SOLD
Sold on 06 Feb 2024 for $625,000

510/162 Albert Street
East Melbourne VIC 3002

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 68m2
Land area: 8353m2
Sold By
Caine Real Estate - EAST MELBOURNE
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Property Details for 510/162 Albert St, East Melbourne

510/162 Albert St, East Melbourne is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2004. The property has a land size of 8353m2 and floor size of 68m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 2 bedroom Unit sold in East Melbourne in the last 12 months.

Building Type
Unit
Year Built
2004
Floor Size
68m2
Land Size
8353m2
Local Government
Melbourne
Lot/Plan
510V/PS501398

Last Listing description (September 2013)

TIME FOR WORK/LIFE BALANCE? AVAILABLE 4 OCTOBER
WITH THE VERY BEST OF MELBOURNE AT YOUR DOORSTEP, THIS APARTMENT IS DESIGNED FOR THE LIFESTYLE SAVVY AMONGST US. A BRISK 10 MINUTE WALK TO THE TOP-END OF COLLINS ST AND ALL WITHIN MOMENTS OF THE LATEST CULINARY DELIGHTS OF SMITH & GERTRUDE STS... ACHIEVE THE PERFECT WORK/LIFE BALANCE!COMPRISING 2 BEDROOMS ONE WITH BUILT IN ROBES, A GENEROUS OPEN PLAN LIVING AND DINING AREA, WELL APPOINTED KITCHEN WITH GAS COOKING, DISHWASHER AND BLANCO APPLIANCES, EUROPEAN STYLE LAUNDRY, BALCONY, SECURE CAR PARKING, SECURITY ENTRANCE AND ACCESS TO A GORGEOUS ROOFTOP POOL AND GYM FACILITIES.IN ADDITION YOU WILL ENJOY THE CONVENIENCE OF AN IGA SUPERMARKET, CAFES, FLORIST AND HAIRDRESSER ALL ON SITE AT TRIBECA.TOP LANE PROPERTY IS A BOUTIQUE REAL ESTATE AGENT BASED ONSITE AT THE TRIBECA APARTMENT COMPLEX, EAST MELBOURNE. WE PROVIDE A COMPREHENSIVE RANGE OF PROPERTY SERVICES, OUR BEING AVAILABLE ON-SITE AS A PHYSICAL PRESENCE GIVES US AN EDGE WHEN IT COMES TO APARTMENT SALES, RENTALS, AND PROPERTY MANAGEMENT.PROPERTY CODE: 73

Property History for 510/162 Albert St, East Melbourne, VIC 3002

A timeline of how this property has performed in the market
Last Sold
$625,000
06 Feb 2024
Listed for Rent
$450/w
30 Sep 2013
  • 06 Feb 2024
    Sold for $625,000
  • 30 Sep 2013
    Listed for Rent $450 / week
  • 17 Jun 2002
    Sold for $421,750

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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.