SOLD
Sold on 24 Feb 2024 for $2,030,000

305/1-9 Powlett Street
East Melbourne VIC 3002

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 78m2
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Property Details for 305/1-9 Powlett St, East Melbourne

305/1-9 Powlett St, East Melbourne is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2002. The property has a floor size of 78m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 3 bedroom Unit sold in East Melbourne in the last 12 months.

Building Type
Unit
Year Built
2002
Floor Size
78m2
Local Government
Melbourne
Lot/Plan
305/PS431073

Last Listing description (February 2024)

Perfectly located within East Melbourne's sought-after Nonda Katsilidis designed 'One Powlett' complex, this soundly-built, and quiet three-bedroom apartment offers relaxed, and maintenance-free living at its very best.

Featuring a vast living and dining area, accompanied by an open-plan kitchen fitted with European stainless steel appliances and stone-topped benches. A great-sized functional balcony is ideal for barbecuing, entertaining or simply relaxing and appreciating the vista.

Quality and generous proportions are visible throughout. The master suite has walk-in robes and a lavish ensuite, the second bedroom features built-in robes and ample space to stretch out and the third bedroom (currently set up as a library/office) is sure to impress. Both bathrooms are of the highest quality, with marble finishes, walk-in showers and separate W/C for guests.

Other thoughtfully designed features include abundant storage and a large separate laundry. Heating and cooling, video security and two on-title, secure car parks further enhance the value of this apartment (plus on-street parking via permits), while the complex boasts a well-equipped resident gymnasium.

The highlight of the home has to be the jaw-dropping views of the MCG and Yarra Park through the floor-to-ceiling living room windows. These are views you never tire of and impress all who walk through the door.

This is a fantastic apartment and location to live in, just footsteps to local shops and cafes and all the amenities of the East Melbourne village. Train and tram are on the doorstep or it's an easy stroll to the CBD, MCG, entertainment venues, lush parklands and the vibrant Richmond precinct.

Property History for 305/1-9 Powlett St, East Melbourne, VIC 3002

A timeline of how this property has performed in the market
Last Sold
$2,030,000
24 Feb 2024
  • 24 Feb 2024
    Sold for $2,030,000
  • 24 Jan 2024
    Listed for Sale Auction Today! $2,000,000 - $2,200,000
  • 04 Feb 2003
    Sold for $665,000

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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 5,699 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 42 properties listed for sale, and 25 properties listed for rent in East melbourne on OnTheHouse. According to CoreLogic's data, 229 properties were sold in the past 12 months in East melbourne.

Suburb Insights for East Melbourne 3002

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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.