OFF MARKET

40/1-27 Wellington Crescent
East Melbourne VIC 3002

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Land area: 3884m2
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Property Details for 40/1-27 Wellington Cres, East Melbourne

40/1-27 Wellington Cres, East Melbourne is a 3 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1990. The property has a land size of 3884m2. While the property is not currently for sale or for rent, it was last sold in October 2005.

Building Type
Unit
Year Built
1990
Land Size
3884m2
Local Government
Melbourne
Lot/Plan
40/PS325381

Last Listing description (October 2024)

Discover the charm of this stunning loft apartment, perfectly positioned within a picturesque complex surrounded by lush gardens. This spacious, light-filled residence is set over two levels, offering an inviting living space that is just a short stroll from the city centre, MCG, and nearby parks.

The apartment features two generously sized bedrooms with built-in robes, complemented by a large loft area on the mezzanine level that can easily serve as a third bedroom or flexible living space. The modern kitchen is equipped with quality appliances, including gas cooking and a dishwasher, and offers ample storage with a massive double pantry. The living areas are adorned with beautiful timber flooring, while the bedrooms provide comfort with plush carpeting.

The walkthrough bathroom includes a relaxing bath, and the convenience of a European laundry adds to the practicality of this home. Enjoy the fresh air from your Juliette balcony or take advantage of the ducted heating to stay cozy during the cooler months. With secure entry, parking for one car, and a storage cage, this apartment provides both comfort and security.

Residents also have access to the exclusive Lord Wellington Club, featuring a building pool and gym facilities, making this an exceptional place to call home. Arrange an inspection today and experience the perfect blend of modern living and natural beauty.

Property History for 40/1-27 Wellington Cres, East Melbourne, VIC 3002

A timeline of how this property has performed in the market
Last Sold
$480,000
26 Oct 2005
Listed for Rent
$800/w
04 Sep 2024
  • 04 Sep 2024
    Listed for Rent $800 / week
  • 28 Oct 2021
    Listed for Rent $675 / week
  • 02 Aug 2019
    Listed for Rent - Price not available
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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 5,703 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 23 properties listed for rent in East melbourne on OnTheHouse. According to CoreLogic's data, 223 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.