37/1-27 Wellington CrescentEast Melbourne VIC 3002
Property Details for 37/1-27 Wellington Cres, East Melbourne
37/1-27 Wellington Cres, East Melbourne is a 1 bedroom, 1 bathroom House with 1 parking spaces and was built in 1997. The property has a floor size of 47m2. While the property is not currently for sale or for rent, it was last sold in March 2020.
Last Listing description (April 2020)
Located in one of East Melbourne's most prestigious and picturesque neighbourhoods, this fabulous one bedroom, one bathroom, one car space apartment is certainly a gem of a find.
Tucked away in a serene cul-de-sac surrounded by manicured gardens, this apartment features built-in bedroom robes, a central two-way bathroom, European style laundry a well-appointed kitchen, double glazing throughout and parking permit for street.
Its the perfect starter home for first-time buyers or equally as good as an outstanding investment opportunity.
Only minutes away to Melbourne's best parks and attractions, including the MCG, the vibrant Richmond and Collingwood precincts, and the multitude of CBD offerings. In addition enjoy the exclusive residents-only amenities including a heated pool, gym, sauna, library and private function room.
Property History for 37/1-27 Wellington Cres, East Melbourne, VIC 3002
- 24 Mar 2020Sold for $650,000
- 11 Mar 2020Listed for Sale Not Disclosed
- 29 Aug 2015Sold for $540,000
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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 5,702 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:
- 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.
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