516 Victoria Pde, East Melbourne is a 4 bedroom, 2 bathroom House and was built in 1890. The property has a land size of 115m2 and floor size of 149m2. While the property is not currently for sale or for rent, it was last transferred in January 2012.
Set in one of the inner city's most desired locations, properties like this do not come along often. Featuring polished boards and double-glazed windows, this four-bedroom property has been renovated throughout while still retaining charming original features.
The ground floor features three good-sized bedrooms including the master bedroom with built-in robes and ensuite, plus access to the undercover car space or courtyard at the rear. The first floor includes a large formal living area with an open fireplace, one further bedroom and renovated central bathroom. The kitchen includes gas cooking and dishwasher and opens to a large timber-decked terrace perfect for entertaining.
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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