OFF MARKET

11/12 Garden Avenue
East Melbourne VIC 3002

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 59m2
Land area: 260m2
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Property Details for 11/12 Garden Ave, East Melbourne

11/12 Garden Ave, East Melbourne is a 1 bedroom, 1 bathroom Unit and was built in 1990. The property has a land size of 260m2 and floor size of 59m2. While the property is not currently for sale or for rent, it was last sold in December 2019.

Building Type
Unit
Year Built
1990
Floor Size
59m2
Land Size
260m2
Local Government
Melbourne
Lot/Plan
1/PS642643

Last Listing description (April 2024)

*Please note- this is a 6-month lease, with the opportunity to extend.

Look no further than this beautifully renovated one-bedroom Art Deco unit in a secure building. Situated on the fringe of the CBD, it offers a perfect balance of urban living and tranquility.

Features include:

- Spacious studio layout
- Separate kitchen
- Washing machine included for added convenience
- Well-appointed bathroom with shower and bath
- Secure building for peace of mind
- Close proximity to trams, buses, and trains for easy commuting
- Opposite iconic landmarks such as the MCG, Hisense Arena, and Rod Laver Arena
- Just a leisurely 2km stroll to the Royal Botanical Gardens

Experience the best of city living with comfort and style. Don't miss out on this fantastic opportunity.

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Property History for 11/12 Garden Ave, East Melbourne, VIC 3002

A timeline of how this property has performed in the market
Last Sold
$3,660,000
06 Dec 2019
Listed for Rent
$380/w
09 Nov 2021
  • 19 Apr 2024
    Listed for Rent $420 / week
  • 06 Dec 2019
    Sold for $3,660,000
  • 26 Apr 2019
    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 5,703 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 38 properties listed for sale, and 23 properties listed for rent in East melbourne on OnTheHouse. According to CoreLogic's data, 223 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.