SOLD
Sold on 16 May 2024 for $590,000

911/162 Albert Street
East Melbourne VIC 3002

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 60m2
Land area: 8357m2
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Property Details for 911/162 Albert St, East Melbourne

911/162 Albert St, East Melbourne is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2004. The property has a land size of 8357m2 and floor size of 60m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 2 bedroom Unit sold in East Melbourne in the last 12 months.

Building Type
Unit
Year Built
2004
Floor Size
60m2
Land Size
8357m2
Local Government
Melbourne
Lot/Plan
911V/PS501398

Last Listing description (May 2024)

Nestled within the historic confines of the former Victoria Brewery, this charming two-bedroom apartment boasts a prime position in the heart of East Melbourne, offering an enticing blend of luminous urban living and captivating Northerly panoramas.

Perched on the 9th floor of 'The Victoria' building, the apartment showcases a cleverly designed layout that maximizes space utilization. The generously lit living room, adorned with floor-to-ceiling windows, frames spectacular Northern views, creating an immersive experience.

The main area seamlessly integrates an open-plan dining and kitchen space, equipped with stainless steel appliances for added convenience.

Both bedrooms are spacious, while the master bedroom extends the allure of breathtaking views with a built-in robe. A centrally located bathroom complements the accommodation with a walk-in shower.

Additional highlights of the apartment encompass a private balcony, reverse cycle air conditioning, an intercom system, secure car space, and exclusive access to the gymnasium as well as a picturesque rooftop swimming pool.

Positioned in a location unparalleled in its convenience and with views that inspire envy, this residence undoubtedly merits a top spot on your priority list as you immerse yourself in the vibrant pulse of inner Melbourne living, with Fitzroy Gardens, Melbourne CBD, Collingwood, and Fitzroy just minutes away.

Property History for 911/162 Albert St, East Melbourne, VIC 3002

A timeline of how this property has performed in the market
Last Sold
$590,000
16 May 2024
  • 16 May 2024
    Sold for $590,000
  • 13 May 2024
    Listed for Sale Not Disclosed
  • 11 Sep 2019
    Sold for $570,000
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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 5,702 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 39 properties listed for sale, and 19 properties listed for rent in East melbourne on OnTheHouse. According to CoreLogic's data, 225 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.