86 Powlett Street, East Melbourne, VIC 3002 | Property Value & History | OnTheHouse
FOR RENT

86 Powlett Street
East Melbourne VIC 3002

Bedrooms: 4
Bathrooms: 2
Car spaces: -
Floor area: 258m2
Land area: 215m2
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Property Details for 86 Powlett St, East Melbourne

86 Powlett St, East Melbourne is a 4 bedroom, 2 bathroom House and was built in 1890. The property has a land size of 215m2 and floor size of 258m2.This Property is currently listed for rent with Love Real Estate - Reservoir

Building Type
House
Year Built
1890
Floor Size
258m2
Land Size
215m2
Local Government
Melbourne
Lot/Plan
1/TP894624

Last Listing description (August 2026)

Set within one of East Melbourne's most distinguished streetscapes, this magnificent four-bedroom, two-bathroom residence is a true statement in period elegance, grand proportions and versatile living.
Behind its beautifully preserved heritage faade lies a home that effortlessly combines timeless character with contemporary comfort. Soaring ceilings, ornate detailing, polished timber floors and exquisite period fireplaces create an atmosphere of sophistication, while the thoughtfully updated kitchen provides the functionality expected of modern living.
At the heart of the home, the spacious kitchen offers an abundance of bench space, quality appliances and plenty of room to entertain, flowing into the generous dining and living zones.

But perhaps the most extraordinary feature is found below an expansive underground space with endless possibilities. Whether imagined as a private cellar, wine room, entertaining retreat, home theatre, creative studio or an unforgettable space for milestone celebrations, this unique area offers a rare opportunity to create something truly your own.
Outside, a gorgeous private courtyard provides a peaceful extension of the home, complete with undercover parking - an exceptional convenience in such a prestigious inner-city location.
Property Highlights
Four generous bedrooms
Two bathrooms
Grand period interiors with timeless character
Beautiful polished timber floors
Open fireplaces adding warmth and charm
Spacious contemporary kitchen with extensive bench space
Generous dining and entertaining areas
Exceptional underground space with incredible potential
Private landscaped courtyard
Secure undercover parking
Prestigious East Melbourne location
A home of remarkable presence, history and possibility, this is East Melbourne living at its most distinctive.

To Apply:

Applications can be submitted electronically using 2Apply via the realestate.com listing, simply select the 'Apply' button located under the Property Manager's name on the listing. Alternatively, you can contact our office to request a PDF application form or simply pop in to collect a hard copy.

Property History for 86 Powlett St, East Melbourne, VIC 3002

A timeline of how this property has performed in the market
Last Sold
$1,160,000
26 Jun 1999
Listed for Rent
$1.08k/w
30 Mar 2011
  • 11 Aug 2026
    Listed for Rent $2,000 / week
  • 04 Mar 2011
    Listed for Rent - Price not available
  • 20 Nov 2010
    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 5,833 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 19 properties listed for sale, and 18 properties listed for rent in East melbourne on OnTheHouse. According to Cotality's data, 239 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.