020
  • 06 Dec 2020
    Listed for Rent $330 / week
  • 02 Dec 2020
    Listed for Sale Not Disclosed
  • 25 Jun 2020
    Listed for Rent $330 / week
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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 64,287 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 238 properties listed for sale, and 370 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

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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.