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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)
88
Average price
$612,708
Lowest price
$170,000
Highest price
$2,651,674
Other properties in this postcode

1001/280 Spencer Street, Melbourne VIC 3000

$275,000 - $299,000

Apartment 1 Bed 1 Bath 50 m²
Listed: 2 days ago
Overview

Situated in the heart of Melbourne’s CBD, this 50 square meter apartment offers a bright, contemporary living environment enhanced by excellent natural light. The west-facing balcony affords residents the unique opportunity to enjoy sweeping city views and sparkling evening lights, while the floor-to-ceiling windows enhance the generous feel of the space.

Designed with comfort and convenience in mind, the accommodation includes a well-appointed kitchen featuring gas cooking and a dishwasher, complemented by ample cupboard space. The bathroom benefits from quality fixtures and floor-to-ceiling tiles, integrating laundry facilities to maximize practicality. Year-round comfort is assured through the split-system air conditioning.

This apartment is a compelling option for owner-occupiers seeking a convenient city lifestyle or investors attracted by a potential gross rental return exceeding 10%. The generous bedroom is fitted with built-in robes, providing efficient storage without compromising living space.

Residents also enjoy access to premium communal facilities such as a rooftop swimming pool with stunning views and a modern gym, enhancing lifestyle offerings beyond the apartment itself. The location is unbeatable, positioned within the Free Tram Zone and directly opposite Southern Cross Station, providing seamless commuting options and connectivity.

The surrounding area enriches urban living with immediate access to supermarkets including Woolworths and Coles, numerous popular cafés, restaurants, and bars, as well as significant entertainment venues like Marvel Stadium and Crown Entertainment Complex. Cultural and recreational amenities such as SEA LIFE Melbourne Aquarium and the Melbourne Convention and Exhibition Centre are also conveniently close.

This property balances modern amenities, lifestyle appeal and a prime city location, making it suitable for professionals, investors, or anyone seeking a manageable urban residence with excellent access to central Melbourne’s attractions and conveniences.

Local Market Insights

In Melbourne, Quiet Listings observed 88 new apartments entering the market over the last 30 days, up from 70 during the previous 30-day period, with an average advertised asking price of $612,708. The property type mix of listed properties is predominantly Apartments at 67%, followed by commercial properties (30%), and units (3%). The most active agency for apartments in the Melbourne area is currently Dingle Partners, representing 15% of new listings, followed by Melbournian Property Group with 13%. 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.