SOLD
Sold on 15 Jun 2024 for $965,000

63 Eastern Road
South Melbourne VIC 3205

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Land area: 131m2
Sold By
Belle Property Albert Park
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Property Details for 63 Eastern Rd, South Melbourne

63 Eastern Rd, South Melbourne is a 2 bedroom, 1 bathroom House. The property has a land size of 131m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 2 bedroom House sold in South Melbourne in the last 12 months.

Building Type
House
Land Size
131m2
Local Government
Port Phillip
Lot/Plan
3/LP30044

Last Listing description (October 2024)

Discover Victorian charm in this delightful two-bedroom home, nestled in a prime inner-city locale. Adjacent to parklands and an easy stroll to Albert Park Lake, Clarendon Street shopping, South Melbourne Market, and the tram to the city, this comfortable home with polished floorboards is ready to be renovated and extended (STCA) to enjoy its next chapter.

Boasting two double bedrooms complete with built-in robes, the central lounge bathes in natural light and features split-system heating/cooling for year-round comfort. Adjacent, the kitchen/meals area invites culinary adventures with its gas cooking facilities.

Step outside to your own private oasis: a bright, paved courtyard garden complemented by an additional toilet and garden shed with right-of-way laneway access at the rear. With parks and public transport mere steps away, this is a fabulous inner-city location with loads of potential.

Property History for 63 Eastern Rd, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$965,000
15 Jun 2024
Listed for Rent
$495/w
24 Sep 2020
  • 15 Jun 2024
    Sold for $965,000
  • 23 May 2024
    Listed for Sale $965,000
  • 18 Sep 2020
    Listed for Rent $495 / week
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About South Melbourne 3205

The size of South Melbourne is approximately 2.2 square kilometres. It has 15 parks covering nearly 3.3% of total area. The population of South Melbourne in 2011 was 9,317 people. By 2016 the population was 10,892 showing a population growth of 16.9% in the area during that time. The predominant age group in South Melbourne is 30-39 years. Households in South Melbourne are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in South Melbourne work in a professional occupation. In 2011, 44.8% of the homes in South Melbourne were owner-occupied compared with 40.2% in 2016.

South Melbourne has 11,164 properties. Over the last 5 years, Houses in South Melbourne have seen a 9.87% increase in median value, while Units have seen a 2.12% increase. As at 31 October 2024:

  • The median value for Houses in South Melbourne is $1,619,416 while the median value for Units is $605,499.
  • Houses have a median rent of $700 while Units have a median rent of $625.
There are currently 47 properties listed for sale, and 56 properties listed for rent in South melbourne on OnTheHouse. According to CoreLogic's data, 412 properties were sold in the past 12 months in South melbourne.

Suburb Insights for South Melbourne 3205

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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.