511/162 Albert St, East Melbourne is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2004. The property has a land size of 8358m2 and floor size of 68m2. While the property is not currently for sale or for rent, it was last sold in May 2025. There are other 2 bedroom Unit sold in East Melbourne in the last 12 months.
Perched high inside Lovell Chens inspired revamp of the historic Victoria Brewery, this oversized apartment offers quiet, refined, and sun splashed access to inner Melbournes most exclusive setting. Quite literally metres from the iconic MCG precinct, ever animated Gertrude and Smith streets, Richmonds countless allures, trains and trams for cross town commutes, and Fitzroy Gardens revealing the citys prestigious East End, the home itself proves equally attractive for professionals, downsizers, and yield minded investors. With windows across open northern and eastern sides, brilliant natural light enriches a broad living/dining area and covered balcony, with a fitted study desk tailor made for home workdays. A walk in robe and entire wall of storage enhance master and guest rooms respectively, while other highlights include reverse cycle heating and cooling, a smart central bathroom, stone top kitchen, European laundry, intercom, secure car space, and access to the buildings pool and gym.
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 5,823 properties. Over the last 5 years, Houses in East Melbourne have seen a 24.75% increase in median value, while Units have seen a 5.00% increase. As at 30 April 2026:
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