502/370 Albert Street, East Melbourne, VIC 3002 | Property Value & History | OnTheHouse
OFF MARKET

502/370 Albert Street
East Melbourne VIC 3002

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Land area: 1209m2
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Last updated 6 Jul 2026
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Property Details for 502/370 Albert St, East Melbourne

502/370 Albert St, East Melbourne is a 3 bedroom, 2 bathroom Unit with 2 parking spaces. The property has a land size of 1209m2.

Building Type
Unit
Land Size
1209m2
Local Government
Melbourne
Lot/Plan
502/PS834378

Last Listing description (May 2026)

New Price $5,650,000 - $5,950,000

Overlooking the sweeping expanse of Fitzroy Gardens with the glow of the MCG lights and Rod Laver Arena rising beyond, this spectacular three-bedroom residence within the prestigious 370 Albert collection represents a compelling new chapter for East Melbourne living. Conceived by Orchard Piper, a boutique collection of just thirteen residences, the architecture responds thoughtfully to Albert Streets historic streetscape, drawing the elevated park-front landscape deep into the interior experience.

Finishes of engineered oak flooring, full-height glass and soaring ceilings shape gallery-like interiors. Generous living and dining zones extend toward the park panorama, centring both the entertaining domain and terrace on the remarkable outlook. Curved marble surfaces define the gourmet kitchen, supported by premium cabinetry and a full Miele appliance suite, including integrated French door refrigeration, while a gas fireplace follows the graceful curvature of the living zone. Accommodation continues at the same level of design sophistication, led by the main bedroom, fitted with Poliform leather-finished robes and a marble en suite with dual vanities, twin showers, and underfloor heating, while two additional bedrooms are privately arranged toward the rear, alongside an equally striking second bathroom.

Secure with an on-site building manager and concierge services, and appointed with zoned reverse cycle heating and cooling, keypad entry, video intercom, lift access, motorised bedroom blinds and secure basement parking for two vehicles, the residence places East Melbournes celebrated city-edge lifestyle moments from Collins Street, renowned dining, theatres, cafs and transport.

Proudly marketed internationally by Stonnington | Melbourne Sothebys International Realty

Property History for 502/370 Albert St, East Melbourne, VIC 3002

A timeline of how this property has performed in the market
  • 12 Mar 2026
    Listed for Sale EOI closes Thursday 16 April 1:00pm
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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 5,825 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:

  • The median value for Houses in East Melbourne is $3,075,667 while the median value for Units is $780,890.
  • Houses have a median rent of $950 while Units have a median rent of $680.
There are currently 15 properties listed for sale, and 12 properties listed for rent in East melbourne on OnTheHouse. According to Cotality's data, 237 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.