SOLD
Sold on 09 Jul 2024 for $3,600,000

505/182 Wellington Parade
East Melbourne VIC 3002

Bedrooms: 3
Bathrooms: 2
Car spaces: -
Floor area: 161m2
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Property Details for 505/182 Wellington Pde, East Melbourne

505/182 Wellington Pde, East Melbourne is a 3 bedroom, 2 bathroom Unit and was built in 2018. The property has a floor size of 161m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 3 bedroom Unit sold in East Melbourne in the last 12 months.

Building Type
Unit
Year Built
2018
Floor Size
161m2
Local Government
Melbourne
Lot/Plan
506/PS718145

Property History for 505/182 Wellington Pde, East Melbourne, VIC 3002

A timeline of how this property has performed in the market
Last Sold
$3,600,000
09 Jul 2024
  • 09 Jul 2024
    Sold for $3,600,000

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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 5,703 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:

  • The median value for Houses in East Melbourne is $3,332,170 while the median value for Units is $724,506.
  • 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 19 properties listed for rent in East melbourne on OnTheHouse. According to CoreLogic's data, 231 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.