Melbourne · 3000

17 Spring

Every sale since completion. Updated quarterly.

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The premise

17 Spring, not your
average building.

17 Spring Street, Melbourne

There are perhaps a dozen addresses in Melbourne that are genuinely finite. This is one of them.

Nothing in the published data reflects that. Every portal estimate, suburb median and market report folds this building in with tens of thousands of apartments it has nothing in common with, and returns a number shaped almost entirely by them.

Until now.

We have manually backfilled every recorded sale in the building and published all of it. Median prices by configuration, rate per square metre, and the full year by year record. Updated quarterly as new sales settle.

17 Spring should be measured against itself, not against the postcode.

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Sales on record
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History backfilled from
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Median, recent sales
Quarterly
Data refresh
Performance

How 17 Spring
has moved.

Median values by year of sale. Thin years carry fewer transactions, so read the direction of travel rather than any single point.

17 Spring sold off the plan from 2019 and settled in 2023. This page begins at completion. The developer’s own sales are left out, both the off the plan contracts and the settlements that followed, because launch pricing tells you what the building cost to buy new rather than what it is worth now. Those prices are still used as the comparison in the sales table below, so an apartment bought new and sold since still shows what its owner made.

Median price by year
Median rate per m² by year
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Median sale price
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Median rate per m²
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Median gain on previous purchase
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Median growth per year
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Sales recorded

Configuration

By bedroom
count.

A building median flattens the difference between a one bedroom and a three bedroom. These are the medians that actually apply to your apartment.

Every figure below is the median of that configuration’s sales over the last 24 months. Twelve months would leave several of these built on one or two transactions. Where a configuration has not sold in that window, its most recent sale stands in. The individual sales, and how many there were, are in the tables further down.

Year by year

The full
record.

Every year we hold data for at 17 Spring, most recent first. Where a year shows a dash, nothing of that configuration sold that year.

The current year is marked “to” whichever month the record runs to, because it is still in progress. The record starts at completion in 2023. Sales from the off the plan campaign that ran from 2019 are excluded, along with the developer’s own settlements in 2023, so what you are reading is the established market rather than the developer’s price list.

Median sale price and rate per square metre by year, with a column for each configuration.
Year Sales Median price Rate per m²
Evidence

Latest
sales.

The ten most recent transactions on record, each shown against what the same apartment last sold for. Filter by configuration to compare like with like. Verified against Pricefinder and refreshed quarterly.

The ten most recent sales, each against the price the same apartment previously sold for.
Apartment Configuration Sale price Rate per m² Date sold Previously Change
Appraisals

What is
yours worth?

0402 670 441

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