OFF MARKET

5/116-120 Albert Street
East Melbourne VIC 3002

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 45m2
Land area: 606m2
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Property Details for 5/116-120 Albert St, East Melbourne

5/116-120 Albert St, East Melbourne is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 606m2 and floor size of 45m2. While the property is not currently for sale or for rent, it was last sold in June 1995.

Building Type
Unit
Year Built
1970
Floor Size
45m2
Land Size
606m2
Local Government
Melbourne
Lot/Plan
5/SP36284

Last Listing description (January 2024)

Experience the inviting atmosphere of this well-appointed apartment on the top floor, where the attractive design and thoughtful layout create a pleasant atmosphere. Surrounded by lush greenery, the meticulously presented environment adds to the overall appeal.

The apartment is unfurnished and features:

- Open plan living area

- Private balcony
- Modern kitchen with breakfast bar
- Bedroom with built-in robe'
- Central bathroom
- One car space
- Communal laundry room
- Secure entry

** Photos are for advertising purposes only **

* TO AVOID DISAPPOINTMENT, PLEASE REGISTER TO INSPECT THIS PROPERTY *
By registering your details, you will be informed of any updates, changes or cancellations of your appointment. Please ensure you also have photo ID with you for the inspection. Register and apply early to secure this property.

To apply for this property, please visit:
https://snug.com/apply/melcorprealestate

Property History for 5/116-120 Albert St, East Melbourne, VIC 3002

A timeline of how this property has performed in the market
Last Sold
$107,500
30 Jun 1995
Listed for Rent
$370/w
05 Apr 2022
  • 03 Jan 2024
    Listed for Rent $420 / week
  • 02 Feb 2022
    Listed for Rent $370 / week
  • 11 Jun 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 5,748 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.