8/246 Albert Street, East Melbourne, VIC 3002 | Property Value & History | OnTheHouse
OFF MARKET

8/246 Albert Street
East Melbourne VIC 3002

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 64m2
Land area: 1012m2
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Property Details for 8/246 Albert St, East Melbourne

8/246 Albert St, East Melbourne is a 1 bedroom, 1 bathroom Unit and was built in 1930. The property has a land size of 1012m2 and floor size of 64m2. While the property is not currently for sale or for rent, it was last sold in August 2022.

Building Type
Unit
Year Built
1930
Floor Size
64m2
Land Size
1012m2
Local Government
Melbourne
Lot/Plan
8/RP18561

Last Listing description (August 2022)

This ground floor apartment, quietly set towards the rear of the building, enjoys the morning sun, with a number of restored original features, within the boutique "Sherwood" 1940 development. Opposite Fitzroy Gardens, the location is sublime!

With a floor plan similar to a small cottage, and timber floors throughout, a spacious separate lounge and dining room include a charming bay window, wall heater and green outlook.

The bedroom has a built in robe, split system air conditioner for all year comfort while the bathroom includes a laundry zone and is accessed off the passage.

The modern kitchen with black and white checkered floor and fun red splash back includes a dishwasher and window bench at which to enjoy your breakfast.

Everything is in close proximity: walk or cycle work to the CBD for Melbourne's array of awarding wining restaurants, The National Gallery of Victoria, Theatres on Spring and Collins Street, our famous sporting precinct including the MCG, Smith, Gertrude and Johnston Street for cafes, wine bars, artisan shopping or dine and shop on Victoria Street, Abbotsford, or Bridge Rd, Richmond your choices are abundant. Queen Victoria markets a few Tram stops away for all your fresh produce. Hop on the Tram on Victoria Parade, or Wellington Parade South, Trains at Richmond North or Jolimont Stations.

Whether a first home, investment or Melbourne base, this polished Gem will not disappoint on inspection.

Property History for 8/246 Albert St, East Melbourne, VIC 3002

A timeline of how this property has performed in the market
Last Sold
$726,000
04 Aug 2022
Listed for Rent
$425/w
30 Jul 2020
  • 04 Aug 2022
    Sold for $726,000
  • 12 Jul 2022
    Listed for Sale SOLD: Undisclosed
  • 18 Jun 2020
    Listed for Rent $425 / week
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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 5,833 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.
There are currently 20 properties listed for sale, and 17 properties listed for rent in East melbourne on OnTheHouse. According to Cotality's data, 236 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.