4/116-120 Albert StreetEast Melbourne VIC 3002
Property Details for 4/116-120 Albert St, East Melbourne
4/116-120 Albert St, East Melbourne is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1975. The property has a land size of 606m2. While the property is not currently for sale or for rent, it was last sold in February 2025.
Last Listing description (April 2025)
Set on the first floor of a 12 only complex, presenting an ideal opportunity for first-home buyers or investors seeking to secure a foothold into East Melbourne.
Positioned opposite expansive parklands and tennis courts, this cozy one-bedroom apartment offers exceptional convenience with easy access to the city, trams along Victoria Street, the hospital precinct, Fitzroy Gardens, and a range of local cafes and shops.
Includes secure intercom entry, an open-plan living space with air conditioning, and a well-appointed kitchen area with a breakfast bench. The separate bedroom has built-in robes, a ceiling fan and ensuite bathroom with a bath. A shared laundry facility services the two apartments on level one and permit parking application is available for added convenience.
Property History for 4/116-120 Albert St, East Melbourne, VIC 3002
- 19 Mar 2025Listed for Rent $430 / week
- 12 Feb 2025Sold for $365,000
- 05 Dec 2024Listed for Sale UNDER OFFER
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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 5,817 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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