61-63 Grey Street, East Melbourne, VIC 3002 | Property Value & History | OnTheHouse
OFF MARKET

61-63 Grey Street
East Melbourne VIC 3002

Bedrooms: 4
Bathrooms: 4
Car spaces: 2
Floor area: 424m2
Land area: 511m2
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Property Details for 61-63 Grey St, East Melbourne

61-63 Grey St, East Melbourne is a 4 bedroom, 4 bathroom House with 2 parking spaces and was built in 1866. The property has a land size of 511m2 and floor size of 424m2. While the property is not currently for sale or for rent, it was last sold in January 2018.

Building Type
House
Year Built
1866
Floor Size
424m2
Land Size
511m2
Local Government
Melbourne
Lot/Plan
1/TP888549

Last Listing description (December 2016)

Unique, picturesque, freestanding and private, this magnificent 1866 single-level period residence sits elegantly in one of East Melbourne's most tightly held precincts opposite Powlett Reserve and has been cleverly extended to provide substantial four bedroom, three bathroom family accommodation wrapped around a secluded garden oasis flooded in natural light, on over 500sqm of land.
Built in 1866 by Murray and Hill, who were recognised as the most notable builders in East Melbourne at the time; the home was comprehensively renovated and extended by the current owners to re-create its Victorian aura of elegance while creating a modern family home. The result was so impressive; the home was featured in several design magazines.
The extension runs down the eastern side of the property for maximum privacy and to open the house up to the western light and private garden aspects. Towering ceilings with delicate cornices, marble fireplace mantels and lustrous timber floors provide a beautiful backdrop to the serenely soaring interior with the freedom of flowing space on a most surprising and exceptional scale.

A formal sitting room sits proudly in its refinement at the front of the house overlooking the park; while the core of the home opens out to a vast dining room and adjoining living room set beneath a soaring vaulted skylight with the warmth of a Jetmaster fireplace and French doors seamlessly linking to the beautiful entertainer's garden with feature pond flooded in sun from the north and west.
The kitchen features the same pitched ceiling for a dramatic effect which is enhanced by the use of specially designed lighting. A wall of windows above the sink overlooks the terrace filling the room with light and forging a convenient link with the outdoor dining area.
A rumpus room leading out to the garden serves two double fitted bedrooms with garden aspects; while two further fitted bedrooms are located in the original part of the house including the tranquil northern main bedroom overlooking the park with a walk-in robe and sublime stone finished en suite. Two further bathrooms serve the needs of a family in style.
Despite its heritage, the home is very much in line with 21st century priorities with 1.5 kilowatts of solar power, hydronic heating, a double garage accessed via a rear laneway, alarm, excellent storage including a store room and vast attic storage. and a love of natural light harnessed through west-facing glass and abundant skylights.
The undeniable appeal of this period home is made utterly irresistible by the lifestyle it offers in the heart of Melbourne within minutes of Victoria Street's restaurant district, the CBD and its Arts precinct, Melbourne's sporting venues, Fitzroy Gardens and trams.

Property History for 61-63 Grey St, East Melbourne, VIC 3002

A timeline of how this property has performed in the market
Last Sold
$5,686,000
22 Jan 2018
  • 22 Jan 2018
    Sold for $5,686,000
  • 04 Nov 2016
    Listed for Sale Expressions of Interest closing 5th Dec at 5pm
  • 13 Mar 1982
    Listed for Sale Not Disclosed
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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 5,822 properties. Over the last 5 years, Houses in East Melbourne have seen a 24.16% increase in median value, while Units have seen a 0.80% increase. As at 31 May 2026:

  • The median value for Houses in East Melbourne is $3,115,513 while the median value for Units is $764,907.
  • Houses have a median rent of $1,000 while Units have a median rent of $690.
There are currently 14 properties listed for sale, and 18 properties listed for rent in East melbourne on OnTheHouse. According to Cotality's data, 264 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.