SOLD
RECENT ADVICE
Sold on 02 May 2024 for $503,000

16/187 George Street
East Melbourne VIC 3002

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
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Property Details for 16/187 George St, East Melbourne

16/187 George St, East Melbourne is a 1 bedroom, 1 bathroom Apartment with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 1 bedroom Apartment sold in East Melbourne in the last 12 months.

Building Type
Apartment
Local Government
Melbourne
Lot/Plan
8/RP7346

Last Listing description (May 2024)

***Bids Closing Saturday 11th May @ 5pm (AEST) - Unless Sold Prior***

Conveniently situated mere moments from charming cafes, the picturesque Fitzroy Gardens, iconic sporting venues such as the MCG and Rod Laver Arena, as well as the vibrant Bridge Road precinct, this one-bedroom gem presents an unmissable opportunity for those seeking a cosmopolitan lifestyle within easy reach of the CBD.

Nestled in a serene, tree-lined location, this first-floor apartment offers a secluded haven of tranquility and security. Boasting a generously proportioned living space, kitchen / meals with ample cupboard space and electric cooking facilities, a sunny double bedroom adorned with walk-in robe, and a neat bright bathroom with a shower over a bath. Features include off-street parking for one vehicle and split system heating / cooling for optimal comfort throughout the year.

Inspection By Appointment - Enquire Today!

***Bids Closing Saturday 11th May @ 5pm (AEST) - Unless Sold Prior***

Disclaimer:
MESSAGE TO BUYERS –

ALL properties are advertised at GENUINE PRICES. Please understand that there is often more than one buyer interested in the same property. When that happens, all buyers will be given EQUAL OPPORTUNITY TO MAKE THEIR BEST OFFERS, VIA A SEALED BID.

Property History for 16/187 George St, East Melbourne, VIC 3002

A timeline of how this property has performed in the market
Last Sold
$503,000
02 May 2024
Listed for Rent
$340/w
13 Oct 2021
  • 27 Apr 2024
    Sold for $503,000
  • 11 Apr 2024
    Listed for Sale $465,000 - $495,000
  • 02 Jul 2021
    Listed for Rent $340 / week
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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, 229 properties were sold in the past 12 months in East melbourne.

Suburb Insights for East Melbourne 3002

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Andy Mobilia
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Daniel Veronese
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Lewis Realty Pty Ltd - COBURG
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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.