SOLD
Sold on 23 Apr 2024 for $3,850,000

1202/1-9 Powlett Street
East Melbourne VIC 3002

Bedrooms: 3
Bathrooms: 2
Car spaces: 3
Floor area: 199m2
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Property Details for 1202/1-9 Powlett St, East Melbourne

1202/1-9 Powlett St, East Melbourne is a 3 bedroom, 2 bathroom Unit with 3 parking spaces and was built in 2001. The property has a floor size of 199m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 3 bedroom Unit sold in East Melbourne in the last 12 months.

Building Type
Unit
Year Built
2001
Floor Size
199m2
Local Government
Melbourne
Lot/Plan
1202/PS431073

Last Listing description (April 2024)

Expressions of Interest CLOSED

An address that single-handedly set a benchmark for inner city luxury, One Powlett reflects not only the architectural flair with which Nonda Katsalidis created a stunning building, but also his determination to deliver spaces that would remain desirable far into the future. That he succeeded is abundantly apparent!

This spectacular apartment illustrates the point by providing a sequence of unforgettable dimensions matched by equally memorable visual accompaniments. Sights of the city skyline, the MCG lights at night and a huge sweep of Melbourne's streetscape offer a sublime backdrop for fabulous living, dining and entertaining.

A kitchen with gleaming stone benches and European appliances caters with accomplished efficiency, further enhancing an apartment where a separate study provides a work-from-home zone.
Three superb bedrooms, including a main bedroom with a walk-in robe and sublime marble spa ensuite, contribute irresistible accommodation, matched by the beauty of a second marble bathroom. Stunning MCG aspects accompany all three bedrooms, adding further allure while the presence of a powder room and a massive separate laundry reflects a considered design approach.

Heating/cooling, allocated storage and secure garaging for three cars lead a long list of attractions in an address where residents' facilities include a gym, sauna and on-site building manager. Walk to work, wander down to the game, stroll through parkland and shop in Richmond or the Paris end CBD - that is, if you ever feel like leaving!

Property History for 1202/1-9 Powlett St, East Melbourne, VIC 3002

A timeline of how this property has performed in the market
Last Sold
$3,850,000
23 Apr 2024
Listed for Rent
$1.20k/w
24 Feb 2021
  • 23 Apr 2024
    Sold for $3,850,000
  • 21 Mar 2024
    Listed for Sale UNDER OFFER
  • 11 Aug 2022
    Transferred
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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 5,699 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 42 properties listed for sale, and 25 properties listed for rent in East melbourne on OnTheHouse. According to CoreLogic's data, 229 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.