8/53 Powlett Street, East Melbourne, VIC 3002 | Property Value & History | OnTheHouse
OFF MARKET

8/53 Powlett Street
East Melbourne VIC 3002

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Land area: 1143m2
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Property Details for 8/53 Powlett St, East Melbourne

8/53 Powlett St, East Melbourne is a 1 bedroom, 1 bathroom Unit and was built in 1959. The property has a land size of 1143m2.

Building Type
Unit
Year Built
1959
Land Size
1143m2
Local Government
Melbourne

Last Listing description (May 2022)

This charming apartment delivers all the romance of a bygone era. Regent's Gate is nestled within Melbourne's most exclusive suburb prized for its heritage architecture as much as for its close proximity to the CBD, Fitzroy Gardens, and the MCG.

This spacious and bright apartment would make a spectacular city home or astute investment. Offering a great deal more than a standard studio it features a separate entry, a fully equipped kitchen, large living area and a full-sized bathroom, which includes laundry facilities. The immaculate and elegant interior is perfectly complemented by the classic and faultless architecture including original paned windows and full-length doors. Perfectly positioned on the ground floor there will be no better place to enjoy the lush communal garden.

This inner-city sanctuary is truly a rare opportunity to buy an affordable property in one of Melbourne's premier tree-lined streets.

Property History for 8/53 Powlett St, East Melbourne, VIC 3002

A timeline of how this property has performed in the market
Listed for Rent
$325/w
22 Sep 2020
  • 04 May 2022
    Listed for Sale Private Sale $475,000
  • 30 Jul 2020
    Listed for Rent $325 / week
  • 18 Jan 2019
    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. 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.
There are currently 17 properties listed for sale, and 15 properties listed for rent in East melbourne on OnTheHouse. According to Cotality's data, 243 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.