SOLD
Sold on 23 Mar 2024 for $535,000

12/27-31 Powlett Street
East Melbourne VIC 3002

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 56m2
Land area: 656m2
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Property Details for 12/27-31 Powlett St, East Melbourne

12/27-31 Powlett St, East Melbourne is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 656m2 and floor size of 56m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 2 bedroom Unit sold in East Melbourne in the last 12 months.

Building Type
Unit
Year Built
1970
Floor Size
56m2
Land Size
656m2
Local Government
Melbourne
Lot/Plan
12/RP276

Last Listing description (March 2024)

An exciting opportunity to procure an easy-care slice of a prized inner-city locale, this fabulous city-view apartment could just be the lock-up-and-go base youve been chasing. Positioned on the top floor of a classic-style boutique group of just 12 homes, whether you are an owner-occupier or investor, you should not look past this brilliantly located low maintenance home.

- Filled with abundant natural sunlight and warmth thanks to broad picture windows, the 1-bedroom apartment has been fitted with plush carpets and includes a spacious lounge/meals area with plenty of room for entertaining as well as relaxation.

- Also illuminated in sunshine is the bright kitchen which is equipped with gas cooking and boasts ample storage and preparation space.
- A huge walk-in wardrobe is a highlight of the bedroom, which itself is of generous proportions.
- There is room for a washing machine in the sparkling bathroom, which features a shower over the bath as well as mirrored face-height storage.
- An assigned parking space is an invaluable inclusion although with a location like this, you will rarely need the car.

Just minutes from the CBD for a quick and hassle-free commute, the apartment is within moments of the magnificent Fitzroy Gardens, Yarra Park and the MCG along with popular cafes, eateries and public transport.

Conditions of entry - IDENTIFICATION and contact number required, otherwise entry may be refused.

The information about this property has been supplied to us by the property owner, while we have no cause to doubt its accuracy, we provide no guarantee. We cannot attest to the functionality of any fixtures, fittings or inclusions to the property. Land and apartment dimensions and floor/site plans are supplied by third parties. Typing mistakes, omissions, transposing can occur, we provide to assist but make no representation. Buyers must carry out their own due diligence.

Property History for 12/27-31 Powlett St, East Melbourne, VIC 3002

A timeline of how this property has performed in the market
Last Sold
$535,000
23 Mar 2024
Listed for Rent
$380/w
01 Sep 2017
  • 23 Mar 2024
    Sold for $535,000
  • 29 Feb 2024
    Listed for Sale $450,000-$495,000
  • 18 Aug 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 5,703 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 39 properties listed for sale, and 19 properties listed for rent in East melbourne on OnTheHouse. According to CoreLogic's data, 231 properties were sold in the past 12 months in East melbourne.

Suburb Insights for East Melbourne 3002

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Biggin & Scott - Richmond
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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.