SOLD
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Sold on 02 Nov 2024 for $505,000

3/169 Albert Street
Port Melbourne VIC 3207

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
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Property Details for 3/169 Albert St, Port Melbourne

3/169 Albert St, Port Melbourne is a 2 bedroom, 1 bathroom Apartment with 2 parking spaces. While the property is not currently for sale or for rent, it was last sold in November 2024. There are other 2 bedroom Apartment sold in Port Melbourne in the last 12 months.

Building Type
Apartment
Local Government
Port Phillip
Lot/Plan
12/RP7041

Last Listing description (November 2024)

This un-renovated 1st floor apartment in a small block has a lovely aspect located at the front of the block and a great layout with roof top and street views. Larger than most apartments and providing plenty of light. Comprising 2 double bedrooms, (BIR's), bathroom and a large garage with additional car park off street parking.
Solid and presenting immediate potential. Ideal for the new owner to update and add their style with a renovation to enjoy for many years.
Close proximity to the beachfront with its cute Victorian terraces and cottages. Amazingly convenient to cafes, shopping, beach, and beautiful parkland along the 109 trams to the CBD. Perfect opportunity for the first home buyer or discerning investor.

Property History for 3/169 Albert St, Port Melbourne, VIC 3207

A timeline of how this property has performed in the market
Last Sold
$505,000
02 Nov 2024
  • 02 Nov 2024
    Sold for $505,000
  • 07 Oct 2024
    Listed for Sale Auction
  • 16 Nov 1995
    Sold for $123,000
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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 13,217 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, 489 properties were sold in the past 12 months in Port melbourne.

Suburb Insights for Port Melbourne 3207

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Contact agent
Frank Callaghan Jnr
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Frank Callaghan
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Frank Gordon & Co Pty Ltd
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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.