23/53 Powlett St, East Melbourne is a 0 bedroom, 1 bathroom Unit and was built in 1959. The property has a land size of 1143m2.
Whether you are looking for a perfect spot to stay whilst in Melbourne or a great way to get a foothold as a first home-buyer this beautiful apartment has everything you could be looking for.
Offering a great deal more than a standard studio it features a functional layout with separate entry and full sized bathroom. The immaculate and elegant interior is perfectly complemented by the classic and faultless architecture including an ornamental fireplace, original paned windows and full length doors which open to the balcony.
With access to two parking permits, it's only a short walk to public transport, cafes, the Paris end of the CBD, MCG, and all the best that East Melbourne has to offer.
This inner city sanctuary is truly a rare opportunity to buy an affordable Art Deco property in one of Melbourne's premier tree lined streets.
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 5,702 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:
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