705/31 Spring Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
OFF MARKET

705/31 Spring Street
Melbourne VIC 3000

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 71m2
Land area: 695m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 12 Jan 2026
Low

High
Save

Property Details for 705/31 Spring St, Melbourne

705/31 Spring St, Melbourne is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2000. The property has a land size of 695m2 and floor size of 71m2. While the property is not currently for sale or for rent, it was last transferred in March 2024.

Building Type
Unit
Year Built
2000
Floor Size
71m2
Land Size
695m2
Local Government
Melbourne
Lot/Plan
705/PS411586

Last Listing description (January 2020)

705/31 Spring Street, Melbourne Vic 3000

Price: $749,950


2 Bedroom 1 Bathroom 1 Car space


Floor area 82 sqm approx
Year built 2000


Situated in the privileged part of the CBD, this stunning two bedroom luxury residence in the beautiful Philly boasts a spectacular city view looking right down Flinders Lane, across the city skyline and Southbank.

This ultimate city apartment features two good size bedrooms with ample wardrobe capacity; a large open plan living and meals area complimented by a beautiful kitchen all fitted out with modern Euro appliances with plenty of a food prep area and a balcony which branches off towards the city lights.

Also comprises of a separate laundry, well-appointed central bathroom and a generous private balcony which is great for entertaining or just to relax with your favorite glass of wine in the evening after dinner.

A security car space is also included and the building is well taken care and maintained with an on-site building manager.
There is also a fantastic heated roof-top swimming pool with spectacular views as you would expect with a building of this remarkable calibre.

Walking across Spring to Treasury Gardens for those early morning walks or Flinders lane or around the corner, youll find little treasures like Sofitel, Gourmet Cafes til you drop, the very best restaurants in the country such as Florentinos, Chin-Chin and Teppanyaki Inn.

Theres also the convenience of blue chip Collins Street, all the theatres Melbourne has to offer, boutiques galore, Cinemas and the list goes on providing the best CBD lifestyle you can possibly find.

It truly is a unique real estate opportunity in the Paris End of the CBD that will suit either the owner occupier or the investor perfectly.

INSPECT AS ADVERTISED. CONTACT SUNNY LU FOR FURTHER DETAILS.


Contact Sunny on 0422 060 234 / 0434 183 780.

Property History for 705/31 Spring St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Transferred
23 Mar 2024
Listed for Rent
$560/w
08 Nov 2018
  • 23 Mar 2024
    Transferred
  • 29 Jan 2020
    Listed for Sale $749,950
  • 10 Oct 2019
    Sold for $770,000
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 64,288 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 247 properties listed for sale, and 355 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2740 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.