OFF MARKET

51/1-27 Wellington Crescent
East Melbourne VIC 3002

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 134m2
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Property Details for 51/1-27 Wellington Cres, East Melbourne

51/1-27 Wellington Cres, East Melbourne is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1995. The property has a floor size of 134m2. While the property is not currently for sale or for rent, it was last sold in April 2023.

Building Type
Unit
Year Built
1995
Floor Size
134m2
Local Government
Melbourne
Lot/Plan
51/PS325381

Last Listing description (May 2023)

An exclusive opportunity within the tightly held Wellington Gardens complex, this magnificent two-level penthouse offers an elevated sense of space, sophistication and style that will allow you to spread out and live life to the full.

Ideal for busy executives, downsizers, or country commuters wanting the pleasures and convenience of active inner-city living with the comfort and ease of a maintenance-free lifestyle. This amazing home offers vast living areas over two levels with an abundance of northern light and an outlook rarely found in a location so close to the city.

Residents are welcomed through the secluded second-level entry that opens to the spacious living and dining area, featuring timber floors underfoot an open fireplace and a Juliet balcony providing views of the surrounding gardens and the city skyline.

The recently renovated kitchen offers excellent storage and features natural light, stainless steel appliances and gas cooking.

Two generously proportioned bedrooms are positioned on the ground level, both with built-in robes, the main with renovated ensuite. The upstairs mezzanine level offers the flexibility to be a capacious third bedroom or second living zone or retreat.

Additional features include;
Side-by-side parking (no stacker)
Dual split-system reverse cycle airconditioning units
Double Glazed windows
Additional on-street parking permit
Access to two pools and a full-sized gym.
Lord Wellington community room access

Positioned above the established gardens and away from surrounding streets, this luxurious property captures the best of both house and apartment living.

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Property History for 51/1-27 Wellington Cres, East Melbourne, VIC 3002

A timeline of how this property has performed in the market
Last Sold
$1,150,000
29 Apr 2023
Listed for Rent
$900/w
16 Jun 2022
  • 29 Apr 2023
    Sold for $1,150,000
  • 05 Apr 2023
    Listed for Sale SOLD!
  • 20 May 2022
    Listed for Rent $900 / 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 5,748 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.

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