157 Gipps St, East Melbourne is a 3 bedroom, 2 bathroom House and was built in 1866. The property has a land size of 171m2 and floor size of 162m2. While the property is not currently for sale or for rent, it was last sold in December 2014.
The alluring spaces of this elegant Victorian town residence flow effortlessly from one to the next, creating a series of distinct yet linked domains, each offering an air of inviting, user friendly refinement amidst a quiet streetscape close to Fitzroy Gardens, within walking distance of the city, Yarra Park and the MCG. Pressed metal ceilings and magnificent marble fireplace distinguish a superb sitting room which is complemented by sunny study with romantic French doors to the front garden, central living/dining with its own marble fireplace, downstairs powder room and a separate kitchen/informal meals area defined by granite bench tops, Bosch appliances and aspects over a secluded rear courtyard. Two upstairs bedrooms include main with rooftop retreat and en suite, Second bathroom and downstairs laundry complete irresistible spaces in an elite location. Easy on street parking, rear right-of-way creates scope for parking off street if so desired.
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 5,702 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:
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