51 Eastern Road, South Melbourne, VIC 3205 | Property Value & History | OnTheHouse
OFF MARKET

51 Eastern Road
South Melbourne VIC 3205

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 113m2
Land area: 522m2
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Property Details for 51 Eastern Rd, South Melbourne

51 Eastern Rd, South Melbourne is a 3 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1890. The property has a land size of 522m2 and floor size of 113m2. While the property is not currently for sale or for rent, it was last sold in June 2017.

Building Type
Unit
Year Built
1890
Floor Size
113m2
Land Size
522m2
Local Government
Port Phillip
Lot/Plan
1/SP20322

Last Listing description (May 2026)

Positioned in a highly sought-after inner-city pocket, this well-presented three-bedroom home at 51 Eastern Road, South Melbourne offers comfort, space, and unbeatable convenience-perfect for families or professionals alike.

Designed across two levels, the home features a flexible layout with one bedroom and a full bathroom located downstairs-ideal for guests or multi-generational living. The ground floor also boasts an open-plan kitchen, meals, and living area, seamlessly flowing out to a private patio and car space, perfect for entertaining or relaxed everyday living.


Upstairs, you'll find two additional generously sized bedrooms, serviced by a central bathroom.

Additional features include:

Three spacious bedrooms
Two well-appointed bathrooms, including a downstairs bathroom with bathtub
Open-plan living and dining area
Kitchen with stainless steel gas appliances and dishwasher
Floorboards throughout
Heating for year-round comfort
Private patio area with rear car access

Enjoy the lifestyle benefits of being moments from the vibrant offerings of South Melbourne Market, as well as cafes, restaurants, and local shops. With easy access to public transport, the Melbourne CBD, and nearby parks, this location truly has it all.

A fantastic opportunity to secure a low-maintenance home in one of Melbourne's most desirable suburbs.

Property History for 51 Eastern Rd, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$1,186,000
24 Jun 2017
Listed for Rent
$950/w
07 Feb 2025
  • 05 May 2026
    Listed for Rent $950 / week
  • 15 Jan 2025
    Listed for Rent $950 / week
  • 17 Jan 2021
    Listed for Rent $700 / week
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About South Melbourne 3205

The size of South Melbourne is approximately 2.2 square kilometres. There are 15 parks, covering nearly 3.3% of the total area. The population of South Melbourne in 2016 was 10920 people. By 2021 the population was 11548 showing a population growth of 5.8% 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 over $4000 per month on mortgage repayments. In general, people in South Melbourne work in a professional occupation.In 2021, 42.40% of the homes in South Melbourne were owner-occupied compared with 40.20% in 2016.

South Melbourne has 12,857 properties. Over the last 5 years, Houses in South Melbourne have seen a 7.13% increase in median value, while Units have seen a 3.65% increase. As at 30 April 2026:

  • The median value for Houses in South Melbourne is $1,728,942 while the median value for Units is $640,842.
  • Houses have a median rent of $840 while Units have a median rent of $670.
There are currently 34 properties listed for sale, and 33 properties listed for rent in South melbourne on OnTheHouse. According to Cotality's data, 481 properties were sold in the past 12 months in South melbourne.

Suburb Insights for South Melbourne 3205

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.