FOR SALE
For Sale $1,225,000

106/1 Powlett Street
East Melbourne VIC 3002

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 87m2
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Perfection on Powlett

Located within East Melbourne's sought-after Nonda Katsalidis-designed 'One Powlett' this soundly-built, quiet apartment offers relaxed, maintenance-free living at its best.
Quality and generous proportions are evident throughout the residence. The main bedroom boasts a stunning walk-in wardrobe with a generous ensuite, while the second bedroom features a built-in mirrored wardrobe and wonderful views of the MCG. Both bathrooms are of the highest quality, with marble finishes, walk-in showers and the ensuite fitted with a sumptuous bath.
The apartment boasts a modern, spacious interior, meticulously designed to maximize comfort and style. The open-plan living area is flooded with natural light, creating a warm and inviting atmosphere. The gourmet kitchen features high-end appliances and ample storage space, perfect for those who love to cook and entertain.
Other thoughtfully designed features include abundant storage and a large separate laundry. Heating and cooling, video security, on-title and secure car parking, further enhance the value of this apartment, while the complex boasts a well-equipped residents' gym and onsite building manager.
This is a fantastic apartment and location to live in, just footsteps from local shops, cafes and amenities of the East Melbourne village. Train and tram are on the doorstep or it's an easy stroll to the CBD, MCG, lush parklands and the vibrant Richmond precinct.
An opportunity not to be missed and rarely repeated, One Powlett Street truly encapsulates the epitome of balance between East Melbourne and city living.
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Property Details for 106/1 Powlett St, East Melbourne

106/1 Powlett St, East Melbourne is a 2 bedroom, 2 bathroom Apartment with 1 parking spaces. The property has a floor size of 87m2. The place is currently for sale with Ray White CRE.

Building Type
Apartment
Floor Size
87m2

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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.

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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Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.