OFF MARKET

5 Albert Street
East Melbourne VIC 3002

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Land area: 191m2
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Property Details for 5 Albert St, East Melbourne

5 Albert St, East Melbourne is a 3 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 191m2. While the property is not currently for sale or for rent, it was last sold in August 2021.

Building Type
House
Land Size
191m2
Local Government
Melbourne
Lot/Plan
1/TP888676

Last Listing description (October 2022)

A superior inner city living experience, that delivers the ultimate privacy in an elite locale steps from the CBD, MCG, restaurants and bars on Wellington Parade and the East Melbourne General Store. Enjoying an enviable northerly orientation, this timeless c1886 Victorian abode maintains ornate period detail with a light filled rear extension. Soaring ceilings introduce zoned family living and dining with a cleverly appointed lounge featuring gas fireplace, leading to a spacious dining area opening to private alfresco entertaining within leafy courtyard surrounds. Skylights illuminate a kitchen comprising state of the art stainless steel appliances, including Miele dishwasher. Luxury accommodation features three generous bedrooms, two comprising open fireplaces, one with private lightwell access and a third retreat upstairs with its own bathroom and built in robe. Includes security intercom, hydronic heating, alarm, central bathroom with Euro laundry, attic storage and double carport with rear laneway access.

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Property History for 5 Albert St, East Melbourne, VIC 3002

A timeline of how this property has performed in the market
Last Sold
$1,850,000
06 Aug 2021
Listed for Rent
$900/w
17 Oct 2022
  • 04 Oct 2022
    Listed for Rent $900 / week
  • 05 Oct 2021
    Listed for Rent $850 / week
  • 06 Aug 2021
    Sold for $1,850,000
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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.

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.