2/27-31 Powlett StreetEast Melbourne VIC 3002
Property Details for 2/27-31 Powlett St, East Melbourne
2/27-31 Powlett St, East Melbourne is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 656m2 and floor size of 64m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 2 bedroom Unit sold in East Melbourne in the last 12 months.
Last Listing description (February 2024)
**ARRANGE AN INSPECTION TIME ONLINE - DETAILS BELOW*
Situated on the 1st floor for added privacy and security, this meticulously maintained apartment presents a wonderful opportunity to reside in the highly sought-after and esteemed enclave of East Melbourne.
Apartment 2 is one of only 12 units within a solid 1960s building, featuring an excellent layout that includes a spacious living and dining area, a separate kitchen with a gas stove, and ample storage. The two generously sized bedrooms come complete with built-in robes, and the bathroom with laundry facilities is easily accessible through the central hallway.
The recent addition of new carpets and a fresh coat of paint adds a touch of modern elegance. Additionally, the apartment boasts a designated carport and two on-street parking permits. These features are the perfect finishing touches, making this residence an ideal first step into the East Melbourne lifestyle.
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Property History for 2/27-31 Powlett St, East Melbourne, VIC 3002
- 10 Jan 2024Listed for Rent $650 / week
- 11 Dec 2023Sold for $680,000
- 10 Nov 2023Listed for Sale Not Disclosed
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0About 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 5,705 properties. Over the last 5 years, Houses in East Melbourne have seen a -8.26% decrease in median value, while Units have seen a -10.90% decrease. As at 30 September 2024:
- The median value for Houses in East Melbourne is $3,090,845 while the median value for Units is $737,459.
- Houses have a median rent of $1,100 while Units have a median rent of $620.
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