SOLD
Sold on 03 Apr 2024 for $505,000

214/57 Bay Street
Port Melbourne VIC 3207

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 50m2
Land area: 7159m2
Save

Property Details for 214/57 Bay St, Port Melbourne

214/57 Bay St, Port Melbourne is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2006. The property has a land size of 7159m2 and floor size of 50m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 1 bedroom Unit sold in Port Melbourne in the last 12 months.

Building Type
Unit
Year Built
2006
Floor Size
50m2
Land Size
7159m2
Local Government
Port Phillip
Lot/Plan
A214/PS500744

Last Listing description (August 2022)

A prized position on Port Melbourne's iconic Bay Street only meters from the beach is just the beginning when it comes to the allure of this spacious and sun-filled one-bedroom apartment. This ground floor apartment does not fail to amaze with its own private 35SQM terrace and garden! The OC fees for this apartment are also sub $3,000!

Beautifully appointed and brimming with low maintenance appeal, the residence is the perfect base for an enviable lifestyle and includes an open plan living/dining area which spills outside to an over-sized balcony for effortless indoor/outdoor enjoyment. Quality stainless steel appliances star in the contemporary kitchen, while a sparkling bathroom with Euro laundry services the accommodation. Split system heating/cooling, brand new fashionable wide-board flooring and a secure parking space are among the standout features while fabulous on-site facilities include a gym, indoor pool and central landscaped courtyard.

Moments to the shores of Port Phillip Bay, this incredible address has a myriad of popular restaurants, cafes and boutique shops at its doorstep, while public transport is readily at hand to take you further afield.

Property History for 214/57 Bay St, Port Melbourne, VIC 3207

A timeline of how this property has performed in the market
Last Sold
$505,000
03 Apr 2024
Listed for Rent
02 Jun 2021
  • 03 Apr 2024
    Sold for $505,000
  • 01 Jul 2022
    Sold for $500,000
  • 23 May 2022
    Listed for Sale $480,000 - $520,000
Sign in to see more transactions

Commute Calculator

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 13,204 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 23 properties listed for sale, and 12 properties listed for rent in Port melbourne on OnTheHouse. According to CoreLogic's data, 484 properties were sold in the past 12 months in Port melbourne.

Suburb Insights for Port Melbourne 3207

Market Insights
Port Melbourne Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Port Melbourne Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.