2/48-54 Wellington ParadeEast Melbourne VIC 3002
Property Details for 2/48-54 Wellington Pde, East Melbourne
2/48-54 Wellington Pde, East Melbourne is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1939. The property has a land size of 768m2 and floor size of 61m2.
Last Listing description (December 2024)
Surrounded by some of Melbourne?s most iconic attractions, Apartment 214 is a stylish studio apartment filled with a plethora of natural light. Priced to sell quickly, this attractive apartment is ideal for the smart investor looking to expand their investment portfolio.
Apartment 214 features:
- Investment opportunity
- Annual 4% increase every 12 months
- 4 x 5-year options
- Kitchen with full amenity
- Generously sized bathroom and shower
- Private balcony overlooking the street treeline
Situated in the heart of the highly sought after suburb of East Melbourne, 48 Wellington Parade is just a short walk to Melbourne?s most prestigious highlights including the MCG, AAMII Park, Rod Laver Area and the city?s renowned shopping and entertainment hubs. With Jolimont Station and multiple tram and bus lines right at your doorstep, this highlighted location is accessible from all parts of the city.
*Please Note* Buxton Real Estate may refuse to provide further information about the property should you prefer not to disclose your Full Contact Details including Phone Number. Photo id required upon entering the property.
Property History for 2/48-54 Wellington Pde, East Melbourne, VIC 3002
- 17 Sep 2024Listed for Sale Not Disclosed
Recent sales nearby
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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 5,830 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.
Suburb Insights for East Melbourne 3002
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