SOLD
RECENT ADVICE
Sold on 24 May 2024 for $445,000

202/279 Wellington Parade S
East Melbourne VIC 3002

Bedrooms: 1
Bathrooms: 1
Car spaces: -
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Property Details for 202/279 Wellington Pde S, East Melbourne

202/279 Wellington Pde S, East Melbourne is a 1 bedroom, 1 bathroom Apartment. 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
202/PS548192

Last Listing description (May 2024)

Combining all the luxurious amenities of a superior hotel with a green and leafy position on the city's fringe, this highly efficient larger than normal (52 sqm) bedsit apartment presents you with a brilliant lifestyle proposition that few can match. Located within 'One East Melbourne' a world-class development designed by Italian Architect Claudio Silvestre is poised to redefine your concept of luxury.

Nestled between the Treasury Gardens, MCG parkland and the towers of the CBD, this is a walk-everywhere position that underlines the apartment's remarkable investment credentials or city pad appeal. The open living area flows through double-glazing with minimal fuss to the north-facing balcony. The bathroom/laundry is generously sized and the whole apartment is kept comfortable by split system heating and air conditioning.

Set conveniently adjacent to the building's fully equipped gymnasium, a 25 metres lap pool and a steam room, the apartment is also fully secure with video entry, elevator access and a Concierge. Being just a stroll from shopping, cafes, dining, bars and nightlife all through the CBD, as well as the MCG, the sporting precinct and all modes of transport this property can offer much to most!

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Property History for 202/279 Wellington Pde S, East Melbourne, VIC 3002

A timeline of how this property has performed in the market
Last Sold
$445,000
24 May 2024
Listed for Rent
$400/w
03 May 2022
  • 24 May 2024
    Sold for $445,000
  • 08 May 2024
    Listed for Sale UNDER OFFER
  • 22 Oct 2022
    Sold for $436,000
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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 5,748 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.
There are currently 39 properties listed for sale, and 24 properties listed for rent in East melbourne on OnTheHouse. According to CoreLogic's data, 235 properties were sold in the past 12 months in East melbourne.

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