OFF MARKET

3/40 Webb Lane
East Melbourne VIC 3002

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 85m2
Land area: 1012m2
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Last updated 9 Sep 2024
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Property Details for 3/40 Webb Lane, East Melbourne

3/40 Webb Lane, East Melbourne is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1990. The property has a land size of 1012m2 and floor size of 85m2. While the property is not currently for sale or for rent, it was last sold in September 2022.

Building Type
Unit
Year Built
1990
Floor Size
85m2
Land Size
1012m2
Local Government
Melbourne
Lot/Plan
41/PS310669

Last Listing description (November 2022)

**ARRANGE AN INSPECTION TIME ONLINE DETAILS BELOW**

Tree-lined, cobblestoned and quiet Webb lane is your entry to this wonderful two-bedroom first-floor residence. This hidden gem will be sure to impress both owner-occupiers and investors alike.


Upon entering the apartment you are greeted by stylish timber hybrid floors and a feeling of space. The living area is oversized with access to the full-width outdoor courtyard through the double-glazed floor-to-ceiling window bi-fold doors. The newly renovated galley-style kitchen is also top quality with stainless steel Smeg appliances, masses of storage and Caesar stone bench tops highlighted by movable island. Both bedrooms are of excellent size, with built-in robes and soft carpet underfoot.

Additional features include:
- Secure underground parking
- One additional on-street parking permit are available
- Reverse-cycle ducted air conditioning
- Huge amounts of internal storage
- Boutique tightly held block

In a location within walking distance of the CBD, in the shadows of the MCG and a stone's throw from Bridge Road eateries and shopping, this residence is sure to impress.

How to register: Click the email the agent icon and insert your details we will contact you and confirm your set time to be escorted through the property.
OR
Visit caine.com.au and select BOOK INSPECTION ONLINE.
By registering, you will be INSTANTLY informed of any updates, changes or cancellations for your appointment.

Property History for 3/40 Webb Lane, East Melbourne, VIC 3002

A timeline of how this property has performed in the market
Last Sold
$1,155,000
10 Sep 2022
Listed for Rent
$725/w
16 Nov 2022
  • 09 Nov 2022
    Listed for Rent $725 / week
  • 10 Sep 2022
    Sold for $1,155,000
  • 17 Aug 2022
    Listed for Sale Auction $1,000,000 - $1,100,000
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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 5,738 properties. Over the last 5 years, Houses in East Melbourne have seen a -6.10% decrease in median value, while Units have seen a -22.44% decrease. As at 31 August 2024:

  • The median value for Houses in East Melbourne is $3,205,998 while the median value for Units is $797,793.
  • Houses have a median rent of $1,100 while Units have a median rent of $600.
There are currently 37 properties listed for sale, and 19 properties listed for rent in East melbourne on OnTheHouse. According to CoreLogic's data, 237 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.