5/181 Bay StreetPort Melbourne VIC 3207
Property Details for 5/181 Bay St, Port Melbourne
5/181 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 February 2024. There are other 1 bedroom Apartment sold in Port Melbourne in the last 12 months.
Last Listing description (February 2024)
A spacious and secure 70 sqm (approx) lifestyle apartment, right in the heart of Port Melbourne's attractions, yet secluded and quiet. This spacious one-bedroom home boasts a generous entertainer's terrace, fantastic open plan living, large double bedroom with built in robes & heater, sleek bathroom with Euro laundry facilities, shower and bath. Features galley kitchen with great storage, Blanco appliances and dishwasher, reverse cycle heating & cooling and security intercom. Secure basement car park plus a storage cage on title.
An affordable inner-city pad in excellent condition with public transport on your doorstep and the beach at the end of your street. Brilliantly positioned in an architecturally designed boutique development. No gym, pool, or lift means low body corporate fees. Ideal home near the sea or for the astute investor.
Property History for 5/181 Bay St, Port Melbourne, VIC 3207
- 21 Feb 2024Sold for $445,000
- 30 Jan 2024Listed for Sale $445,000
- 29 Nov 2019Listed for Rent $400 / 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 13,338 properties. Over the last 5 years, Houses in Port Melbourne have seen a 2.20% increase in median value, while Units have seen a -0.60% decrease. As at 30 November 2024:
- The median value for Houses in Port Melbourne is $1,600,192 while the median value for Units is $844,622.
- Houses have a median rent of $825 while Units have a median rent of $695.
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