OFF MARKET

48 George Street
East Melbourne VIC 3002

Bedrooms: 3
Bathrooms: 4
Car spaces: 2
Floor area: 222m2
Land area: 337m2
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Property Details for 48 George St, East Melbourne

48 George St, East Melbourne is a 3 bedroom, 4 bathroom House with 2 parking spaces and was built in 1880. The property has a land size of 337m2 and floor size of 222m2.

Building Type
House
Year Built
1880
Floor Size
222m2
Land Size
337m2
Local Government
Melbourne
Lot/Plan
2/PS433874

Last Listing description (December 2020)

ATTENTION - All serious renovators

Ready to be reinvented, awaiting modern vision and with the versatility to become whatever you need, this traditional terrace is the very definition of a blank canvas. Providing the foundations on which to build a luxurious lifestyle, all this in one of Melbournes most prestigous suburbs.

- Currently a versatile double-storey layout

- Provisions for bathroom and kitchen facilities

- Scope to create bedrooms and living spaces to suit your familys requirements

- A sensational north facing back yard with excellent rear access via a roller door

- An exciting renovation opportunity taking inspiration from beautiful neighbouring properties.

- Walk to the MCG, Bridge Road & Fitzroy Gardens and within easy reach of the CBD & transport.

A tantalising opportunity to create something truly special.

Conditions of entry - IDENTIFICATION and contact number required, otherwise entry may be refused.

The information about this property has been supplied to us by the property owner, while we have no cause to doubt its accuracy, we provide no guarantee. We cannot attest to the functionality of any fixtures, fittings or inclusions to the property. Land and apartment dimensions and floor/site plans are supplied by third parties. Typing mistakes, omissions, transposing can occur, we provide to assist but make no representation. Buyers must carry out their own due diligence.

Property History for 48 George St, East Melbourne, VIC 3002

A timeline of how this property has performed in the market
  • 06 Feb 2020
    Listed for Sale Private Sale $2.65m

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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.

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.