SOLD
Sold on 19 Jul 2024 for $495,000

2/23-25 Albert Street
East Melbourne VIC 3002

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 49m2
Land area: 440m2
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Property Details for 2/23-25 Albert St, East Melbourne

2/23-25 Albert St, East Melbourne is a 1 bedroom, 1 bathroom Unit and was built in 1955. The property has a land size of 440m2 and floor size of 49m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 1 bedroom Unit sold in East Melbourne in the last 12 months.

Building Type
Unit
Year Built
1955
Floor Size
49m2
Land Size
440m2
Local Government
Melbourne
Lot/Plan
2/SP23315

Last Listing description (August 2024)

Timeless Charm, Modern Comfort

Tucked away in an Art Deco haven on Albert Street, 2/23 presents a charming retreat perfect for first-time buyers or those seeking a cosy pied-ÃÆ'Ã'Ãâ€'-terre. The classic double brick construction paired with a modern interior defines this ground-floor gem, radiating warmth and character.

Step inside to unveil a fully renovated space that honours the original timber floors and the inherent charm of the apartment. The kitchen, boasting stone benchtops and quality appliances, exudes charm, while the open living room sets the stage for relaxation.

Completing this extraordinary package is a fully tiled bathroom complete with a frameless shower, a spacious bedroom offering ample storage, a shared garden, and the convenience of two parking permits.

Nestled in vibrant East Melbourne, it's mere steps from the MCG, Fitzroy Gardens, and a diverse selection of cafes and restaurants-a seamless blend of timeless charm and the energy of city living.

For those seeking a fully renovated haven, this residence in East Melbourne epitomises the perfect fusion of classic allure and contemporary comfort.

Property History for 2/23-25 Albert St, East Melbourne, VIC 3002

A timeline of how this property has performed in the market
Last Sold
$495,000
19 Jul 2024
Listed for Rent
$435/w
26 Jun 2018
  • 19 Jul 2024
    Sold for $495,000
  • 06 Dec 2023
    Listed for Sale UNDER OFFER
  • 07 Jun 2018
    Listed for Rent $435 / 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, 231 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.