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Images and floorplans are provided for illustrative purposes and remain the property of their respective copyright owners.

Location
Market Insights for Melbourne VIC 3000
New Listings (last 30 days)
92
Average price
$722,853
Lowest price
$170,000
Highest price
$8,000,000
Other properties in this postcode

1806/31 Spring Street, Melbourne VIC 3000

$400,000 – $430,000

Listed: 2 days ago
Updated: 23 hours ago
Overview

Located on level 18 of the Philadelphia Tower, this one-bedroom apartment offers a highly desirable blue chip address directly opposite Treasury Gardens. It boasts a captivating westerly city aspect, providing ample natural light through floor-to-ceiling picture windows that connect to a balcony with pleasing views.

The apartment's layout maximizes a sense of spaciousness with a timber floor entry flowing seamlessly through an efficiently designed kitchen and meals area into the living space. Storage is enhanced by mirrored built-in robes along a whole wall in the bedroom, complemented by a walk-in robe for additional capacity.

The bathroom stands out with stylish blue tiling, while conveniences such as ducted heating and cooling, gas cooking, and integrated laundry appliances—including a dishwasher, refrigerator, and Euro style laundry—add significant functional value. Secure parking further enhances this inner-city offering.

Residents benefit from secure intercom access, an on-site building manager, and exclusive use of a rooftop pool, supporting a comfortable and engaging urban lifestyle. Its proximity to trams, the MCG, eateries, boutique shopping on Collins Street, and the theatres makes it attractive to singles or professionals seeking a sophisticated city base with excellent amenities and lifestyle options.

Local Market Insights

In Melbourne, Quiet Listings observed 92 new apartments entering the market over the last 30 days, up from 68 during the previous 30-day period, with an average advertised asking price of $722,853. The property type mix of listed properties is predominantly Apartments at 74%, followed by commercial properties (24%), and units (2%). The most active agency for apartments in the Melbourne area is currently Dingle Partners, representing 14% of new listings, followed by Melbournian Property Group with 12%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.