Back 5/53 Powlett St
Off Market

5/53 Powlett St

East Melbourne VIC 3002

1
1
Unit
Last sold for $445,000
Domenic ZanelliniDomenic Zanellini, last sold this property on 14 November 2025 after 56 days on market.

Overview

Invest or Occupy - City Fringe Georgian Gem at ‘Regents Gate’

This ground floor, inner city apartment is a rare opportunity to buy an affordable historic property in one of Melbourne's premier tree lined streets. Regents Gate was built by Bernard Evan in 1939, twenty-four apartments arranged in two symmetrical, three storey wings, creating a U-shape with a central garden. It is built in Georgian character. This corner apartment has timber floors, tiled bathroom, an updated U-Shaped modern kitchen and is flooded with vast natural light, the windows are fitted with plantation shutters and a French door opening onto the central garden. It has a functional layout and the bathroom houses the euro style laundry. Whether you are looking for a perfect Melbourne crash pad, or trying to enter the property market as a first home-buyer, this apartment is ideal. Close proximity to the CBD and surrounds, you can easily explore the sights of Melbourne with the convenience of trams nearby into the city or short stroll to the MCG.

Features

1 bedroom
1 bathroom
Unit

Estimated Value

We need at least 3 similar 1 bedroom units sold in East Melbourne over the last 12 months.

Property history for 5/53 Powlett St

2025
Sold
$445,000
14 Nov 2025 by Domenic Zanellini, of Dingle Partners
2020
Rented
Undisclosed
Leased on 22 Oct 2020 by Dingle Partners
2018
Rented
Undisclosed
Leased on 08 Aug 2018 by Dingle Partners

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 1 bedroom units in East Melbourne

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