OFF MARKET

1/16 Jolimont Terrace
East Melbourne VIC 3002

Bedrooms: 2
Bathrooms: 2
Car spaces: -
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Last updated 11 Nov 2024
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Property Details for 1/16 Jolimont Tce, East Melbourne

1/16 Jolimont Tce, East Melbourne is a 2 bedroom, 2 bathroom Unit.

Building Type
Unit
Local Government
Melbourne

Last Listing description (December 2022)

**ARRANGE AN INSPECTION TIME ONLINE - DETAILS BELOW**

Perfectly positioned in this highly sought after locale opposite Yarra Park and the MCG is this fabulous spacious and secure home taking up the entire ground floor of a truly spectacular Edwardian Terrace. With only a short stroll to Melbourne CBD with Bridge Road shops and public transport options all close by, this home is without a doubt ensconced in one of Melbourne's finest locations.


High ceilings distinguish the imposing arched hallway and two elegant and open living and dining rooms with an ornamental fireplace. Large sash windows fill the rooms with natural light and provide a view past the private front porch onto the gorgeous greenery that is the Yarra Park. From there, the living areas flow into a well equipped kitchen featuring a high end gas cooktop and electric oven, an abundance of cupboard space and plentiful stone benchtops. Continuing past the kitchen leads to a hallway containing the neatly hidden yet surprisingly large laundry cupboard and access to a private central courtyard, perfect for Summer BBQs and entertaining. At the rear of the property are the two bedrooms, both of impressive proportions with equally impressive high ceilings. Equipped with ceiling fans, built-in robes, and lush carpeted floors. The two modern bathrooms are also located towards the back half of the home, with one being an ensuite and the other the central bathroom with a shower over bath (with convenient direct access to the other bedroom). A bonus sizeable wine cellar can be accessed via one of the bedrooms.

In addition, hydronic heating throughout, security alarm system, tandem car parking in a shared secure garage for two cars, and a large storage room off the garage round off this attractive offering.

Property History for 1/16 Jolimont Tce, East Melbourne, VIC 3002

A timeline of how this property has performed in the market
Listed for Rent
$1.20k/w
29 Nov 2022
  • 07 Nov 2022
    Listed for Rent $1,200 / week
  • 04 Dec 2021
    Listed for Rent $1,100 / week

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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 5,702 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, 225 properties were sold in the past 12 months in East melbourne.

Suburb Insights for East Melbourne 3002

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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.