house
4

Bedrooms

2

Bathrooms

3

Car Spaces

7 Palmer Street, East Melbourne VIC 3002

Sold $3,317,000 on 16 May 2023

Map And Street View

Please note that location of this property on map is approximate and street view images may not show the exact property advertised.

Stamp Duty

$183,905

*based on property value $3,317,000 for investment

Mortgage registration fee $108
Transfer fee $1,362
Stamp duty on property $182,435

Monthly Repayment

$ 14,245

*based on loan amount $2,653,600 for principal and interest

Total interest payable $2,474,635
Loan Term 30 years
Annual Interest Rate 5.00%

Comparable Sold Properties

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Address Sold Price
1119 Hoddle Street 4 $1,650,000
87 Powlett Street 4 $3,657,932
205 George Street 4 $3,350,000
488 Victoria Parade 4 $2,980,000
47 Wellington Parade South 4 $3,756,000
89 Powlett Street 4 $4,050,000
114 Vale Street 4 $6,600,000

Comparable Rent Properties

Address Rent Price
85 Grey Street 4 $1,450 p/w
98 Powlett St 4 $1,850 p/w
560 Victoria Parade 4 $1,100 p/w
516 Victoria Parade 4 $1,100 p/w
190 George Street 4 $1,400 p/w
45 Hotham Street 4 $1,750 p/w
71 Hotham Street 4 $1,060 p/w
71 Hotham Street 4 $1,060 p/w

Auction History - East Melbourne, VIC 3002

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Top Sales - House- Last 12 months updated 28 Apr 2024

Address Sold Price
22 Jolimont Terrace East Melbourne 3002 $6,800,000 5 2
13-19 Powlett Street East Melbourne 3002 $6,500,000 6 3
10 Powlett Street East Melbourne 3002 $6,350,000 5 5
201 George Street East Melbourne 3002 $5,311,000 3 3
140 Powlett Street East Melbourne 3002 $5,140,000 3 3
89 Powlett Street East Melbourne 3002 $4,050,000 4 3
47 Wellington Parade South East Melbourne 3002 $3,756,000 4 2
87 Powlett Street East Melbourne 3002 $3,657,932 4 2
205 George Street East Melbourne 3002 $3,350,000 4 3
7 Palmer Street East Melbourne 3002 $3,317,000 4 2

East Melbourne, VIC 3002 (1.84 km to CBD)

Median House Price

$3,227,500

Median Unit Price

$851,500

Surrounding Suburbs

Nearby Train Stations

  • 0.3 km Jolimont Station
  • 0.78 km Parliament Station
  • 0.98 km West Richmond Station

Nearby Schools