Back 49/1 Wellington Crescent
Off Market

49/1 Wellington Crescent

East Melbourne VIC 3002

3
2
2
132 m²
Apartment
Last sold for $1,440,000
Paul Paul , last sold this property on 14 October 2025 after 29 days on market.

Overview

A Unique Escape Moments from Treasury Gardens

Just moments from Treasury and Fitzroy Gardens, this character-filled residence of some 132sqm presents a rare opportunity to enjoy East Melbourne living at its most connected. Tucked within a secure complex, the apartment offers a warm, well-kept interior across two levels, blending comfort, privacy, and city convenience. Step inside to a light-filled open plan living and dining zone where timber floors, bay windows, and leafy outlooks set an inviting tone. A galley kitchen sits neatly to the side, finished with Fisher & Paykel and Westinghouse appliances, timber flooring, and a tiled splashback a touch of classic charm. Downstairs, two bedrooms with built-in robes share a central bathroom, while upstairs a loft-style main suite enjoys elevated privacy with its own ensuite, creating a tranquil retreat. Split system cooling and wall heating provide year-round comfort. Beyond the private spaces, residents enjoy access to a communal swimming pool, beautifully maintained shared gardens, and secure entry with internet connectivity adding further ease to everyday life. Lifestyle continues beyond the front door with nearby tram routes, the CBD within walking distance, and iconic destinations such as the NGV, Federation Square, Degraves Street and Hardware Lane close by. Zoned for Richmond West Primary School and Collingwood College, the address suits both families and professionals seeking connection to Melbourne's best. A timeless apartment in a tightly held pocket, this is an opportunity to secure a residence that offers both everyday ease and the cultural vibrancy of the city on your doorstep.

Features

3 bedrooms
2 bathrooms
2 carspaces
132 m² floor area
Apartment

Estimated Value

Based on this property and similar 3 bedroom apartments sold in East Melbourne over the last 12 months, the estimated median property value of 49/1 Wellington Crescent is $1.46m.

Median value
$1.46m
Estimated value range
$1m - $2.44m
Median days on market
41
Estimated value trend
-6%
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 49/1 Wellington Crescent

2025
Sold
$1,440,000
Private Sale/Treaty on 14 Oct 2025 by Paul , of Property Initiatives Real Estate

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 3 bedroom apartments in East Melbourne

In the last 12 months, 16 three-bedroom apartments similar to 49/1 Wellington Crescent, have been sold.

This represents a 35% increase in three-bedroom apartments sales when compared to the previous 12 months.

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