SOLD
Sold on 09 Dec 2023 for $690,000

6/37-41 George Street
East Melbourne VIC 3002

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 54m2
Land area: 924m2
Sold By
Paul Caine
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Peter Hannon
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Property Details for 6/37-41 George St, East Melbourne

6/37-41 George St, East Melbourne is a 1 bedroom, 1 bathroom Unit and was built in 1940. The property has a land size of 924m2 and floor size of 54m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 1 bedroom Unit sold in East Melbourne in the last 12 months.

Building Type
Unit
Year Built
1940
Floor Size
54m2
Land Size
924m2
Local Government
Melbourne
Lot/Plan
6/SP31398

Last Listing description (December 2023)

Positioned on the ground floor of a stunning Art Deco residence on George Street, this generously proportioned one-bedroom apartment basks in sunlight, presenting a unique opportunity for stylish living in the highly coveted suburb of East Melbourne.
The apartment showcases meticulous attention to detail, preserving charming period features like the original fireplace and gleaming hardwood floors, complemented by a recent refresh with a coat of paint throughout.

Boasting a spacious living room with direct access to a sizable courtyard, a functional kitchen with a dining area, and a well-appointed bathroom, the residence is a beacon of natural light. Immerse yourself in the local charm with nearby cafes, shops, and restaurants, while the vibrancy of Fitzroy, Collingwood, and Richmond adds to the attractiveness.
With no reliance on a car, explore the surroundings on foot, taking in the allure of Fitzroy Gardens, the iconic Melbourne Cricket Ground, the East Melbourne Library, and the bustling CBD, all conveniently close at hand. Additionally, enjoy the convenience of two on-street parking permits.

Property History for 6/37-41 George St, East Melbourne, VIC 3002

A timeline of how this property has performed in the market
Last Sold
$690,000
09 Dec 2023
Listed for Rent
$430/w
03 Jan 2017
  • 09 Dec 2023
    Sold for $690,000
  • 16 Nov 2023
    Listed for Sale Not Disclosed
  • 19 Apr 2018
    Sold for $640,000
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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, 223 properties were sold in the past 12 months in East melbourne.

Suburb Insights for East Melbourne 3002

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Paul Caine
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Peter Hannon
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Caine Real Estate
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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.