16/53 Powlett Street, East Melbourne, VIC 3002 | Property Value & History | OnTheHouse
OFF MARKET

16/53 Powlett Street
East Melbourne VIC 3002

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 36m2
Land area: 1143m2
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Property Details for 16/53 Powlett St, East Melbourne

16/53 Powlett St, East Melbourne is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1959. The property has a land size of 1143m2 and floor size of 36m2.

Building Type
Unit
Year Built
1959
Floor Size
36m2
Land Size
1143m2
Local Government
Melbourne

Last Listing description (December 2023)

Perfectly situated in one of East Melbourne's most sought after and tightly held locales, Regent Gate is nestled within Melbourne's most exclusive suburb prized for its heritage architecture. This apartment offers a quality low maintenance lifestyle surrounded by some of Melbourne's finest amenities, and is located in a tranquil garden setting. Peacefully located within the rear of the building on the first floor, this unit is offering a great deal more than a standard studio. It features a separate tiled entry hall with built in storage. Leading off that is the full sized bathroom with shower over bath and laundry facilities, another built in wardrobe and washing machine provided. Modern cosy kitchenette with electric stove, built in cupboards, drawers and fridge provided. Light and spacious living/bedroom area with spacious walk in wardrobe or a cove to put a bed. This carpeted area leads to French door opening onto leafy green outlook. This tidy apartment is moments from trendy cafes and vibrant restaurants in Bridge Road, and the highly regarded Fitzroy Gardens. A short walk to ACU and Melbourne University. Key public transport options in Jolimont Train Station or Tram routes which leads directly to the Melbourne CBD. St Vincent Hospital and Epworth Hospital, a short walk to one of Australia's greatest sporting stadium The Melbourne Cricket Ground, easy access to the Eastern Freeway only 2.5kms (approx.) to the heart of Melbourne making this an exceptional studio.

Property History for 16/53 Powlett St, East Melbourne, VIC 3002

A timeline of how this property has performed in the market
Listed for Rent
$320/w
01 Jul 2022
  • 23 Aug 2023
    Listed for Sale Not Disclosed
  • 16 Jun 2022
    Listed for Rent $320 / week
  • 01 Apr 2019
    Listed for Rent - Price not available
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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 5,825 properties. Over the last 5 years, Houses in East Melbourne have seen a -15.67% decrease in median value, while Units have seen a -4.48% decrease. As at 31 August 2026:

  • The median value for Houses in East Melbourne is $3,187,953 while the median value for Units is $741,658.
  • Houses have a median rent of $1,200 while Units have a median rent of $695.
There are currently 13 properties listed for sale, and 15 properties listed for rent in East melbourne on OnTheHouse. According to Cotality's data, 231 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.