701/280 Spencer Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
OFF MARKET

701/280 Spencer Street
Melbourne VIC 3000

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 36m2
Land area: 488m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 12 Jan 2026
Low

High
Save

Property Details for 701/280 Spencer St, Melbourne

701/280 Spencer St, Melbourne is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2005. The property has a land size of 488m2 and floor size of 36m2. While the property is not currently for sale or for rent, it was last sold in August 2022.

Building Type
Unit
Year Built
2005
Floor Size
36m2
Land Size
488m2
Local Government
Melbourne
Lot/Plan
701/PS441371

Last Listing description (May 2025)

Located within minutes walk to Southern Cross Station, this Spencer Street location is one of the most convenient locations within CBD. Public transport commuting for work, for study or for leisure, all within a block from the front door. It is also surrounded by multicultural markets, ranging from Asian groceries and a variety of restaurants, from Korean to Middle eastern, from south American to Italian, it offers a huge variety to satisfy all taste buds.

This apartment is also moments from Marvel Stadium, Flagstaff Gardens, Clubs and Bars for late night entertainments. Combined all factors above, this property is positioned to be a superb experience of the perfect City Life or a stable investment choice.

Facing Spencer Street, this spacious studio apartment on the 7th floor ticks all boxes of a cosy home. The bedroom area is connected to the balcony, providing ample natural lights during the day. The kitchen has quality appliances and plenty of cupboard spaces. The laundry and bathroom are tucked away in a long corridor, separating from the living area. Facilities include a gym and heated indoor pool on the top floor to enjoy city scenery.

Please note that floors have been newly laminated.

Disclaimer: furniture provided are based upon inspection.

Property History for 701/280 Spencer St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$225,000
02 Aug 2022
Listed for Rent
$320/w
21 Dec 2012
  • 29 Apr 2025
    Listed for Rent $500 / week
  • 02 Aug 2022
    Sold for $225,000
  • 01 Jun 2022
    Listed for Sale $235,000
Sign in to see more transactions
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 64,289 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:

  • 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 244 properties listed for sale, and 363 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2739 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.