51 Gipps St, East Melbourne is a 4 bedroom, 2 bathroom House with 4 parking spaces. The property has a land size of 253m2. While the property is not currently for sale or for rent, it was last sold in August 1983.
Exclusively situated in Melbourne's most tightly held pocket near the city, Fitzroy Gardens and the MCG, this glorious north facing double storey Victorian residence with magnificent park views has it all. It's compelling appeal is brilliantly highlighted by the magnificent proportions, impressive elegance and captivating rooms. Downstairs features a sun drenched kitchen and dining room boasting glass ceiling with timber beams and adjustable remote control blinds leading into a large formal lounge. The recently renovated kitchen comes complete with new appliances, spacious adjoining family room opens out to a private courtyard, ideal for alfresco dining, you will also find a powder room on this level. Upstairs you will find 4 large bedrooms one leading out to balcony with city views. Other features include hydronic heating, 2 split systems and new carpet throughout. Car accommodation is also included in this magnificent property with 2-car carport complete with remote control, rear access along with parking permits for 2 vehicles. This property is a must see to appreciate all it has to offer.
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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:
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