OFF MARKET

517/280 Albert Street
East Melbourne VIC 3002

Bedrooms: 2
Bathrooms: 2
Car spaces: -
Floor area: 121m2
Land area: 8073m2
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Last updated 11 Nov 2024
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Property Details for 517/280 Albert St, East Melbourne

517/280 Albert St, East Melbourne is a 2 bedroom, 2 bathroom Unit and was built in 2019. The property has a land size of 8073m2 and floor size of 121m2. While the property is not currently for sale or for rent, it was last sold in November 2022.

Building Type
Unit
Year Built
2019
Floor Size
121m2
Land Size
8073m2
Local Government
Melbourne
Lot/Plan
104/PS545348

Last Listing description (November 2022)

The epitome of modern luxury, this apartment is a revelation of space, light and resort-style living akin to the world's best hotels. As practical as it is pristine, it exudes a house-like feel with a distinct separation between the living areas and bedrooms. Gaze out across to gorgeous Fitzroy Gardens while enjoying vast open plan in/outdoor entertaining. With a focus on well-being and connection, The Eastbourne offers state-of-the-art facilities for a lifestyle like no other. Highlights include the indoor pool, spa, gym, yoga studio, lounge and cinema. Positioned for cosmopolitan living, step out to transport, eateries and nightlife.

Expansive living/dining room with plush carpet flows out
Alfresco entertaining terrace with Fitzroy Gardens outlook

Stone kitchen with island, gas Miele cooking, dishwasher
Generous bedrooms with built-in robes plus home office
Sumptuous bathrooms, bathtub, internal laundry room
Ducted air conditioning, private double garage with storage cage in it
24hr concierge, business centre, full entertaining space
Share cinema, yoga studio, spa, lounge, 24hr concierge
Stroll to theatres, nightspots and a wide variety of cuisines

The current leasing potential is $1,200 - $1,300pw

Outgoings:
Water Rates: $532 approx. p/a
Council Rates: $725 approx. p/q
Body Corporate Rates: $2,025 approx. p/q

For further information contact Andrew Chen 0490 816 861

Property History for 517/280 Albert St, East Melbourne, VIC 3002

A timeline of how this property has performed in the market
Last Sold
$2,200,000
11 Nov 2022
Listed for Rent
$1.30k/w
26 Sep 2022
  • 11 Nov 2022
    Sold for $2,200,000
  • 18 Oct 2022
    Listed for Sale $2,200,000 - $2,300,000
  • 15 Sep 2022
    Listed for Rent $1,300 / 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 5,703 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 38 properties listed for sale, and 24 properties listed for rent in East melbourne on OnTheHouse. According to CoreLogic's data, 221 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.