SOLD
Sold on 17 Feb 2024 for $1,500,000

3/8 Thomas Street
Port Melbourne VIC 3207

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 95m2
Land area: 222m2
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Property Details for 3/8 Thomas St, Port Melbourne

3/8 Thomas St, Port Melbourne is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1985. The property has a land size of 222m2 and floor size of 95m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 3 bedroom Unit sold in Port Melbourne in the last 12 months.

Building Type
Unit
Year Built
1985
Floor Size
95m2
Land Size
222m2
Local Government
Port Phillip
Lot/Plan
4/SP27243

Last Listing description (April 2024)

This immaculately-presented single level residence is broadly attractive to all, a perfect fit for families, the downsizers dream or idyllic for urban professionals. Tucked away in a quiet and private cul-de-sac it offers amazing convenience to all of Port Melbourne's famously loved amenities.

Big floor to ceiling sliding doors make this home a tranquil sanctuary by seamlessly combining the decked courtyard with lush vertical garden, to the substantial open living dining and kitchen areas, whilst the lovely vaulted ceiling design helps to encapsulate stunning daylight. A fully appointed gourmet kitchen features plumbed fridge with filtered water, Smeg induction cooktop, oven, and dishwasher.

The desirable north-east orientation, combined with double glazed windows (main living area) and 6kw solar panels/5kw Fronius German inverter, means this home is incredibly efficient and environmentally friendly, not to mention extremely cheap to run (current annual power bill has been less than zero!)

Accommodation includes 3 excellent bedrooms (all with built-in robes), generous main with large luxury ensuite), a 2nd central bathroom with laundry services bedrooms two and three.

Extra features include polished concrete floors, reverse cycle heating/cooling, designer lighting inside and out, European appliances & German cabinetry in kitchen, attic storage, linen press, substantial outdoor storage (4 large secure undercover cupboards, 2 garden sheds as well as 2 bike racks) and off-street parking on Title for 2 vehicles (side by side).

Only metres from public transport (109 tram and city bus), bike path and beautiful local parks, with the beach, Bay Street shopping strip and Port Melbourne Primary and Secondary Schools just a short walk, this is the perfect inner-city oasis.

Property History for 3/8 Thomas St, Port Melbourne, VIC 3207

A timeline of how this property has performed in the market
Last Sold
$1,500,000
17 Feb 2024
  • 17 Feb 2024
    Sold for $1,500,000
  • 23 Jan 2024
    Listed for Sale $1,200,000 - $1,300,000
  • 10 Dec 2022
    Transferred
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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 13,333 properties. Over the last 5 years, Houses in Port Melbourne have seen a 25.62% increase in median value, while Units have seen a 4.91% increase. As at 31 July 2024:

  • The median value for Houses in Port Melbourne is $1,688,602 while the median value for Units is $845,298.
  • Houses have a median rent of $840 while Units have a median rent of $650.
There are currently 20 properties listed for sale, and 20 properties listed for rent in Port melbourne on OnTheHouse. According to CoreLogic's data, 518 properties were sold in the past 12 months in Port melbourne.

Suburb Insights for Port Melbourne 3207

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Biggin & Scott Port Melbourne
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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.