FOR SALE
For Sale $400,000 - $440,000

Albert Street
East Melbourne VIC 3002

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 55m2
Land area: 10m2
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Prime Melbourne Courtyard Gem

Whether you're a first-time buyer with a flair for style or an investor with a keen eye for prime real estate, this spacious one-bedroom apartment with a study ticks all the boxes. Located in one of Melbourne's most sought-after suburbs, this gem offers the perfect entry point to blue-chip living.
Step into an idyllic courtyard that's just begging for alfresco dinners or lazy Sunday mornings. This cleverly designed ground-floor apartment features a practical yet effortlessly flowing floor plan. The living and dining areas are bathed in natural light, complemented by a modern kitchen equipped with top of the range appliances, a dishwasher, a wall oven, and a gas cooktop-perfect for the home chef.
The generously sized bedroom comes with a fabulous walk-in robe, and the separate study area offers the ideal space for work or hobbies. The spacious bathroom, complete with a concealed laundry, adds to the apartment's smart design.
Perched on the historic site of the former Victoria Brewery, residents here enjoy exclusive access to a rooftop pool, gym, and terrace. Plus, the convenience of an on-site IGA supermarket, cafes, and shops makes everyday living a breeze. With the lovely Fitzroy Gardens and transport options right at your doorstep, Melbourne's iconic attractions are just a short stroll away.
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Property Details for G04v/162 Albert St, East Melbourne

G04v/162 Albert St, East Melbourne is a 1 bedroom, 1 bathroom Apartment. The property has a land size of 10m2 and floor size of 55m2. The place is currently for sale with Ray White CRE.

Building Type
Apartment
Floor Size
55m2
Land Size
10m2

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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 5,705 properties. Over the last 5 years, Houses in East Melbourne have seen a -8.26% decrease in median value, while Units have seen a -10.90% decrease. As at 30 September 2024:

  • The median value for Houses in East Melbourne is $3,090,845 while the median value for Units is $737,459.
  • Houses have a median rent of $1,100 while Units have a median rent of $620.
There are currently 35 properties listed for sale, and 24 properties listed for rent in East melbourne on OnTheHouse. According to CoreLogic's data, 218 properties were sold in the past 12 months in East melbourne.

Suburb Insights for East Melbourne 3002

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Elli Blanco
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Alejandro Orellana
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Ray White CRE
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Disclaimer
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.