3206/220 Spencer Street Melbourne VIC 3000

1 / 1 / 1 / 34 m2

Here you can find what you need to know about 3206/220 Spencer Street , including how much it's approximately worth, a history of what it has previously sold for and even the estimated weekly rent. You can also view comparable house and unit for sale and sold prices, information about Melbourne, VIC and much more.

Property photo of 3206/220 Spencer Street Melbourne VIC 3000
Property photo of 3206/220 Spencer Street Melbourne VIC 3000
Property photo of 3206/220 Spencer Street Melbourne VIC 3000
Property photo of 3206/220 Spencer Street Melbourne VIC 3000
Property photo of 3206/220 Spencer Street Melbourne VIC 3000
Property photo of 3206/220 Spencer Street Melbourne VIC 3000
Property photo of 3206/220 Spencer Street Melbourne VIC 3000
Property photo of 3206/220 Spencer Street Melbourne VIC 3000
Property photo of 3206/220 Spencer Street Melbourne VIC 3000
Property photo of 3206/220 Spencer Street Melbourne VIC 3000
Property photo of 3206/220 Spencer Street Melbourne VIC 3000
Property photo of 3206/220 Spencer Street Melbourne VIC 3000
Property photo of 3206/220 Spencer Street Melbourne VIC 3000
Property photo of 3206/220 Spencer Street Melbourne VIC 3000
Property photo of 3206/220 Spencer Street Melbourne VIC 3000
Property photo of 3206/220 Spencer Street Melbourne VIC 3000
Property photo of 3206/220 Spencer Street Melbourne VIC 3000
Property photo of 3206/220 Spencer Street Melbourne VIC 3000
Property photo of 3206/220 Spencer Street Melbourne VIC 3000
Property photo of 3206/220 Spencer Street Melbourne VIC 3000
Property photo of 3206/220 Spencer Street Melbourne VIC 3000
Property photo of 3206/220 Spencer Street Melbourne VIC 3000
Property photo of 3206/220 Spencer Street Melbourne VIC 3000
Property photo of 3206/220 Spencer Street Melbourne VIC 3000
Property photo of 3206/220 Spencer Street Melbourne VIC 3000
Property photo of 3206/220 Spencer Street Melbourne VIC 3000
Property photo of 3206/220 Spencer Street Melbourne VIC 3000
Property photo of 3206/220 Spencer Street Melbourne VIC 3000
Property photo of 3206/220 Spencer Street Melbourne VIC 3000
Property photo of 3206/220 Spencer Street Melbourne VIC 3000
Property photo of 3206/220 Spencer Street Melbourne VIC 3000
Property photo of 3206/220 Spencer Street Melbourne VIC 3000
Property photo of 3206/220 Spencer Street Melbourne VIC 3000
Property photo of 3206/220 Spencer Street Melbourne VIC 3000
Property photo of 3206/220 Spencer Street Melbourne VIC 3000
Property photo of 3206/220 Spencer Street Melbourne VIC 3000
Property photo of 3206/220 Spencer Street Melbourne VIC 3000
Property photo of 3206/220 Spencer Street Melbourne VIC 3000
Property photo of 3206/220 Spencer Street Melbourne VIC 3000
Property photo of 3206/220 Spencer Street Melbourne VIC 3000
Property photo of 3206/220 Spencer Street Melbourne VIC 3000
Property photo of 3206/220 Spencer Street Melbourne VIC 3000
Property photo of 3206/220 Spencer Street Melbourne VIC 3000
Property photo of 3206/220 Spencer Street Melbourne VIC 3000
Property photo of 3206/220 Spencer Street Melbourne VIC 3000
Property photo of 3206/220 Spencer Street Melbourne VIC 3000

Property Insights

3206/220 Spencer Street Estimated Value

$325,000 - $350,000

About Estimated Values

An automated valuation model estimate (AVM Estimate) is a statistically derived estimate of the sale or rental value (as the context requires) of the subject property. An AVM Estimate is generated (i) by a computer driven mathematical model in reliance on available data; (ii) without the physical inspection of the subject property; (iii) without taking into account market conditions which may, together or separately, affect the value.

An AVM Estimate is current only at the date of publication or supply and must not be relied upon as a professional valuation or an accurate representation of the market sale or rental value of the subject property.

CoreLogic does not warrant the accuracy, currency or completeness of the AVM Estimate and to the full extent permitted by law, CoreLogic excludes all liability for any loss or damage howsoever arising in connection with an AVM Estimate.
Medium confidence estimate
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Last sold for $275,000 on 08/11/2017

Sale Type: Unknown

This calculation is an estimate of weekly mortgage repayments using the estimated property value and a 20% deposit over a 30 year term. The interest rate applied is the average of the big 4 bank's Standard Variable Rates. This tool is only a guide of what your weekly mortgage repayments might be and does not take into account your personal circumstances such as your borrowing power, the lender's home loan product features, the term of any mortgage and does not include all applicable fees and charges that might be applied if you purchase a property. Your actual weekly mortgage repayments may be different. Before acting on this calculation you should seek professional advice.
Estimated
Rent
High confidence
Gross
Cashflow
Unavailable
Estimated
Gross Yield
Medium confidence
Example Only
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Pros & Cons

Things to like
  • Above market cashflow potential
  • Cheaper than comparable properties
  • Low risk of losing value
Things to look out for
  • Slower growth than market average

Investment Strategy Scores

See how this property rates against different investment strategies. Learn more

Example Only
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How we calculate the property Cashflow Score

Each property is given a score out of 100 based on one factor relating to the specific property and one factor relating to the suburb in which the property is located in. Each factor has a specific weighting.

A higher score indicates the property has higher than average estimated gross yield and is located in a suburb with similarly high yielding properties.

This property National
Estimated
Gross Yield
Manly, NSW National
Median
Gross Yield

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the property Capital Growth Score

Each property is given a score out of 100 based on one factor relating to the specific property and three factors relating to the suburb in which the property is located in. Each factor has a specific weighting.

A higher score indicates the property has recently experienced significant capital growth and the short term outlook for further growth is likely to be good given strong market health indicators.

This property National
Change in Property
Value (1 yr)
Manly, NSW National
Change in Median
Price (1 yr)
Average Days
on Market
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the property Lower Risk Score

Each property is given a score out of 100 based on two factors relating to the specific property and three factors relating to the suburb in which the property is located in. Each factor has a specific weighting.

A higher score indicates the property has increased in value over a longer period so is less likely to only be due to recent market forces. It is also likely to command higher rent than average and therefore attract higher income tenants. Furthermore, it is likely to be easier to sell in the future due to strong market health indicators in the suburb it is located in.

This property National
Change in Property
Value (5 yr)
Estimated weekly
rent
Manly, NSW National
Average Days
on Market
Change in Median
Price (5 yr)
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.

About this Property

Details

Bedrooms 1
Bathrooms 1
Car Spaces 1
Land Size 34 m2
Floor Area 53 m2
House Type Unit: Standard
Council Area Melbourne
Year Built 2014
Zone Capital City Zone - Schedule 1
Lot/Plan 3206/PS633275 Melbourne VIC
Property Type Unit

Last listing description (September 2017)

Stylish and Affordable City Pad
It'll be difficult not to fall in love with this chic, bright, and relaxed studio apartment located on the 32nd floor of the Upper West Side complex. Graced with brilliant city views, you're never more than a short walk to local shops and Coles supermarket, Etihad Stadium, Flagstaff Gardens, Spencer Outlet Shopping, CBD attractions, trams, and Southern Cross Station.

Accommodation: Ideal for investors or city professionals who want a hassle free commute into work each morning, this sleek retreat features a light-filled central living with enough space for designated lounge and sleeping areas, stone kitchen with quality appliances, pristine central bathroom with a European laundry, and a convenient balcony which soaks in the marvellous views of the city below.

Features: Reverse cycle heating and cooling, video intercom, building concierge, state of the art facilities include gym, rock climbing wall, heated indoor pool, sauna, function room, and rooftop garden courtyards.

MEDIAN HOUSE OR UNIT PRICE FOR THE SUBURB: $337,500
INDICATIVE SELLING PRICE: $270,000-$275,000

COMPARABLE SALE 1: 1617/480 Collins Street, Melbourne. SOLD $270,000- 11/05/2017- 1 Bed, 1 Bath.
COMPARABLE SALE 2: 2808/380 William Street, Melbourne. SOLD $290,000- 17/03/2017- 1 bed, 1 Bath.
COMPARABLE SALE 3: 3206/350 William Street, Melbourne. SOLD $277,900- 18/02/2017- 1 bed, 1 Bath.

Property Timeline

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Suburb Insights

Melbourne, VIC 3000

No data available Part of: Melbourne Council

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Demographic data provided
by Australian Bureau of Statistics


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Here you can find everything you need to know about 3206/220 Spencer Street, including the property sale history and estimated market value as well as insights into Spencer Street and Melbourne 3206/220 Spencer Street Melbourne VIC 3000