3/246 Albert Street, East Melbourne, VIC 3002 sold on 01 February 2026 | OnTheHouse
SOLD
Sold on 01 Feb 2026 for $1,050,000

3/246 Albert Street
East Melbourne VIC 3002

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 78m2
Land area: 1012m2
Sold By
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Woodards South Yarra
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Property Details for 3/246 Albert St, East Melbourne

3/246 Albert St, East Melbourne is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1930. The property has a land size of 1012m2 and floor size of 78m2. While the property is not currently for sale or for rent, it was last sold in February 2026. There are other 2 bedroom Unit sold in East Melbourne in the last 12 months.

Building Type
Unit
Year Built
1930
Floor Size
78m2
Land Size
1012m2
Local Government
Melbourne
Lot/Plan
3/RP18561

Last Listing description (March 2026)

On the very edge of the magnificent Fitzroy Gardens, 'Sherwood' stands as a timeless 1930s treasure - a boutique Art Deco enclave of just eighteen residences where elegance, history and serenity meet. Within this exclusive address, Apartment three is a rare gem: gracefully updated, bathed in natural light, and surrounded by leafy calm just moments from the city's heartbeat.Stepping inside, the warmth of new timber floors and soft morning light set a tone of effortless charm. A broad living and dining area invites both quiet relaxation and easy entertaining, flowing to a private balcony where coffee comes with a view of treetops and the tranquil rhythm of East Melbourne.The lightly renovated kitchen is fresh and functional, balancing character with practicality, while the sleek, fully tiled bathroom adds a touch of contemporary comfort. Two generous bedrooms offer sanctuary - the main with built-in robes and the second ideal as a guest room, study, or creative retreat. Throughout, classic Art Deco curves and proportions create a sense of airiness and grace, enhanced by the glow of a gas fireplace and thoughtful modern touches.With a car space on title and a position of unparalleled convenience, this is East Melbourne at its most enchanting. Wander through Fitzroy and Treasury Gardens to the CBD in minutes, or take advantage of nearby trams and trains at Jolimont, Parliament or North Richmond. World-class dining, theatre, sport and the Yarra are all effortlessly close - yet here, life feels quietly removed, wrapped in greenery and light.

Property History for 3/246 Albert St, East Melbourne, VIC 3002

A timeline of how this property has performed in the market
Last Sold
$1,050,000
01 Feb 2026
Listed for Rent
$540/w
01 Apr 2022
  • 01 Feb 2026
    Sold for $1,050,000
  • 13 Nov 2025
    Listed for Sale Contact Agent
  • 16 Mar 2025
    Listed for Rent $590 / 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 5,822 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 15 properties listed for sale, and 11 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.