55 Gipps Street, East Melbourne, VIC 3002 sold on 29 October 2025 | OnTheHouse
SOLD
Sold on 29 Oct 2025 for $4,160,000

55 Gipps Street
East Melbourne VIC 3002

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
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Property Details for 55 Gipps St, East Melbourne

55 Gipps St, East Melbourne is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1880. While the property is not currently for sale or for rent, it was last sold in October 2025. There are other 3 bedroom House sold in East Melbourne in the last 12 months.

Building Type
House
Year Built
1880
Local Government
Melbourne
Lot/Plan
1/LP32733

Last Listing description (May 2024)

LARGE THREE BEDROOM HOME - OPPOSITE DARLING GARDENS

Welcome to a remarkable contemporary transformation of a classic Victorian terrace. This stunning home is a true entertainer's delight, boasting multiple distinct living zones and seamless indoor/outdoor entertaining zones, perfectly poised opposite the serene beauty of Darling Gardens.

The moment you step through the door, you'll be impressed by the sheer level of space, light, and volume. From the formal sitting and dining rooms featuring ornamental fireplaces to the spacious family room and kitchen, including butlers pantry.

Features:

Gourmet Kitchen: Indulge your inner chef in the gourmet kitchen, complete with a Falcon stove, perfect for creating culinary masterpieces and hosting unforgettable gatherings.

Three Versatile Living Areas: From relaxed family nights to elegant soirées, enjoy the flexibility of three distinct living areas, ensuring everyone finds their perfect spot to unwind.

Master Bedroom: The generous master bedroom offers unparalleled comfort and luxury, featuring high ceilings, ornamental fireplace and generously proportioned built-in-robe.

Additional Bedrooms: Two additional bedrooms at the rear provide ample accommodation.

Added Amenities: Additional powder room, bath tub and lock up storage shed.

Polished Timber Floors: Elegant polished timber floors add timeless charm and easy maintenance to the living spaces, creating an inviting atmosphere throughout.

Fully Renovated Bathrooms: Luxuriate in the fully renovated bathrooms, where modern design meets functionality, offering a serene sanctuary for relaxation.

Hydronic Heating and Air Conditioning: Stay comfortable year-round with hydronic heating and air conditioning, ensuring optimal climate control whatever the season.

Double Garage with Rear Lane Access: Enjoy the convenience of a double garage with rear lane access, providing ample space for secure parking and storage.

Spacious Rear Yard: Step outside to a spacious rear yard, perfect for outdoor entertaining, gardening, or simply soaking up the sunshine in your private oasis.

Superbly positioned on tranquil and leafy Gipps Street in the coveted pocket of East Melbourne, moments from Fitzroy Gardens, the CBD, MCG, trams, cafes, and Jolimont station, this magnificent home offers the exceptional Melburnian lifestyle you've been dreaming of.

Arrange your inspection today and prepare to be captivated by this extraordinary residence.

Property History for 55 Gipps St, East Melbourne, VIC 3002

A timeline of how this property has performed in the market
Last Sold
$4,160,000
29 Oct 2025
  • 02 Apr 2024
    Listed for Rent $1600 per week
  • 29 Feb 2016
    Listed for Rent - Price not available
  • 06 Jul 2013
    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. It has 10 parks covering nearly 46.0% of 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 5,833 properties. Over the last 5 years, Houses in East Melbourne have seen a 57.51% increase in median value, while Units have seen a -12.63% decrease. As at 31 January 2026:

  • The median value for Houses in East Melbourne is $3,447,492 while the median value for Units is $753,149.
  • Houses have a median rent of $788 while Units have a median rent of $665.
There are currently 11 properties listed for sale, and 11 properties listed for rent in East melbourne on OnTheHouse. According to Cotality's data, 246 properties were sold in the past 12 months in East melbourne.

Suburb Insights for East Melbourne 3002

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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.