127 Gipps Street, East Melbourne, VIC 3002 | Property Value & History | OnTheHouse
OFF MARKET

127 Gipps Street
East Melbourne VIC 3002

Bedrooms: 3
Bathrooms: 3
Car spaces: 2
Floor area: 337m2
Land area: 322m2
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Property Details for 127 Gipps St, East Melbourne

127 Gipps St, East Melbourne is a 3 bedroom, 3 bathroom House with 2 parking spaces and was built in 1890. The property has a land size of 322m2 and floor size of 337m2. While the property is not currently for sale or for rent, it was last sold in May 2017.

Building Type
House
Year Built
1890
Floor Size
337m2
Land Size
322m2
Local Government
Melbourne
Lot/Plan
1/TP580827

Last Listing description (May 2019)

**To book an inspection for this property, please 'email agent' and we will respond instantly with available inspection times. Please note you must register to attend an inspection**Ideally located in the ever popular East Melbourne district, this wonderful double storey Victorian home is available now and ready for its new occupiers to move straight in. A front verandah opens to a grand entrance hall through to spacious sitting room with formal dining and ornate high ceilings.Further features include premium gourmet kitchen fully appointed with Gaggenau appliances including built in fridge and stone benches, and casual dining room all open to a sunny side BBQ courtyard, and through to a spectacular private Tuscan-style garden ideal for alfresco dining.The main bedroom with full width balcony is accompanied by a further 2 two double bedrooms plus a 4th bedroom/study and two equally stylish bathrooms.Spotlessly clean throughout this lovely home also comes equipped with hydronic and ducted heating, separate powder room, laundry, ample storage and double garage via rear right of way.Please note this property is available for a 6-9 MONTH LEASE ONLY.

Property History for 127 Gipps St, East Melbourne, VIC 3002

A timeline of how this property has performed in the market
Last Sold
$4,275,000
20 May 2017
Listed for Rent
$1.00k/w
07 May 2019
  • 12 Apr 2019
    Listed for Rent $1,000 / week
  • 04 Sep 2017
    Listed for Rent - Price not available
  • 20 May 2017
    Sold for $4,275,000
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About East Melbourne 3002

The size of East Melbourne is approximately 1.9 square kilometres. There are 10 parks, covering nearly 46.0% of the total area. The population of East Melbourne in 2016 was 4964 people. By 2021 the population was 4896 showing a population decline of 1.4% 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 2021, 44.80% of the homes in East Melbourne were owner-occupied compared with 43.60% in 2016.

East Melbourne has 5,832 properties. Over the last 5 years, Houses in East Melbourne have seen a -9.53% decrease in median value, while Units have seen a 2.15% increase. As at 30 June 2026:

  • The median value for Houses in East Melbourne is $3,075,667 while the median value for Units is $780,890.
  • Houses have a median rent of $950 while Units have a median rent of $680.
There are currently 18 properties listed for sale, and 17 properties listed for rent in East melbourne on OnTheHouse. According to Cotality's data, 232 properties were sold in the past 12 months in East melbourne.

Suburb Insights for East Melbourne 3002

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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.