178 George Street, East Melbourne, VIC 3002 | Property Value & History | OnTheHouse
OFF MARKET

178 George Street
East Melbourne VIC 3002

Bedrooms: 5
Bathrooms: 3
Car spaces: -
Land area: 1018m2
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Property Details for 178 George St, East Melbourne

178 George St, East Melbourne is a 5 bedroom, 3 bathroom House. The property has a land size of 1018m2.

Building Type
House
Land Size
1018m2
Local Government
Melbourne
Lot/Plan
2/RP16576

Last Listing description (April 2026)

Braemar is a grand Victorian mansion with refined Georgian influences, rich in period detail, character and timeless elegance. Constructed in bluestone, this remarkable residence delivers a rare opportunity to enjoy historic prestige seamlessly enhanced by substantial modern additions.

The ground floor is designed for both grand entertaining and everyday living, featuring an elegant drawing room, sitting room, library, formal dining room with bay window, and a magnificent ballroom adorned with beautiful cornicing. At the back of the house you have a modern, spacious kitchen with Miele appliances, adjacent is a meals and living area opening to a private courtyard, ideal for alfresco entertaining, complemented by a laundry and cellar.

An impressive extension introduces a lift servicing all levels and culminates in a luxurious master suite, complete with a generous walk-in robe and expansive ensuite bathroom, offering a private retreat of exceptional comfort. The first level also includes additional bedrooms, bathrooms and a light-filled studio or home office, providing flexibility for family living or working from home.

Further highlights include hydronic heating, a secure private front gate, a comprehensive security system, and a substantial eight-car basement garage with ample storage space. Thoughtfully laid out with five toilets, offering added convenience with one on every level of the home.

Positioned in one of Melbournes most tightly held and sought-after streets, the home offers an unrivalled lifestyle on the doorstep of the CBD, Fitzroy Gardens, the MCG, Tennis Centre and the Yarra precinct. Originally built for William Bowen and designed by renowned architect Leonard Terry, the home reflects architectural significance, enduring sophistication and exceptional scale.

**If this property is of interest to you, please ensure that you register your interest by clicking on the 'Get in touch' button, so that you are kept up to date with inspections, price changes and similar properties that may be suitable. We assure you that your details remain confidential and are only used for the purpose of securing you a property. https://kayburton.com.au/privacy-policy **

Property History for 178 George St, East Melbourne, VIC 3002

A timeline of how this property has performed in the market
  • 05 Feb 2026
    Listed for Rent $5,500 / week
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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 5,823 properties. Over the last 5 years, Houses in East Melbourne have seen a 24.16% increase in median value, while Units have seen a 0.80% increase. As at 31 May 2026:

  • The median value for Houses in East Melbourne is $3,115,513 while the median value for Units is $764,907.
  • Houses have a median rent of $1,000 while Units have a median rent of $690.
There are currently 14 properties listed for sale, and 14 properties listed for rent in East melbourne on OnTheHouse. According to Cotality's data, 260 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.