OFF MARKET

116/162 Albert Street
East Melbourne VIC 3002

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 60m2
Land area: 8353m2
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Property Details for 116/162 Albert St, East Melbourne

116/162 Albert St, East Melbourne is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2004. The property has a land size of 8353m2 and floor size of 60m2. While the property is not currently for sale or for rent, it was last sold in December 2014.

Building Type
Unit
Year Built
2004
Floor Size
60m2
Land Size
8353m2
Local Government
Melbourne
Lot/Plan
116V/PS501398

Last Listing description (May 2017)

(UNFURNISHED)
TRIBECCA - Located in leafy East Melbourne at the Tribecca complex presents this great value 2 bedroom apartment with modern kitchen, open plan living and dining leading to balcony. Great size bedrooms, beautiful central bathroom and Euro laundry. Additional features include, intercom, secure parking for 1 car, on site building manager and access to the complex's swimming pool and gym. Only a short walk to the CBD and with the tram on your doorstep, this fantastic development is bound to impress.

Property History for 116/162 Albert St, East Melbourne, VIC 3002

A timeline of how this property has performed in the market
Last Sold
$462,000
23 Dec 2014
Listed for Rent
$500/w
21 Feb 2020
  • 26 Apr 2017
    Listed for Rent - Price not available
  • 23 Dec 2014
    Sold for $462,000

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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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