558 Victoria ParadeEast Melbourne VIC 3002
Property Details for 558 Victoria Pde, East Melbourne
558 Victoria Pde, East Melbourne is a 4 bedroom, 1 bathroom House with 1 parking spaces and was built in 1890. The property has a land size of 207m2 and floor size of 123m2. While the property is not currently for sale or for rent, it was last sold in May 2001.
Last Listing description (August 2026)
One of East Melbourne's most affordable freestanding period homes, this untouched 4-bedroom, 1.5-bathroom residence delivers exceptional land size of approximately 204sqm and outstanding future potential.
Offered as the cheapest house opportunity in East Melbourne, this solid brick classic presents a rare chance to secure substantial land in a blue-chip location, with exciting scope to extend or transform (STCA). The flexible layout features a traditional hallway, elegant lounge, retro timber kitchen, four generous bedrooms across two levels, a central bathroom, powder room and full laundry.
The deep rear garden and paved entertaining area underscore the scale of the allotment - a standout for the area - while original period features remain intact, including soaring 3.3m (approx.) ceilings, picture rails, high skirting boards and original fireplaces, highlighted by a striking marble fireplace.
Positioned opposite two tram routes and moments from Powlett Reserve, Fitzroy Gardens, Jolimont Station, Yarra Park and the MCG, this is an unmatched opportunity to buy land, location and long-term upside at an entry-level price point for East Melbourne.
Property History for 558 Victoria Pde, East Melbourne, VIC 3002
- 26 Aug 2025Listed for Sale $1,575,000
- 19 Mar 2025Listed for Sale $1,595,000
- 10 May 2022Listed for Rent $700 / week
Recent sales nearby
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0About 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 5,829 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.
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