5/40 Webb Lane, East Melbourne, VIC 3002 | Property Value & History | OnTheHouse
OFF MARKET

5/40 Webb Lane
East Melbourne VIC 3002

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 100m2
Land area: 5111m2
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Property Details for 5/40 Webb Lane, East Melbourne

5/40 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 100m2. While the property is not currently for sale or for rent, it was last sold in July 2012.

Building Type
Unit
Year Built
1990
Floor Size
100m2
Land Size
5111m2
Local Government
Melbourne
Lot/Plan
43/PS310669

Last Listing description (November 2023)

***TO BOOK A TIME TO INSPECT, SIMPLY CLICK ON BOOK AN INSPECTION TIME OR EMAIL AGENT TO BE NOTIFIED OF INSPECTION TIMES. BY REGISTERING, YOU WILL BE INSTANTLY INFORMED OF ANY UPDATES, CHANGES OR CANCELLATIONS FOR YOUR APPOINTMENT. IF YOU DO NOT REGISTER FOR AN INSPECTION, ACCESS MAY NOT BE PROVIDED***

Experience the luxury of this two-bedroom, dual-level apartment that gracefully overlooks the charming cobblestones of Webb Lane. Positioned above East Melbourne, it offers stunning 180-degree views, including a captivating perspective of the iconic MCG. Conveniently located within a leisurely stroll to the CBD, MCG, Fitzroy Gardens, Bridge Road's lively cafes and restaurants, and the serene Yarra River.

This exquisite residence boasts mesmerizing views from its spacious open-plan living/meals area, complemented by an expansive terrace ideal for delightful entertaining. The thoughtfully renovated kitchen is adorned with stone benchtops, induction cooktop and dishwasher. Both bedrooms feature built-in wardrobes and block out blinds, and a stunningly removated large bathroom adds to the sophisticated ambiance. A separate laundry, ducted heating, refrigerated cooling, intercom for added security, secure access, and a single undercover car space enhance the overall comfort and convenience.

As an added benefit, water bills are included in the rental amount. Nestled in a prestigious locale, this residence presents an extraordinary opportunity for those who appreciate generous living spaces, a prime location, and a sophisticated lifestyle!

*** For guaranteed access, please arrive at the allotted inspection start time ***

APPLYING - Apply online via 2Apply. The application will be emailed to you after you have inspected the property.
LEASE TERMS - 12 MONTHS unless otherwise specified.
PARKING PERMITS - Whilst parking permits are available for most properties, please confirm with the local council before applying for the property.
PHOTO ID MUST BE PROVIDED UPON ENTRY AT THE PROPERTY

BIGGIN SCOTT RICHMOND - NO 1 FOR PROPERTY MANAGEMENT

Property History for 5/40 Webb Lane, East Melbourne, VIC 3002

A timeline of how this property has performed in the market
Last Sold
$670,000
25 Jul 2012
Listed for Rent
$775/w
15 Nov 2023
  • 15 Nov 2023
    Listed for Rent $775 / week
  • 29 May 2017
    Listed for Rent - Price not available
  • 25 Mar 2014
    Listed for Rent - Price not available
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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 -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.
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.