Back 127 Grey Street
Off Market

127 Grey Street

East Melbourne VIC 3002

4
2
3
289 m²
House
Monique DepierreMonique Depierre, last sold this property on 07 October 2025 after 68 days on market.

Overview

A rare offering of character, comfort and considered potential

Exclusively positioned in one of Melbourne's most coveted and tightly held pockets, this circa 1866 Victorian terrace blends timeless charm with exceptional potential, just a short stroll from Fitzroy Gardens and Powlett Reserve. Cherished by the same family for nearly sixty years, this graceful two-storey residence stands proudly within a peaceful streetscape that belies its proximity to the CBD and Melbourne's cultural heart. Beyond its ornate façade adorned with delicate latticework, a wide hallway with soaring ceilings, baltic wooden flooring and an original decorative arch welcomes. To the left, a spacious sitting room with marble fireplace, intricate ceiling rose and custom shelving offers an inviting retreat, while a formal dining room provides an elegant space for entertaining. At the centre of the residence, an early renovation by esteemed architect Daryl Jackson AO later renowned for designing landmark buildings such as the County Court of Victoria - introduces a relaxed kitchen and casual meals area beneath a striking sloped glass ceiling. This light-filled space opens to a private courtyard garden, ideal for alfresco dining and year-round enjoyment A carport and prized off-street parking for three vehicles at the rear further enhance the home's liveability. Upstairs, a split landing reveals three serene bedrooms, including a sun-drenched main suite with built-in robes and original sash windows opening to a north-facing terrace - perfect for enjoying your morning coffee amid leafy streetscape views. Comfortable as is, the home offers exciting scope for further enhancement or extension (STCA), inviting the next custodian to build upon its rich legacy. Additional features include a downstairs bedroom/study, laundry with shower, powder room, family bathroom, under-stair storage, reverse-cycle heating and cooling, a versatile external workshop with power and additional outdoor storage. Position, heritage and possibility converge in this exceptional opportunity. With Melbourne's finest offerings, from the MCG and Yarra River trails to vibrant restaurants, cafés, and transport links all within easy reach, this is a rare chance for the discerning buyer to create a stunning home at a blue-chip address in East Melbourne.

Features

4 bedrooms
2 bathrooms
3 carspaces
289 m² lot size
House

Estimated Value

Based on this property and similar 4 bedroom houses sold in East Melbourne over the last 12 months, the estimated median property value of 127 Grey Street is $3.4m.

Median value
$3.4m
Estimated value range
$3.4m - $3.4m
Median days on market
53
Estimated value trend
-38%
decrease 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 127 Grey Street

2025
Sold
Undisclosed
Private Sale/Treaty on 07 Oct 2025 by Monique Depierre, of Kay & Burton Stonnington

Happy sellers in East Melbourne

85%
85% 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 9 reviews in East Melbourne over the last 12 months.

Local market activity for 4 bedroom houses in East Melbourne

In the last 12 months, 4 four-bedroom houses similar to 127 Grey Street, have been sold.

This represents a 55% increase in four-bedroom houses sales when compared to the previous 12 months.

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