FOR SALE
For Sale $2,200,000 - $2,400,000

10 Garden Avenue
East Melbourne VIC 3002

Bedrooms: 13
Bathrooms: 9
Car spaces: 6
Land area: 304m2
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Prime Land Opportunity at 10 Garden Avenue, East Melbourne

Unlock the potential of your dream development with this exceptional piece of land at 10 Garden Avenue, East Melbourne. This 304 sqm parcel of land presents a unique opportunity to build in one of Melbourne's most prestigious and sought-after neighbourhoods.
Property Features:
- Land Size: Expansive 304 sqm
- Planning permit approval: Four-level apartment building with rooftop terrace and car park designed by Miceli Oldfield Sinton (MOS) Architects.
- Prime Location: Nestled in East Melbourne, a coveted area known for its charm, proximity to elite schools, parks, and convenient transport options.
- Development Potential: Ideal for a stylish new residence, a savvy investment, or a bespoke architectural project.
- Scenic Surroundings: Enjoy the tranquillity of a leafy neighbourhood with easy access to vibrant city life.
This is more than just a piece of land - it's a canvas for your future. Seize this rare opportunity to build in one of Melbourne's most desirable areas.
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Property Details for 10 Garden Ave, East Melbourne

10 Garden Ave, East Melbourne is a 13 bedroom, 9 bathroom Other with 6 parking spaces. The property has a land size of 304m2. The place is currently for sale with Ray White CRE.

Building Type
Other
Land Size
304m2

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About East Melbourne 3002

The size of East Melbourne is approximately 1.9 square kilometres. It has 10 parks covering nearly 46% of total area. The population of East Melbourne in 2011 was 4,714 people. By 2016 the population was 4,987 showing a population growth of 5.8% in the area during that time. The predominant age group in East Melbourne is 30-39 years. Households in East Melbourne are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in East Melbourne work in a professional occupation. In 2011, 42.8% of the homes in East Melbourne were owner-occupied compared with 43.6% in 2016.

East Melbourne has 5,703 properties. Over the last 5 years, Houses in East Melbourne have seen a -3.97% decrease in median value, while Units have seen a -14.90% decrease. As at 31 October 2024:

  • The median value for Houses in East Melbourne is $3,332,170 while the median value for Units is $724,506.
  • Houses have a median rent of $1,100 while Units have a median rent of $620.
There are currently 39 properties listed for sale, and 19 properties listed for rent in East melbourne on OnTheHouse. According to CoreLogic's data, 228 properties were sold in the past 12 months in East melbourne.

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Suburb Insights for East Melbourne 3002

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Toby Campbell
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Olivia Mete
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Ray White CRE
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