427 Bay StreetPort Melbourne VIC 3207
Property Details for 427 Bay St, Port Melbourne
427 Bay St, Port Melbourne is a 3 bedroom, 1 bathroom House. The property has a land size of 91m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 3 bedroom House sold in Port Melbourne in the last 12 months.
Last Listing description (August 2024)
A trademark Victorian terrace on the Paris end of Bay Street, this authentic 3 bedroom solid brick treasure is the 'one' worth renovating.
Retaining the timeless character of four open fireplaces, soaring ceilings on both floors, ceiling roses, deep cornices, high skirting boards and an arched hallway, this 19th century classic is ready for an inspired transformation.
A solid framework, the current layout features charming lounge and dining room (potential 3rd bedroom), a retro kitchen, 2 generous upstairs bedrooms (1 with sash window to the decked balcony terrace) and an external bathroom/laundry in the north-west facing rear courtyard.
In a row of heritage protected terraces within this low traffic pocket, walk to a renowned selection of cafes and restaurants, the city bound light rail, Coles, Edwards Park and Port Melbourne Primary School, while moments to weekend fun at the South Melbourne Market, Gasworks Farmers' Market and Port Melbourne Beach.
? Vintage character
? Renovation scope
? North west facing rear orientation
? A quiet Bay Street pocket
? Lap up the local caf? scene
Property History for 427 Bay St, Port Melbourne, VIC 3207
- 13 Jul 2024Sold
- 18 Jun 2024Listed for Sale Not Disclosed
- 26 May 2021Listed for Rent $520 / 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.
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