Back 10/27 Powlett Street
Off Market

10/27 Powlett Street

East Melbourne VIC 3002

2
1
1
Apartment
Last sold for $640,000
Nikola DrendelNikola Drendel, last sold this property on 17 July 2014 after 49 days on market.

Overview

Spacious light filled two bedroom apartment

Enjoying a sunny north-facing aspect, this immaculately maintained two bedroom apartment presents an ideal entry into the East Melbourne market for the owner occupier or astute investor. The position is absolutely fabulous just a quick stroll to Wellington Parade cafes, the MCG, along with trams, Fitzroy Gardens, Yarra Park, Bridge Road restaurants and shops just moments away. Securely accessed via intercom, the apartment comprises a hallway entrance, two double sized bedrooms with built-in robes and leafy views, and are zoned away from the spacious living room, which is bathed in natural light and can easily accommodate relaxing plus guests for dinner. Perfectly maintained, the separate kitchen has a gas stove, plus wrap around benches with great storage, and presents an excellent renovation opportunity. Comfortable all year round with two split-system air-conditioners, and laundry facilities in the bathroom. There is also a ground floor car park which is under cover in its own bay area Nikola Drendel : 0458003515

Features

2 bedrooms
1 bathroom
1 carspace
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in East Melbourne over the last 12 months, the estimated median property value of 10/27 Powlett Street is $755k.

Median value
$755k
Estimated value range
$440k - $3.95m
Median days on market
34
Estimated value trend
2%
increase over the last 12 months
Average days on market is based on recent, comparable sales in East Melbourne. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 10/27 Powlett Street

2023
Rented
Undisclosed
Leased on 27 Apr 2023 by Dingle Partners
2019
Rented
Undisclosed
Leased on 08 Aug 2019 by Dingle Partners
2014
Sold
$640,000
Sold After Auction on 17 Jul 2014 by Nikola Drendel, of Dingle Partners

Happy sellers in East Melbourne

84%
84% of sellers in East Melbourne reported that their sale price either exceeded or met their price expectations.

East Melbourne stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 6 reviews in East Melbourne over the last 12 months.

Local market activity for 2 bedroom apartments in East Melbourne

In the last 12 months, 52 two-bedroom apartments similar to 10/27 Powlett Street, have been sold.

This represents a 34% increase in two-bedroom apartments sales when compared to the previous 12 months.

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