OFF MARKET

2/116-120 Albert Street
East Melbourne VIC 3002

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Land area: 606m2
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Property Details for 2/116-120 Albert St, East Melbourne

2/116-120 Albert St, East Melbourne is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1975. The property has a land size of 606m2. While the property is not currently for sale or for rent, it was last transferred in December 2020.

Building Type
Unit
Year Built
1975
Land Size
606m2
Local Government
Melbourne
Lot/Plan
2/SP36284

Last Listing description (July 2022)

This bright one bedroom ground floor apartment is set opposite the Powlett Reserve and tennis courts, only minutes away from the CBD, hospitals, trams, beautiful Fitzroy and Treasury Gardens, supermarket, cool shopping strips of Smith, Brunswick and Gertrude Streets and a short walk to the MCG. Offering smart living with electric heating, good sized kitchen, electric cooktop and oven, heaps of cupboard space, double bedroom with large BIR, ensuite bathroom including shower over bath, and lovely large easterly aspect paved rear court yard. Further complimented with one off street parking space, security intercom entrance and a communal laundry. You can leave the car at home !!

Property History for 2/116-120 Albert St, East Melbourne, VIC 3002

A timeline of how this property has performed in the market
Last Transferred
15 Dec 2020
Listed for Rent
$350/w
28 Jul 2022
  • 18 Jul 2022
    Listed for Rent $350 / week
  • 15 Dec 2020
    Transferred
  • 02 Oct 2017
    Listed for Rent $320 / 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 5,742 properties. Over the last 5 years, Houses in East Melbourne have seen a 10.08% increase in median value, while Units have seen a -12.96% decrease. As at 31 July 2024:

  • The median value for Houses in East Melbourne is $3,150,999 while the median value for Units is $757,779.
  • Houses have a median rent of $1,100 while Units have a median rent of $600.
There are currently 38 properties listed for sale, and 21 properties listed for rent in East melbourne on OnTheHouse. According to CoreLogic's data, 230 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.