SOLD
Sold on 08 Mar 2024 for $1,240,000

402 Bay Street
Port Melbourne VIC 3207

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 72m2
Land area: 133m2
Sold By
Buxton St Kilda
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Property Details for 402 Bay St, Port Melbourne

402 Bay St, Port Melbourne is a 2 bedroom, 1 bathroom Unit and was built in 2006. The property has a land size of 133m2 and floor size of 72m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 2 bedroom Unit sold in Port Melbourne in the last 12 months.

Building Type
Unit
Year Built
2006
Floor Size
72m2
Land Size
133m2
Local Government
Port Phillip
Lot/Plan
2/SP22273

Last Listing description (March 2024)

Exceeding all expectations behind its classic facade, the skilful renovation of this two-bedroom Victorian has created a generously proportioned inner-city home of style, easy functionality, and meticulous attention to detail.

Positioned on the cusp of Port's iconic lifestyle precinct, its sensational single-level accommodation provides a peaceful, private sanctuary with indoor/outdoor entertaining AND secure off-street parking just a short stroll from every amenity.


A superb surprise behind its sunny, high-fenced entry courtyard, a spacious skylit hall links together a series of carefully curated rooms including two brilliant bedrooms featuring floor-to-ceiling BIRs and skylights with electric block-out blinds, the main with twin BIRs and silent double glazing, a polished central bathroom and a beautifully generous open plan living/dining domain that features a Caesarstone kitchen whose astute design includes Miele appliances, dish drawer dishwasher and impressive drawer storage beneath a beaming skylight.

A wall of floor-to-ceiling glazing captures expansive views of the deep private courtyard, with sliding glass doors offering a seamless connection for easy entertaining.

Further highlights include concealed full laundry, split heating/cooling, polished cement floors, Pure new wool carpet, high ceilings, original brick feature wall and the inner-city luxury of secure parking via second frontage to Lyons Street.

Walk to every iconic Port attraction, including Bay Street's boutiques, shops, restaurants and bars, the beach and foreshore promenade, Lagoon Reserve, Gasworks Arts Park, light rail links to the CBD, childcare and kinder options, Albert Park Secondary College and so much more.

Property History for 402 Bay St, Port Melbourne, VIC 3207

A timeline of how this property has performed in the market
Last Sold
$1,240,000
08 Mar 2024
Listed for Rent
$630/w
19 Mar 2019
  • 08 Mar 2024
    Sold for $1,240,000
  • 07 Feb 2024
    Listed for Sale $1,230,000 - $1,300,000
  • 26 Feb 2019
    Listed for Rent $630 / week
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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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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.