103/48-54 Wellington ParadeEast Melbourne VIC 3002
Property Details for 103/48-54 Wellington Pde, East Melbourne
103/48-54 Wellington Pde, East Melbourne is a 1 bedroom, 1 bathroom Unit and was built in 1939. The property has a land size of 768m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 1 bedroom Unit sold in East Melbourne in the last 12 months.
Last Listing description (May 2024)
A fantastic option to kick-start or add to your portfolio, this apartment within the renowned Quest East Melbourne is ideal for investors looking for a securely leased property with guaranteed returns, all within strolling distance to Melbourne's impressive array of inner-city attractions.
This spacious level one serviced apartment on Wellington Parade receives an impressive annual rental of approx. $21,327.36 per annum until August 2027, with four (4) further terms of five (5) years each. In addition, there are fixed 4% annual rental increases every 12 months.
TENANT PAYS:
OWNER PAYS:
Owners Corporation Maintenance Fee
Council Rates
Water Rates
Stylishly fitted out and fully furnished, it comes complete with built-in robes, reverse cycle heating/cooling and flat-screen TV. Guests can also make full use of the guest laundry facilities and roof top terrace, a welcome respite after a day out on the town. Walking distance to the hallowed turf of the MCG, the unbeatable position allows easy access not only to the football and cricket, but also to the Australian Open tennis, leafy East Melbourne Gardens, chic Euro-style cafes in the CBD Paris-end, world-class theatres and shopping, Richmond bars and restaurants, plus various modes of public transport.
Property History for 103/48-54 Wellington Pde, East Melbourne, VIC 3002
- 06 May 2024Sold for $216,500
- 17 Nov 2023Listed for Sale $220,000 - $240,000
- 31 Dec 2022Transferred
Commute Calculator
Recent sales nearby
See more recent sales nearby/assets/perm/hysuzpiaiai6vf5dmoe6k7dquq?signature=7288291e948dd423e0ee99c1cf5af2e7fa38350491df0665a6f44081afe08c77){kind=logo}
0/assets/perm/5swswjp7pqi6tgrkumaqgrpd2i?signature=2b0956fb7fafbc4ab3ec8e20c2f28e18e5ed56d4552747ab27cd78939516b973){kind=logo}
0
/assets/perm/srocptv6fii6nfyopnpyh3yx2q?signature=da8c17b27b5b4ce4fe408587f53bd137c76124f03a357dcb9c4cf46aaf1758e7){kind=logo}
0Similar properties For Sale nearby
See more properties for sale nearby
0
0
0
Similar properties For Rent nearby
See more properties for rent nearby
0
0
0About 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 5,745 properties. Over the last 5 years, Houses in East Melbourne have seen a -22.88% decrease in median value, while Units have seen a 6.61% increase. As at 28 February 2025:
- The median value for Houses in East Melbourne is $2,922,272 while the median value for Units is $756,153.
- Houses have a median rent of $950 while Units have a median rent of $633.
Suburb Insights for East Melbourne 3002
Market Insights
East Melbourne Trends for Houses
N/A
N/A
View TrendN/A
N/A
East Melbourne Trends for Units
N/A
N/A
View TrendN/A
N/A
Neighbourhood Insights
© Copyright 2025 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.
This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.
X
