OFF MARKET

7/1-11 Grey Street
East Melbourne VIC 3002

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 50m2
Land area: 631m2
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Last updated 30 Sep 2024
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Property Details for 7/1-11 Grey St, East Melbourne

7/1-11 Grey St, East Melbourne is a 1 bedroom, 1 bathroom Unit and was built in 1940. The property has a land size of 631m2 and floor size of 50m2. While the property is not currently for sale or for rent, it was last sold in July 2023.

Building Type
Unit
Year Built
1940
Floor Size
50m2
Land Size
631m2
Local Government
Melbourne
Lot/Plan
7/SP23750

Last Listing description (July 2023)

This bright and tranquil period apartment is perfectly positioned at the rear of this timeless building in one of Melbourne's most exclusive and tightly held post codes.

- Large bedroom
- Entrance hall

- Huge living
- Updated kitchen
- Bright central bathroom
- Only 12 in the block, 1st floor position
- Security entrance
- Off street parking
- Around 52m2 of living
- Potential rent up to $475pw
- OC fees $688pq

Magnificent parks and wide streets add to the total liveability of this prime residence. Walk to the CBD, transport close at hand.

Conditions of entry - IDENTIFICATION and contact number required, otherwise entry may be refused.

The information about this property has been supplied to us by the property owner, while we have no cause to doubt its accuracy, we provide no guarantee. We cannot attest to the functionality of any fixtures, fittings or inclusions to the property. Land and apartment dimensions and floor/site plans are supplied by third parties. Typing mistakes, omissions, transposing can occur, we provide to assist but make no representation. Buyers must carry out their own due diligence.

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Property History for 7/1-11 Grey St, East Melbourne, VIC 3002

A timeline of how this property has performed in the market
Last Sold
$500,000
25 Jul 2023
  • 25 Jul 2023
    Sold for $500,000
  • 29 Jun 2023
    Listed for Sale $490,000-$530,000
  • 15 May 2001
    Sold for $191,500
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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 5,748 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:

  • The median value for Houses in East Melbourne is $3,090,845 while the median value for Units is $737,459.
  • 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 24 properties listed for rent in East melbourne on OnTheHouse. According to CoreLogic's data, 235 properties were sold in the past 12 months in East melbourne.

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