FOR SALE
Private Sale $525,000

607v/162 Albert Street
East Melbourne VIC 3002

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Enviable East Melbourne Living

Nestled within Melbourne's most coveted inner-city enclave, within the historic Victoria Brewery, this residence beckons with promise.
The seller, motivated and seeking a quick sale, presents an opportunity for those with a vision. Whether you're ready to raise a mortgage or prepared to reimagine the outcome, this property offers a blank canvas awaiting your personal touch.
Consider the possibilities and let your creativity guide you to transform this space into your ideal haven, tailored to your unique tastes and preferences.
Step inside to discover a modern kitchen, complete with a refrigerator, seamlessly flowing into a living area that opens to a private balcony. One bedroom offers comfort and privacy, with a large study area, while a strategically placed Euro laundry enhances the convenience of the central bathroom.
Access to amenities such as a rooftop pool, gym, and secure basement carpark adds allure, elevating the potential of this property.
Conveniently situated near Fitzroy Gardens, the Melbourne Cricket Ground, and the vibrant Gertrude and Smith Street hubs, with the CBD within reach – seize this opportunity to craft your own masterpiece in Melbourne's thriving heart.
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Property Details for 607v/162 Albert St, East Melbourne

607v/162 Albert St, East Melbourne is a 2 bedroom, 1 bathroom Apartment with 1 parking spaces. The place is currently for sale with Caine Real Estate.

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 5,742 properties. Over the last 5 years, Houses in East Melbourne have seen a 10.08% increase in median value, while Units have seen a -12.96% decrease. As at 31 July 2024:

  • The median value for Houses in East Melbourne is $3,150,999 while the median value for Units is $757,779.
  • Houses have a median rent of $1,100 while Units have a median rent of $600.
There are currently 38 properties listed for sale, and 21 properties listed for rent in East melbourne on OnTheHouse. According to CoreLogic's data, 230 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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Elli Blanco
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May Wang
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Caine Real Estate
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