SOLD
Sold on 26 Jan 2024 for $730,500

21/181 Bay Street
Port Melbourne VIC 3207

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 99m2
Sold By
Besim Kanacevic
Belle Property Albert Park
Stephanie Mcphee
Belle Property Albert Park
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Property Details for 21/181 Bay St, Port Melbourne

21/181 Bay St, Port Melbourne is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1998. The property has a floor size of 99m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 2 bedroom Unit sold in Port Melbourne in the last 12 months.

Building Type
Unit
Year Built
1998
Floor Size
99m2
Local Government
Port Phillip
Lot/Plan
21/PS422276

Last Listing description (April 2024)

Nestled in the heart of vibrant Port Melbourne, this two-bedroom, two-bathroom home is split over two levels, and offers spacious living and an unparalleled lifestyle.

Upon entry, you'll find two well-proportioned bedrooms, each with built-in robes. The master bedroom boasts its own ensuite, while a modern central bathroom with a Euro laundry serves the rest of the home.

The first floor features an open-plan living area, inviting in plenty of natural light, with a glimpse of the city from the dining space. The recently updated kitchen is a highlight, providing ample storage and seamlessly connecting to the living room, which leads to a private terrace.

This apartment is designed with practicality in mind, featuring split-system air conditioning, panel heating, intercom, secure entry, and dedicated parking for one vehicle. In an enviable lifestyle locale, Bay Street is home to a wide range of cafes, restaurants, and boutique shops or take a short walk to Port Melbourne beach.

Property History for 21/181 Bay St, Port Melbourne, VIC 3207

A timeline of how this property has performed in the market
Last Sold
$730,500
26 Jan 2024
Listed for Rent
$590/w
14 Nov 2019
  • 26 Jan 2024
    Sold for $730,500
  • 12 Sep 2023
    Listed for Sale Not Disclosed
  • 23 Dec 2021
    Sold for $800,000
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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 13,215 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.
There are currently 22 properties listed for sale, and 13 properties listed for rent in Port melbourne on OnTheHouse. According to CoreLogic's data, 488 properties were sold in the past 12 months in Port melbourne.

Suburb Insights for Port Melbourne 3207

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Disclaimer
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.