512/162 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 58m2. While the property is not currently for sale or for rent, it was last sold in August 2022.
Ideally situated in one of Melbourne's most desirable inner-city suburbs and within the landmarked Victoria Brewery, this beautiful 2 bedroom property can either be somewhere to call home or alternatively invest in.
In exceptional condition, this north facing apartment includes a spacious open plan living and dining room, convenient kitchen with stone bench tops equipped with quality appliances, two double bedrooms, a Euro laundry in the centrally-located bathroom and heating/air-conditioning.
Complete with private balcony, secure car parking, security entrance and access to a resort-like rooftop pool and gym. This is an excellent opportunity to secure a property in a desirable position, within walking distance to the Fitzroy Gardens, Melbourne Cricket Ground, Gertrude and Smith Street precincts and the CBD.
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 5,832 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:
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