East Melbourne Property Market
& Suburb Profile

East Melbourne is a small area of inner Melbourne, located between Richmond and the Melbourne Central Business District. Broadly, it is bounded by Spring Street, Victoria Parade, Punt Road/Hoddle Street and Brunton Avenue.

One of Melbourne's earliest suburbs, East Melbourne has long been home to many significant government, health and religious institutions, including the Parliament of Victoria and offices of the Government of Victoria in the Parliamentary and Cathedral precincts, which are located on a gentle hill at the edge of the Melbourne's Hoddle Grid, known as Eastern Hill. The world-famous Melbourne Cricket Ground (MCG) is located in Yarra Park, in the East Melbourne locality of Jolimont. East Melbourne has been affluent since its first establishment and contains some of the oldest Victorian homes and terrace houses and parks and gardens in Melbourne.

East Melbourne is home to some of Melbourne's earliest houses. While notable terrace housing is predominant in the area, the suburb also has some fine remnant mansions, the oldest and largest in East Melbourne being the blue stone colonial mansion Bishopscourt (designed by Newson & Blackburn), which dates back to 1853, was used as Victoria's Government House in 1874–1876 and has been the residence for all of Melbourne's Anglican Bishops and Archbishops since its completion. It is on the Victorian Heritage Register. The two-storey house at 157 Hotham Street, built in 1861, is notable as a rare example of bluestone gothic applied to residential architecture. The house is often attributed to Joseph Reed and considered one of his early residential works. Accordingly, it is also listed on the Victorian Heritage Register.

East Melbourne has many impressive Victorian era gardens with well established plantings, the largest of which are the Treasury Gardens and the Fitzroy Gardens (pictured above). Yarra Park in Jolimont is used for picnicking and, controversially, car parking for the MCG.

East Melbourne is served by major tramlines on Wellington Parade and Victoria Parade, both connecting with the CBD in the western edge of the suburb.

East Melbourne is also served by rail, with two main stations, Parliament underground station on Spring Street (part of the City Loop that runs underneath Melbourne) and Jolimont, on the Hurstbridge and Mernda lines, which is used primarily by patrons attending events at the MCG.

Punt Road and Hoddle Street, both on the suburb's eastern boundary, is a major road for bus routes in the area.

Due to its proximity to a number of hospitals, many medical practitioners also have their rooms in East Melbourne. These hospitals include the Royal Victorian Eye and Ear Hospital (RVEEH), the Peter MacCallum Cancer Centreand the Freemasons' Hospital.

In addition, St Vincent's Hospital and St Vincent's & Mercy Private Hospitals are located in adjacent Fitzroy, after relocating from their original site in East Melbourne.

Jolimont is a locality within the suburb of East Melbourne. Jolimont only covers a very small area. Most of it is occupied by the Melbourne Cricket Ground and surrounding Yarra Park and has its own railway station. The remainder of Jolimont is made up by a single block of housing, consisting of many Victorian terrace houses and office buildings.

Reference: Wikipedia