302/140 Gipps Street, East Melbourne, VIC 3002 | Property Value & History | OnTheHouse
OFF MARKET

302/140 Gipps Street
East Melbourne VIC 3002

Bedrooms: 2
Bathrooms: 2
Car spaces: 3
Floor area: 136m2
Land area: 13182m2
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Last updated 31 Aug 2026
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Property Details for 302/140 Gipps St, East Melbourne

302/140 Gipps St, East Melbourne is a 2 bedroom, 2 bathroom Unit with 3 parking spaces and was built in 2005. The property has a land size of 13182m2 and floor size of 136m2. While the property is not currently for sale or for rent, it was last sold in July 2024.

Building Type
Unit
Year Built
2005
Floor Size
136m2
Land Size
13182m2
Local Government
Melbourne
Lot/Plan
GS302/PS602497

Last Listing description (April 2025)

Perfectly positioned in this small boutique complex, this flawless property is a class above with its stunning luxurious style, sensational outdoor entertaining spaces, and refined elegance.

This superbly proportioned 2 bedroom + study, 2 bathroom apartment has no equal. An attentive floorplan allows for both open and private living, while floor-to-ceiling windows lets the natural light flow throughout. The generous living and dining zone is graced with a tranquil stone fireplace sure to keep you warm in winter, while a built-in entertainment unit with mounted flat screen TV and Bose speakers adds a high degree of sophistication.


The kitchen is decked out with quality marble surfaces and includes a handy island bench, soft-closing drawers, and premium Miele appliances, while the enormous master bedroom has walk through robes and a sumptuous double vanity ensuite with large shower and freestanding bath. The 2nd bedroom has ample robe storage, while both bedrooms have access to the long private balcony with amazing views of the city and Melbourne Cricket Ground.

You'll absolutely love the enormous outdoor terrace when the warmer months arrive, which is fitted with a built-in stone BBQ with fridge, sink, and storage, and exhibits uninterrupted 180-degree views which take in the Dandenong Ranges. Other impressive inclusions of this apartment are the private study, gorgeous central bathroom, European laundry, central heating and cooling, automated roller blinds, video intercom entry, touch lights, large basement storage room, and three side-by-side secure car spaces.

Never get tired of living the relaxed East Melbourne lifestyle, where you're positioned close to Fitzroy Gardens, Treasury Gardens, MCG, Melbourne's lively theatre district, an array of CBD restaurants, cafes, bars and boutique shopping, local trams, Jolimont Station, and a short drive to Bridge Road and the Eastern Freeway.

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Property History for 302/140 Gipps St, East Melbourne, VIC 3002

A timeline of how this property has performed in the market
Last Sold
$2,845,000
12 Jul 2024
Listed for Rent
$1.25k/w
09 Jun 2023
  • 12 Jul 2024
    Sold for $2,845,000
  • 19 Dec 2023
    Listed for Rent $1,350 / week
  • 28 Mar 2023
    Listed for Rent $1,350 / 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 5,831 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 13 properties listed for rent in East melbourne on OnTheHouse. According to Cotality's data, 241 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.