SOLD
Sold on 13 Jul 2024 for $1,008,600

427 Bay Street
Port Melbourne VIC 3207

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Land area: 100m2
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Property Details for 427 Bay St, Port Melbourne

427 Bay St, Port Melbourne is a 2 bedroom, 1 bathroom House. The property has a land size of 100m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 2 bedroom House sold in Port Melbourne in the last 12 months.

Building Type
House
Land Size
100m2
Local Government
Port Phillip
Lot/Plan
2/LP149636

Last Listing description (September 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

A timeline of how this property has performed in the market
Last Sold
$1,008,600
13 Jul 2024
Listed for Rent
$520/w
28 Sep 2021
  • 13 Jul 2024
    Sold for $1,008,600
  • 18 Jun 2024
    Listed for Sale Not Disclosed
  • 26 May 2021
    Listed 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 13,215 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 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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Chisholm & Gamon - Elwood
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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.