70-72 Albert St, East Melbourne is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 1884. The property has a land size of 230m2 and floor size of 163m2. While the property is not currently for sale or for rent, it was last sold in February 2015.
This graceful Victorian double fronted property provides an exceptional opportunity to purchase in Melbourne's most liveable suburb. The charm of this 1884 residence begins at the ornate iron gate, landscaped garden and heritage features. Upon opening the front door, you'll be taken aback by the immense sense of space. A wide hallway featuring original hardwood floorboards and 12 foot ceilings make you instantly feel at home. The formal living and dining rooms feature plenty of natural light, cosy carpet and gorgeous marble fireplaces. On the opposite side of the hallway you'll find two large bedrooms, both featuring marble fireplaces and enormous built in robes. Double glazing ensures a peaceful night sleep, while still allowing views of the leafy East Melbourne. A grand central bathroom with an isolated toilet, ample light and luxury spa bath optimise functionality and indulgence. The rear of the property features open plan kitchen, dining and living leading to an outdoor courtyard that enjoys all day northerly sun, with shade provided from three beautiful white flowering Magnolia trees. A lock-up garage accessed from Simpson Street provides another rare East Melbourne commodity in this delightful Victorian offering.
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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