SOLD
Sold on 12 Jul 2024 for $2,845,000

302/140 Gipps Street
East Melbourne VIC 3002

Bedrooms: 2
Bathrooms: 2
Car spaces: 3
Floor area: 136m2
Land area: 13200m2
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Property Details for 302/140 Gipps St, East Melbourne

302/140 Gipps St, East Melbourne is a 2 bedroom, 2 bathroom Unit with 3 parking spaces and was built in 2005. The property has a land size of 13200m2 and floor size of 136m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 2 bedroom Unit sold in East Melbourne in the last 12 months.

Building Type
Unit
Year Built
2005
Floor Size
136m2
Land Size
13200m2
Local Government
Melbourne
Lot/Plan
GS302/PS602497

Last Listing description (October 2024)

Perfectly positioned in a boutique complex, this flawless property with its stunning luxurious style, sensational outdoor entertaining spaces, and refined elegance.

This 2 bedroom + study, 2 bathroom apartment has a generous living and dining zone graced with a tranquil stone fireplace sure to keep you warm in winter, while a built-in entertainment unit with mounted flat screen TV and Bose speakers adds a high degree of sophistication.

The kitchen is decked out with quality marble surfaces and includes a handy island bench, soft-closing drawers, and premium Miele appliances, while the enormous master bedroom has walk through robes and a sumptuous double vanity ensuite with large shower and freestanding bath. The 2nd bedroom has ample robe storage, while both bedrooms have access to the long private balcony with amazing views of the city and Melbourne Cricket Ground.

You'll absolutely love the enormous outdoor terrace when the warmer months arrive, which is fitted with a built-in stone BBQ with fridge, sink, and storage, and exhibits uninterrupted 180-degree views which take in the Dandenong Ranges. Other impressive inclusions of this apartment are the private study, gorgeous central bathroom, European laundry, central heating and cooling, automated roller blinds, video intercom entry, touch lights, large basement storage room, and three side-by-side secure car spaces.

Never get tired of living the relaxed East Melbourne lifestyle, where you're positioned close to Fitzroy Gardens, Treasury Gardens, MCG, Melbourne's lively theatre district, an array of CBD restaurants, cafes, bars and boutique shopping, local trams, Jolimont Station, and a short drive to Bridge Road and the Eastern Freeway.

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Property History for 302/140 Gipps St, East Melbourne, VIC 3002

A timeline of how this property has performed in the market
Last Sold
$2,845,000
12 Jul 2024
Listed for Rent
$1.25k/w
09 Jun 2023
  • 12 Jul 2024
    Sold for $2,845,000
  • 19 Dec 2023
    Listed for Rent $1,350 / week
  • 28 Mar 2023
    Listed for Rent $1,350 / 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 5,704 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:

  • The median value for Houses in East Melbourne is $3,332,170 while the median value for Units is $724,506.
  • Houses have a median rent of $1,100 while Units have a median rent of $620.
There are currently 38 properties listed for sale, and 22 properties listed for rent in East melbourne on OnTheHouse. According to CoreLogic's data, 222 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.