FOR SALE
$380,000

4/116-120 Albert Street
East Melbourne VIC 3002

Bedrooms: 1
Bathrooms: 1
Car spaces: -
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Cozy One-Bedroom Apartment in Prime East Melbourne Location

Perfectly positioned opposite expansive parklands and tennis courts, this cozy one-bedroom apartment offers exceptional convenience with easy access to the city, trams along Victoria Street, the hospital precinct, Fitzroy Gardens, and a range of local cafes and shops.
Set on the first floor of a boutique complex, this apartment is an ideal opportunity for first-home buyers or investors seeking to secure a property in the highly sought-after East Melbourne area.
The apartment features a secure intercom entry, an open-plan living space with air conditioning, and a well-appointed kitchen with a breakfast bench. The spacious double bedroom is complete with built-in robes, a ceiling fan, and an ensuite bathroom with a bath. A shared laundry facility services two apartments, and permit parking is available for added convenience.
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Property Details for 4/116-120 Albert St, East Melbourne

4/116-120 Albert St, East Melbourne is a 1 bedroom, 1 bathroom Apartment. The place is currently for sale with Dingle Partners - Melbourne.

Building Type
Apartment

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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 5,755 properties. Over the last 5 years, Houses in East Melbourne have seen a -18.72% decrease in median value, while Units have seen a 8.82% increase. As at 30 November 2024:

  • The median value for Houses in East Melbourne is $3,150,238 while the median value for Units is $802,764.
  • Houses have a median rent of $1,100 while Units have a median rent of $625.
There are currently 37 properties listed for sale, and 28 properties listed for rent in East melbourne on OnTheHouse. According to CoreLogic's data, 234 properties were sold in the past 12 months in East melbourne.

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Robert Eggers
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Dingle Partners - Melbourne
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