OFF MARKET

501/1-9 Powlett Street
East Melbourne VIC 3002

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 85m2
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Property Details for 501/1-9 Powlett St, East Melbourne

501/1-9 Powlett St, East Melbourne is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2002. The property has a floor size of 85m2. While the property is not currently for sale or for rent, it was last sold in April 2013.

Building Type
Unit
Year Built
2002
Floor Size
85m2
Local Government
Melbourne
Lot/Plan
501/PS431073

Last Listing description (December 2021)

Perfectly located within East Melbourne's sought-after Nonda Katsilidis designed 'One Powlett' complex, this soundly-built, and quiet apartment offers relaxed, and maintenance-free living at its very best.

Featuring a spacious living and dining area with timber floors underfoot, accompanied by an open plan kitchen fitted with European stainless steel appliances and stone-topped benches, cupboard space is also plentiful. A great sized functional balcony is ideal for barbecuing or simply relaxing and appreciating the north-facing vista.


Generous proportions are visible throughout, from the master bedroom with magnificent views and built-in robes to the ensuite and second bedroom/home office which features additional robing. Both bathrooms are of the highest quality, with marble finishes, walk-in showers and the ensuite bathroom additionally fitted with a bath.

Other thoughtfully designed features include heating and cooling, video security and an on-title, secure car park which further enhances the value of this apartment, while the complex boasts a well-equipped residents gymnasium.

This really is a fantastic apartment and location to live in, just footsteps to local shops and cafes and all the amenities of the East Melbourne village. Train and tram are on the doorstep or it's an easy stroll to the CBD, MCG, entertainment venues, lush parklands and the vibrant Richmond precinct.

Property History for 501/1-9 Powlett St, East Melbourne, VIC 3002

A timeline of how this property has performed in the market
Last Sold
$675,000
30 Apr 2013
Listed for Rent
$700/w
13 Jul 2021
  • 12 Nov 2021
    Listed for Sale Private Sale - $1,175,000
  • 13 Jul 2021
    Listed for Rent $700 / week
  • 09 Oct 2020
    Listed for Rent $700 / week
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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 5,738 properties. Over the last 5 years, Houses in East Melbourne have seen a -6.10% decrease in median value, while Units have seen a -22.44% decrease. As at 31 August 2024:

  • The median value for Houses in East Melbourne is $3,205,998 while the median value for Units is $797,793.
  • Houses have a median rent of $1,100 while Units have a median rent of $600.
There are currently 37 properties listed for sale, and 19 properties listed for rent in East melbourne on OnTheHouse. According to CoreLogic's data, 237 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.