FOR SALE
$1,650,000

149 Dow Street
Port Melbourne VIC 3207

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Land area: 226m2
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Blue Chip Location, No Heritage Overlay

Renovate or Develop one or two new homes (STCA) 43.5m Deep Lot
A much loved brick and timber home, tightly held for over 80 years, on an unusually large North facing 226m2 allotment, no heritage overlay.
Built around the turn of the century, enhanced by rear access from Adams Place, and only a moments walk to the sea and the best parks Port Melbourne has on offer. Considered a large block for the area, and in a premiere location on Albert Park side of Port Melbourne, this home presents outstanding options to either extend and renovate, or to demolish and build one or two luxury new homes (STCA).
One of the most prized and tightly held Port Melbourne addresses, with north facing neatly kept gardens, and secure rear garage, this offering epitomises the term 'Land of opportunity'. In a sea- side locale with an approx. 43.5m deep block, this unrenovated brick and timber cottage in good condition has the potential to improve or replace. The absence of heritage overlay is rare, and allows a builder to take advantage of the 2nd street frontage off Adams Lane. Accommodation includes two generous bedrooms plus a rear third bedroom/studio, spacious living room, generous kitchen, large bathroom, and rear courtyard and garage.
Situated in the coveted Albert Park College zone and a moments walk to vibrant Bay Street retail and dining precinct, public transport, South Melbourne Market, Lagoon Reserve, Gasworks Arts Park and Port Melbourne beach.
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Property Details for 149 Dow St, Port Melbourne

149 Dow St, Port Melbourne is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 226m2. The place is currently for sale with Frank Gordon & Co Pty Ltd.

Building Type
House
Land Size
226m2

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About Port Melbourne 3207

The size of Port Melbourne is approximately 10.1 square kilometres. It has 34 parks covering nearly 11.2% of total area. The population of Port Melbourne in 2011 was 14,521 people. By 2016 the population was 16,168 showing a population growth of 11.3% in the area during that time. The predominant age group in Port Melbourne is 30-39 years. Households in Port Melbourne are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Port Melbourne work in a professional occupation. In 2011, 50.9% of the homes in Port Melbourne were owner-occupied compared with 50.5% in 2016.

Port Melbourne has 13,338 properties. Over the last 5 years, Houses in Port Melbourne have seen a 2.20% increase in median value, while Units have seen a -0.60% decrease. As at 30 November 2024:

  • The median value for Houses in Port Melbourne is $1,600,192 while the median value for Units is $844,622.
  • Houses have a median rent of $825 while Units have a median rent of $695.
There are currently 21 properties listed for sale, and 16 properties listed for rent in Port melbourne on OnTheHouse. According to CoreLogic's data, 486 properties were sold in the past 12 months in Port melbourne.

Suburb Insights for Port Melbourne 3207

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Frank Callaghan Jnr
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Frank Callaghan
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Frank Gordon & Co Pty Ltd
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Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.