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East Melbourne VIC 3002 | City of Melbourne

East Melbourne Apartments

A researched shortlist of new and recently completed apartment developments in East Melbourne 3002, from boutique Albert Street residences to approved plans on Wellington Parade, with local market, transport and school detail.

For Rent Short Stay
Top 10

Top 10 apartment developments in East Melbourne

Current top projects with a East Melbourne 3002 street address.

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East Melbourne 3002
Top 10 spot 11 of 10 spots still open
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What the spot includes
Position
First card in the East Melbourne Top 10
Profile
Full project page with your images and specs
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250 Albert Street, East Melbourne (illustrative image)Move in ReadyPaskIllustration

250 Albert Street

East Melbourne
From $2.2M2 & 3
Full details
Type
Apartments
Developer
Pask
Builder
Cobild
Status
Move in Ready
Price from
From $2.2M
Bedrooms
2 & 3
Address
250 Albert Street, East Melbourne VIC 3002
Completion
Now complete
Eblana, East Melbourne (illustrative image)Under ConstructionPB & Co.Illustration

Eblana

East Melbourne
From $5.06M3 & 4
Full details
Type
Apartments
Developer
PB & Co.
Builder
PB & Co.
Status
Under Construction
Price from
From $5.06M
Bedrooms
3 & 4
Address
140-142 Jolimont Road, East Melbourne VIC 3002
Completion
2026
The Address, East Melbourne (illustrative image)Completed 2025Luxcon GroupIllustration

The Address

East Melbourne
From $2.6M2 & 3
Full details
Type
Apartments
Developer
Luxcon Group
Builder
Luxcon Group
Status
Completed 2025
Price from
From $2.6M
Bedrooms
2 & 3
Address
372-380 Albert Street, East Melbourne VIC 3002
Completion
Completed 2025
Listings

Apartments for sale, rent and short stay in East Melbourne

Individual apartment listings across East Melbourne 3002, sitting beneath the Top 10.

Example layout only. These are not real listings. Individual East Melbourne listings open with the Top 10 on 1 October 2026, and every Top 10 advertiser sits above this row. Take a Top 10 spot
Sample
Listing photo
From $565,000
2 bed, 2 bath, 1 car
New apartment, top floor
For Sale
Sample
Listing photo
From $429,000
1 bed, 1 bath
Off the plan, 2027 completion
For Sale
Sample
Listing photo
$620 per week
2 bed, 1 bath, 1 car
Available now, unfurnished
For Rent
Sample
Listing photo
$495 per week
1 bed, 1 bath
Available now, 12 month lease
For Rent
Sample
Listing photo
$210 per night
1 bed, sleeps 2
Furnished, minimum 3 nights
Short Stay
Pipeline

What is coming next

The near term pipeline is small and concentrated. Approved plans at 10 Wellington Parade and 122-130 Wellington Parade point to roughly 33 further residences towards the end of the decade, while 83-91 Albert Street adds a Carr designed brick building on the northern edge. Heritage controls across the grid mean East Melbourne is unlikely to see tower scale supply, which is part of the appeal for buyers who want scarcity.

The East Melbourne board today

3,000+Apartments in East Melbourne
300+Pipeline homes
1Move in Ready
3Under Construction
1Completed 2025
3Off the Plan
1Completed 2017
1Featured spots open
History

Gold rush grandeur, gardens on three sides

Robert Hoddle named East Melbourne in 1837 and the first residents arrived from 1840, among them Charles La Trobe, superintendent of the Port Phillip District. Gold rush money built the bluestone and boom style streets that survive today, from Bishopscourt of 1853 to Tasma Terrace of 1878 and Queen Bess Row of 1887. Churches, schools and hospitals followed, and the grid was largely set before the twentieth century began.

Read the full East Melbourne story →

Data

East Melbourne at the 2021 Census

4,896Residents
42Median age
3,255Total dwellings
73.5%Homes that are apartments
44.8%Owner occupied (Census)
52.8%Households renting
$2,345Median weekly household income
$480Median weekly unit rent
1.8Average household size
Source: Australian Bureau of Statistics, Census 2021 (20830).

Why buyers look at East Melbourne

East Melbourne sits about 2 kilometres east of the Melbourne CBD inside the City of Melbourne, bounded by Spring Street to the west, Victoria Parade to the north, Hoddle Street and Punt Road to the east and Brunton Avenue to the south.

At the 2021 Census the suburb recorded 4,896 residents with a median age of 42 years, well above the Victorian and national median of 38, and a median weekly household income of $2,345 against $1,759 for Victoria.

Apartment living is the norm rather than the exception here, with 73.5 per cent of occupied private dwellings recorded as a flat or apartment at the 2021 Census and only 3.2 per cent separate houses, while 52.8 per cent of households rented and 26.9 per cent owned outright.

All 8 reasons to look at East Melbourne →

For rent

Renting in East Melbourne

Renting dominates. At the 2021 Census 52.8 per cent of East Melbourne households rented, and Domain reports one bedroom apartments around $475 per week and two bedrooms in the $640 to $650 range. Tenants are drawn from the hospitals on Victoria Parade, the legal and government offices on Spring Street and students at nearby campuses, which keeps vacancy tight.

Market

East Melbourne apartment market

$677,500Median unit price
$680 per weekMedian unit rent
4.6%Gross rental yield

Source: CoreLogic via Your Investment Property, 12 months to April 2026. Figures change monthly, verify before relying on them.
Short stay

Short stay demand around the MCG and the hospitals

Short stay demand is genuine here. The MCG, Rod Laver Arena and AAMI Park bring event crowds, while Epworth Freemasons, the Royal Victorian Eye and Ear Hospital and the Albert Street consulting suites bring patients and visiting families. Owners should check the City of Melbourne short stay rules and their owners corporation before assuming a property can be let nightly.

Lifestyle

Life in East Melbourne

Parks on three sides, a cathedral at one end and a stadium at the other, with the CBD grid close enough to walk to for work or dinner.

Fitzroy Gardens is the everyday backyard for the suburb, with elm avenues, the Conservatory, the Fairies Tree and Cooks Cottage, the transplanted Yorkshire home of Captain Cook's parents.Treasury Gardens fills the north west corner beside the Old Treasury Building, with the John F Kennedy memorial pond and a steady lunchtime crowd from Spring Street offices.The Melbourne Cricket Ground in Yarra Park is a five to ten minute walk from most East Melbourne addresses, and the National Sports Museum operates inside the ground year round.

The full East Melbourne lifestyle guide →

Schools

Schools near East Melbourne

Yarra Primary School

Primary

Government primary on Coppin Street in Richmond, a short trip across Hoddle Street.

Carlton Gardens Primary School

Primary

Government primary on Rathdowne Street in Carlton, serving inner city families near the northern edge of the city.

Melbourne Girls' College

Secondary

Government secondary school for girls on Yarra Boulevard in Richmond, beside the river and rowing sheds.

All 6 schools near East Melbourne →

Map

Find East Melbourne

Full location guide: precincts, distances and how East Melbourne is laid out →

Transport

Getting around East Melbourne

Jolimont station, signed Jolimont MCG, sits on Wellington Parade and is served by the Hurstbridge and Mernda lines, placing Parliament and the City Loop one stop and roughly 3 minutes away, with Flinders Street also within a few minutes.
Parliament station on Spring Street is a walk of about 10 minutes from most of the East Melbourne grid and adds the Lilydale, Belgrave, Alamein and Glen Waverley lines through the City Loop.
Trams 48 and 75 run along Wellington Parade between Docklands and Melbourne's eastern suburbs, while routes 109 and 12 use Victoria Parade on the northern boundary, and route 11 is reachable in the Collins Street grid a short walk west.

All 4 ways to get around East Melbourne →

Showcase your development in the East Melbourne Top 10

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