OFF MARKET

1/29 Albert Street
East Melbourne VIC 3002

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 55m2
Land area: 466m2
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Property Details for 1/29 Albert St, East Melbourne

1/29 Albert St, East Melbourne is a 1 bedroom, 1 bathroom Unit and was built in 1930. The property has a land size of 466m2 and floor size of 55m2. While the property is not currently for sale or for rent, it was last sold in March 2020.

Building Type
Unit
Year Built
1930
Floor Size
55m2
Land Size
466m2
Local Government
Melbourne
Lot/Plan
1/SP22231

Last Listing description (March 2020)

A ground-floor one bedroom on strata title, Apartment 1 is situated within this charming Art Deco block of only eight apartments. Its the perfect starter home for first time buyers or equally as good as an outstanding investment opportunity.

Full of natural light with a North West aspect it includes a newly renovated kitchen, with top of the range appliances, renovated bathroom, with shower over bath and heated towel rack, and a spacious bedroom with built in robes.


Additional features include:
Double brick, cool in summer and warm in winter
Double glazed European tilt and turn windows
Custom made honeycomb blinds
Fisher & Paykel washing machine included

Experience why this is Melbourne's most exclusive suburb as you stroll through the leafy streets and gardens to the CBD or the cafes and eateries of Richmond and Collingwood.

There is no need for a car as trams are easily accessible from Victoria Parade or trains from North Richmond Station as well as bike storage, with hanging racks.

Enjoy everything Melbourne has to offer from this serene and leafy enclave that is quintessential East Melbourne.

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Property History for 1/29 Albert St, East Melbourne, VIC 3002

A timeline of how this property has performed in the market
Last Sold
$545,000
05 Mar 2020
Listed for Rent
$450/w
03 May 2017
  • 05 Mar 2020
    Sold for $545,000
  • 07 Feb 2020
    Listed for Sale Under Offer
  • 27 Apr 2017
    Listed for Rent - Price not available
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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 5,748 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 39 properties listed for sale, and 24 properties listed for rent in East melbourne on OnTheHouse. According to CoreLogic's data, 235 properties were sold in the past 12 months in East melbourne.

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