SOLD
Sold on 25 Nov 2023 for $1,222,000

48/400 Victoria Parade
East Melbourne VIC 3002

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 98m2
Sold By
Andrew Macmillan
JELLIS CRAIG STONNINGTON
Zoe Pike
JELLIS CRAIG STONNINGTON
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Property Details for 48/400 Victoria Pde, East Melbourne

48/400 Victoria Pde, East Melbourne is a 3 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1995. The property has a floor size of 98m2. While the property is not currently for sale or for rent, it was last sold in November 2023. There are other 3 bedroom Unit sold in East Melbourne in the last 12 months.

Building Type
Unit
Year Built
1995
Floor Size
98m2
Local Government
Melbourne
Lot/Plan
134/PS324041

Last Listing description (October 2024)

With uncompromising quality and a peaceful orientation, this remarkable inner city three bedroom apartment is a statement of lifestyle excellence on the doorstep of renowned retail, transport and dining scenes. Set high within the esteemed Victoria Albert building, a superb interior boasts outstanding proportions, with two bathrooms enriching each of three bedrooms, including the large main with an ensuite and eastern views. Substantial living and dining areas, highlighted by incredible natural light, offer inspiring views that span as far as the Dandenong Ranges. A tranquil terrace sets the stage for unforgettable occasions with friends, while a granite kitchen boasts stainless steel appliances. Highlights include reverse cycle heating/AC, video intercom, a European laundry, and one basement garage space. Residents also have exclusive access to the building's two undercover pools, gym, spa and sauna, function room and an onsite building manager. Situated only minutes from everything that the CBD has to offer, with Smith, Brunswick and Victoria St's restaurants and cafes, and East Melbourne, Carlton and Richmond's shopping, surrounding gardens and transport all on your doorstep.

Property History for 48/400 Victoria Pde, East Melbourne, VIC 3002

A timeline of how this property has performed in the market
Last Sold
$1,222,000
25 Nov 2023
  • 25 Nov 2023
    Sold for $1,222,000
  • 01 Nov 2023
    Listed for Sale Contact Agent
  • 01 Oct 1993
    Sold for $340,200

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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 39 properties listed for sale, and 19 properties listed for rent in East melbourne on OnTheHouse. According to CoreLogic's data, 231 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.