SOLD
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Sold on 09 Oct 2023 for $480,000

205/162 Albert Street
East Melbourne VIC 3002

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Property Details for 205/162 Albert St, East Melbourne

205/162 Albert St, East Melbourne is a 2 bedroom, 1 bathroom Apartment with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in October 2023. There are other 2 bedroom Apartment sold in East Melbourne in the last 12 months.

Building Type
Apartment
Local Government
Melbourne
Lot/Plan
205V/PS501398

Last Listing description (October 2023)

Nestled within Melbourne's most coveted inner-city enclave and set within the iconic Victoria Brewery, this exquisite two-bedroom residence presents an exceptional chance for both a first home and a savvy investment opportunity.

Effortlessly transitioning from the modern kitchen, the spacious living area opens up to a private balcony. Two generously sized double bedrooms provide both comfort and seclusion, and the strategically positioned Euro laundry enhances the convenience of the meticulously planned central bathroom.

The allure doesn't end there – enjoy access to a resort-inspired rooftop pool and gym, elevating your living experience.

Positioned for ultimate desirability, this property places you within a leisurely stroll from Fitzroy Gardens, the hallowed grounds of the Melbourne Cricket Ground, and the vibrant Gertrude and Smith Street hubs. With the CBD at your doorstep, seize this remarkable opportunity to own a slice of sophistication in Melbourne's thriving heart.

Property History for 205/162 Albert St, East Melbourne, VIC 3002

A timeline of how this property has performed in the market
Last Sold
$480,000
09 Oct 2023
Listed for Rent
$425/w
23 May 2022
  • 09 Oct 2023
    Sold for $10,000
  • 16 Aug 2023
    Listed for Sale UNDER OFFER
  • 15 Mar 2022
    Listed for Rent $400 / 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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Elli Blanco
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Peter Hannon
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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.