31-33 Albert St, East Melbourne is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 491m2 and floor size of 137m2. While the property is not currently for sale or for rent, it was last sold in May 2023.
An impressive and very unique opportunity. A graceful Victorian double fronted home, on a generous allotment of approximately 489 square metres through to Buchan Lane, offers the astute buyer exciting possibilities for renovation, the potential to extend or develop (STCA).
Well back from the street, within a charming garden setting, the timeless period faade welcomes you to a home full of character with wide central hall, gloriously high ceilings and bright, oversized rooms. Featuring three double bedrooms (main with semi ensuite and one with French doors to courtyard), central bathroom, full width living, open plan living, dining and well equipped, immaculate timber kitchen with gorgeous garden outlook. Outside an undercover alfresco area and large, established garden, with double carport and easy vehicle access, via remote roller door from Buchan Lane (ROW). Additional features include multiple open fireplaces, separate laundry with storage, gas heating, ceiling fans and garden shed.
An exceptional location, in blue-chip East Melbourne, on the cusp of the CBD, within walking distance to medical precincts, the MCG, Fitzroy Gardens, Powlett Reserve Tennis Centre, Victoria Street shopping and eateries, Smith Street, trams, and North Richmond Station. A rare opportunity.
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 5,825 properties. Over the last 5 years, Houses in East Melbourne have seen a -9.53% decrease in median value, while Units have seen a 2.15% increase. As at 30 June 2026:
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