42 Grey St, East Melbourne is a 3 bedroom, 2 bathroom House and was built in 1879. The property has a land size of 1075m2 and floor size of 191m2. While the property is not currently for sale or for rent, it was last transferred in January 2023.
Standing tall and proud, this majestic Victorian home's superb spaces and tranquil garden setting provide outstanding family accommodation in one of Melbourne's most desirable and prestigious postcodes.
Nirvana, built in 1879 overlooking the iconic Darling Square gardens, is on the market for the first time in more than 40 years. High ceilings, elaborate ceiling roses and marble mantelpieces display all the evocative elegance of the era. Offering multiple living rooms, including sun -drenched north-facing informal living and dining, and absolute comfort and space for everyone in the family, Nirvana also has a rare secure carport entered from Buchan Lane.
Off the traditional entrance hall, the living room with an open fireplace and white marble mantel has front garden and park views. Another large sunny living room opens to a delightful courtyard garden which also connects to the living zone to create an appealing flowing floorplan. Updated over the years, Nirvana's kitchen, dining and informal living open to the north-facing courtyard garden for indoor-outdoor entertaining.
Upstairs the split landing with a booklined alcove leads to the romantic main bedroom with views past the balcony to Darling Square, a wall of full-height wardrobes and open fireplace surrounded by white marble mantel.
The main bedroom with adjacent bathroom is supported by two additional bedrooms with views over the rooftops and a central bathroom. More features include hydronic heating, reverse cycle heating and air-conditioning and excellent storage including under-stair storage.
The tiny suburb of East Melbourne reflects the history of Victoria with beautiful gardens, gold rush era homes, workmen's cottages, cobblestone laneways leading to coach houses and grand balconied homes like Nirvana trimmed with cast iron. The suburb, long famous for being home to artists, scientists, judges, entrepreneurs and politicians, is very popular among professionals and captains of industry.
Surrounded by wide tree-lined streets, heritage homes and parks, this home is just a short stroll to the CBD, the MCG and sports' precinct, Jolimont Station and the Richmond retail and caf precinct.
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:
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