SOLD
RECENT ADVICE
Sold on 19 Nov 2023 for $555,000

316/57 Bay Street
Port Melbourne VIC 3207

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
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Property Details for 316/57 Bay St, Port Melbourne

316/57 Bay St, Port Melbourne is a 1 bedroom, 1 bathroom Apartment with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in November 2023. There are other 1 bedroom Apartment sold in Port Melbourne in the last 12 months.

Building Type
Apartment
Local Government
Port Phillip
Lot/Plan
A316/PS500744

Last Listing description (November 2023)

Smart design, space and a premium bayside location, enjoying endless shops, cafés and the beach all on its doorstep, ensures this oversized one bedroom plus study/second bedroom apartment achieves blue-chip lifestyle and investment outcomes. Situated on the third floor of the upmarket Bayshore Apartment building, this stylishly appointed property features a cleverly designed floor plan that easily adapts to modern day living requirements, hosting guests and working remotely. Highlights include generous living, dining and study zones extending onto a covered balcony where you can easily relax and dine alfresco in a private, peaceful and leafy setting. Complemented by a modern kitchen that comes fully equipped with stainless steel appliances, a dishwasher, ample storage and breakfast bar. Further highlights of note include a large main bedroom, fitted with built-in-robes, and modern tiled bathroom with shower/bath combo, vanity, w/c and cleverly concealed laundry zone for added convenience. Residents also enjoy access to a host of luxury amenities, including an indoor pool, gymnasium and well-maintained, established gardens. Secure intercom entry, a car space, split-system air conditioner, window coverings/blinds and storage add extra appeal. Enviably situated 100m from the beach, it’s also close to Station Pier, trendy restaurants, wine bars, transport and the CBD.

Sale by Closing Date, Monday 11th December (unless SOLD prior)

Property History for 316/57 Bay St, Port Melbourne, VIC 3207

A timeline of how this property has performed in the market
Last Sold
$555,000
19 Nov 2023
  • 19 Nov 2023
    Sold for $555,000
  • 09 Nov 2023
    Listed for Sale $520,000 - $570,000
  • 24 Dec 2008
    Sold for $361,000

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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 13,227 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 11 properties listed for rent in Port melbourne on OnTheHouse. According to CoreLogic's data, 487 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.