OFF MARKET

407/162 Albert Street
East Melbourne VIC 3002

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 53m2
Land area: 8353m2
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Property Details for 407/162 Albert St, East Melbourne

407/162 Albert St, East Melbourne is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2004. The property has a land size of 8353m2 and floor size of 53m2. While the property is not currently for sale or for rent, it was last sold in July 2022.

Building Type
Unit
Year Built
2004
Floor Size
53m2
Land Size
8353m2
Local Government
Melbourne
Lot/Plan
407V/PS501398

Last Listing description (November 2022)

No better way to begin, no wiser way to invest this inviting apartment is an elite entry level address thats equally enticing as a successful inner city investment option. From either perspective the appeal is exceptional, the location is outstanding.

The style thats such a signature of the Victoria Brewerys conversion from its working origins to its residential refinement is captured by this beautiful 2 bedroom property where the living/dining domain flows to an elegant balcony while the contemporary kitchens stainless steel Blanco appliances, gas cooking, and dishwasher perform perfectly.

The bathrooms modern profile and European laundrys clever efficiency complement a format thats kept totally comfortable by reverse cycle heating/cooling.

Entirely secure, further enhanced by allocated basement car parking plus separate storage cage, this highly desirable city edge address features a fabulous residents roof-top swimming pool and gym in Tribeca environs that also include an IGA supermarket, cafes, florist and hairdresser.

Offered for private sale, the personality matches the prestige merely moments from the Paris end of Collins Street CBD, with trams always available and the latest culinary delights of Smith and Gertrude Streets readily reached.

This is an opportunity not to be missed. Please contact Anthony Verrocchi 0409 477 533 for further information or feel free to come along to one of the advertised inspection times.

Property Code: 659

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Property History for 407/162 Albert St, East Melbourne, VIC 3002

A timeline of how this property has performed in the market
Last Sold
$546,999
07 Jul 2022
  • 05 Nov 2022
    Listed for Sale Not Disclosed
  • 07 Jul 2022
    Sold for $546,999
  • 16 Jun 2022
    Listed for Sale PRIVATE SALE: $559,000
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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 5,748 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 39 properties listed for sale, and 24 properties listed for rent in East melbourne on OnTheHouse. According to CoreLogic's data, 235 properties were sold in the past 12 months in East melbourne.

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