183 Bridge StreetPort Melbourne VIC 3207
Property Details for 183 Bridge St, Port Melbourne
183 Bridge St, Port Melbourne is a 3 bedroom, 1 bathroom Townhouse with 1 parking spaces. The property has a land size of 254m2. While the property is not currently for sale or for rent, it was last sold in May 2021.
Last Listing description (June 2021)
This well-appointed freestanding property represents a unique opportunity for buyers or investors to secure a large versatile residence in a premier part of Port Melbourne. Configured as a duplex with two self-contained levels, it is freshly presented throughout and holds many options for its fortunate purchaser with lots of scope to add value through renovation or redesign. There is the potential to use as a high performing rental property or home plus income with future scope to explore development possibilities (subject to approval).
Occupying a generous allotment with three street frontages. Prime corner position with a northern aspect and great natural light. Two spacious and flexible levels each have own private entrance. One four-bedroom layout and one three-bedroom layout. Secure parking space with access from Pool Street at the rear. Scope for a home-plus-income, SMSF or a premium investment. Walking distance to Bay Street shops, light rail and the beach.
Property History for 183 Bridge St, Port Melbourne, VIC 3207
- 25 May 2021Sold for $1,735,000
- 07 Apr 2021Listed for Sale Contact Agent
- 31 Oct 2019Listed for Rent $650 / week
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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 13,230 properties. Over the last 5 years, Houses in Port Melbourne have seen a 1.30% increase in median value, while Units have seen a 2.23% increase. As at 31 October 2024:
- The median value for Houses in Port Melbourne is $1,530,130 while the median value for Units is $843,205.
- Houses have a median rent of $825 while Units have a median rent of $690.
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