Selling points: East Melbourne has enjoyed consistent capital growth, is very tightly held and is at close proximity to major hospitals, universities and the CBD. Transport includes easy access to tram, train and bus services, major arterials or alternatively a brisk walk to the city centre. With a warm and welcoming community, East Melbourne also boasts rich parklands, open green spaces and wide, landscaped streets. Locals also enjoy access to the very best in fine dining, sporting facilities, shopping and art and cultural events.
Most sought after properties: Two-bedroom houses and large two-bedroom apartments are the most popular. There is also good demand for larger, more expensive homes comprising of three bedrooms or more.
Most common properties: Grand Victorian townhouses and art deco buildings.
Top amenities: Melbourne’s specialist medical facilities are nearby, while multiple transport options at your doorstep provide easy access to major sporting complexes.
Local industry and business: Major hospitals, sporting complexes, car dealerships, and cafes/restaurants.
Recent changes: Council is committed to the preservation and upkeep of parks, gardens and streetscapes, in this premier suburb. There has been little recent development aside from the prestigious Mercy Hospital (The Clarendon) and upgrading of transport hubs.
Best streets: Gipps and Grey St are heavily concentrated with grand Victorian terraces; Powlett St is wide, with large land allotments and prestigious and ornate homes; while Clarendon St features prestige apartments and overlooks Fitzroy Gardens.
Public transport: Excellent transport options are available within walking distance, as well as access to low floor trams.
Main arteries: There is freeway access via the Eastern & M1, Victoria Parade takes you directly into the CBD and Punt Rd leads to St Kilda Beach and the bay.