50 Hotham St, East Melbourne is a 5 bedroom, 2 bathroom House with 2 parking spaces and was built in 1880. The property has a land size of 1085m2 and floor size of 483m2. While the property is not currently for sale or for rent, it was last transferred in February 2023.
INSPECTIONS STRICTLY SAT BY PRIOR REGISTRATION ONLY
Impressively occupying the largest residential landholding in East Melbourne (1,090sqm approx.) with rear access to Ola Cohn Lane, this illustrious c1886 Gothic Revival freestanding residence's magnificent dimensions showcase incomparable grandeur, elegance and exceptional family versatility.
The slendour of the era is immediately displayed by the soaring ultra high ceilings and parquetry floors in the imposing reception hall which introduces a gracious sitting room boasting two open fireplaces and a separate formal dining room. Northern light streams through the casual dining area and gourmet kitchen superbly appointed with Gaggenau and Miele appliances and stone benches. Exposed bluestone walls and polished concrete floors add to the evocative ambience through the lower level comprising a sensational living or recreation/media room with two open fires, a wine cellar and versatile guest bedroom with its own living room (open fire) and bathroom. The spectacular formally landscaped north-facing private garden features a trompe l'oeil terrace, heated pool and a double garage with versatile studio/bedroom and bathroom. On the first level, the beautiful light-filled main bedroom with en-suite and built in robe is complemented by two double bedrooms and a marble bathroom while an additional two bedrooms and store-room are on the level above.
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:
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