SOLD
Sold on 16 Apr 2024 for $5,100,000

1502/279 Wellington Parade S
East Melbourne VIC 3002

Bedrooms: 3
Bathrooms: 3
Car spaces: 4
Floor area: 127m2
Sold By
Marshall White Port Phillip
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Property Details for 1502/279 Wellington Pde S, East Melbourne

1502/279 Wellington Pde S, East Melbourne is a 3 bedroom, 3 bathroom Unit with 4 parking spaces and was built in 2009. The property has a floor size of 127m2. 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
2009
Floor Size
127m2
Local Government
Melbourne
Lot/Plan
S3/PS548192

Last Listing description (April 2024)

The epitome of exclusivity and sophistication, this modern architectural masterpiece within the world-class 'One East Melbourne' development designed by Italian Architect Claudio Silvestre is poised to redefine your concept of luxury. Owning unparalleled panoramic views over Melbourne's iconic landmarks and an expansive interior of meticulously crafted living space, this sub-penthouse presents an opulent city base embraced by sweeping vistas, spanning Fitzroy Gardens and St Patrick's Cathedral to the north, the city centre and Arts Precinct to the west, and the Royal Botanical Gardens, Rod Laver Arena, and the MCG to the south.

Direct lift access into a private foyer sets the tone for elegance, flowing through to a generous home office/fourth bedroom bathed in northern light and basking in outlooks over Fitzroy Gardens and Spring Street. An expansive open-plan living and dining room boasts bespoke joinery and a sublime gourmet kitchen with stone benchtops, integrated Miele cooking appliance. Backdropped by city panoramas, including striking sunsets over Port Phillip Bay, it's the ultimate setting for indoor-outdoor entertaining, with a sublime northern terrace.

The three bedrooms are orientated to capture the commanding outlooks, including the decadent main suite with a private winter garden terrace, a designer twin ensuite, and a fitted walk-in robe. A glossy central bathroom, laundry, and abundant storage cater to every need. Additional features include a security intercom, zoned RC/air-conditioning, secure parking for Four cars, and a private secure storeroom. Residents of “One East Melbourne” also reap the benefits of a heated indoor pool, steam room, gymnasium and building manager. Positioned in the desirable West Wing and one of only two on the 15th floor, this extraordinary residence is what Melbourne living is all about. Set within easy walking distance of the CBD, Arts Precinct, theatres, restaurants, designer boutiques, iconic sporting grounds and hectares of riverside parks.

Property History for 1502/279 Wellington Pde S, East Melbourne, VIC 3002

A timeline of how this property has performed in the market
Last Sold
$5,100,000
16 Apr 2024
  • 16 Apr 2024
    Sold for $5,100,000
  • 20 Mar 2024
    Listed for Sale Under Contract
  • 22 Sep 2021
    Listed for Sale Private Sale - $5,500,000
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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 5,753 properties. Over the last 5 years, Houses in East Melbourne have seen a -18.72% decrease in median value, while Units have seen a 8.82% increase. As at 30 November 2024:

  • The median value for Houses in East Melbourne is $3,150,238 while the median value for Units is $802,764.
  • Houses have a median rent of $1,100 while Units have a median rent of $625.
There are currently 35 properties listed for sale, and 22 properties listed for rent in East melbourne on OnTheHouse. According to CoreLogic's data, 232 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.