3/40 Webb LaneEast Melbourne VIC 3002
Property Details for 3/40 Webb Lane, East Melbourne
3/40 Webb Lane, East Melbourne is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1990. The property has a land size of 5111m2 and floor size of 85m2. While the property is not currently for sale or for rent, it was last sold in September 2022.
Last Listing description (December 2024)
Webb Lane, lined with trees and cobblestones, offers a serene entry to this charming two-bedroom first-floor residence. This hidden treasure is bound to captivate both homeowners and investors.
As you step inside the apartment, you're welcomed by elegant timber hybrid floors and an expansive feeling. The generously sized living area features double-glazed, floor-to-ceiling bi-fold doors that lead to a spacious outdoor courtyard. The newly renovated galley-style kitchen boasts top-quality Smeg stainless steel appliances, ample storage, and striking Caesarstone countertops, complemented by a movable island. Both bedrooms are spacious, equipped with built-in wardrobes and soft carpeting.
Additional highlights include secure underground parking, one on-street parking permit available, reverse-cycle ducted air conditioning, abundant internal storage, and a boutique, tightly-held block.
Situated within walking distance of the CBD, nestled near the MCG, and just a short stroll from the dining and shopping options on Bridge Road, this residence is sure to impress.
Property History for 3/40 Webb Lane, East Melbourne, VIC 3002
- 03 Nov 2024Listed for Rent $799 / week
- 09 Nov 2022Listed for Rent $725 / week
- 10 Sep 2022Sold for $1,155,000
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 5,829 properties. Over the last 5 years, Houses in East Melbourne have seen a -10.47% decrease in median value, while Units have seen a -2.25% decrease. As at 31 July 2026:
- The median value for Houses in East Melbourne is $3,171,102 while the median value for Units is $751,974.
- Houses have a median rent of $1,150 while Units have a median rent of $680.
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