501/280 Albert Street, East Melbourne, VIC 3002 | Property Value & History | OnTheHouse
OFF MARKET

501/280 Albert Street
East Melbourne VIC 3002

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Land area: 8099m2
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Property Details for 501/280 Albert St, East Melbourne

501/280 Albert St, East Melbourne is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2019. The property has a land size of 8099m2. While the property is not currently for sale or for rent, it was last sold in August 2022.

Building Type
Unit
Year Built
2019
Land Size
8099m2
Local Government
Melbourne
Lot/Plan
88/PS545348

Last Listing description (August 2022)

In a prime location on level 5, opposite Fitzroy Gardens, with protected Park and City views to the south and west, this very generous (approx. 194sqm) front, corner apartment by well-regarded developer and internationally acclaimed architect team, Mirvac and Bates Smart, is both elegant and contemporary.

Its timeless pallet and customized high- end finishes, including New York's "Apparatus Studio" lighting, will appeal to the most discerning of buyers.

The open plan living and dining rooms enjoy expansive views as the seasons change and the sun sets over the City. Floor to ceiling double glazed glass windows and sliding doors open to a generous balcony.

The kitchen is a chef's dream and includes Italian designer Barraza gas cooktop. The long island bench provides a place for friends to gather. A plethora of storage extends into the scullery/butler's pantry, with full-length Miele integrated fridge, separate full-length freezer, 'Vintec' wine fridge, Barraza wall and steam ovens.

The main bedroom suite with access to the balcony enjoys well fitted robes and a 5* ensuite with free-standing oval bath, double vanities & walk in shower.

The second and third bedrooms offers BIR, and a westerly aspect taking in the East Melbourne landscape and St Andrews Cathedral Spire.

Other features include a study zone, separate laundry with ASCO drying cupboard, a powder room, central bathroom, ducted heating and cooling, double glazing, plus two secure basement car spaces and a storage locker with direct lift access and secure video entry.

For the entertainer, there is exclusive access to the Master's Club wine room which includes use of an individual, separate, secure wine storage fridge. Residents may also enjoy the 20m indoor heated pool, spa, steam room, fully equipped gymnasium, Yoga and Pilates room, Conservatory lounge and outdoor BBQ terrace, private dining room & kitchen, NBN ready business centre, 10 seat theatre and 24/7 Concierge service.

Walk to the CBD and its award-winning dining, Spring Street and Collins Street Theatres, Melbourne's famous sporting precinct, e.g., MCG, Tennis Centre, The National Gallery of Victoria, Fitzroy, Collingwood and Richmond artisan shops, cafes, and wine bars, with great access to transport and infrastructure including bike paths, M1 & Eastern Freeways, trams on Victoria Parade and Wellington Parade, North Richmond Station

Property History for 501/280 Albert St, East Melbourne, VIC 3002

A timeline of how this property has performed in the market
Last Sold
$3,800,000
08 Aug 2022
  • 08 Aug 2022
    Sold for $3,800,000
  • 08 Jul 2022
    Listed for Sale Expressions of Interest Closing 10 August at 12pm
  • 12 May 2016
    Sold for $3,105,940
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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.
There are currently 19 properties listed for sale, and 14 properties listed for rent in East melbourne on OnTheHouse. According to Cotality's data, 236 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.