OFF MARKET

5 Spring Street E
Port Melbourne VIC 3207

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 65m2
Land area: 103m2
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Last updated 11 Nov 2024
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Property Details for 5 Spring St E, Port Melbourne

5 Spring St E, Port Melbourne is a 2 bedroom, 1 bathroom House and was built in 1900. The property has a land size of 103m2 and floor size of 65m2. While the property is not currently for sale or for rent, it was last sold in December 2021.

Building Type
House
Year Built
1900
Floor Size
65m2
Land Size
103m2
Local Government
Port Phillip
Lot/Plan
1/TP690008

Last Listing description (December 2021)

Picture perfect from its very introduction, this light filled single level residence represents a fantastic lifestyle opportunity just moments from Bay Street. Beautifully private living spaces deliver a tranquil ambience, the open plan living room is nestled next to a gorgeous alfresco deck and courtyard, providing space to relax outdoors in an inviting leafy setting.

Two bedrooms are filled with natural light and feature built in robes, the main includes glorious French doors that lead to the front verandah. A bright bathroom with Euro laundry, ducted heating and cooling, reverse cycle and a well equipped kitchen complete the proposition.

Everything that makes Port Melbourne such a sought after destination is within easy reach, a host of local parks and reserves, excellent transport links from both ends of the street on Bay Street and Pickles Street, Gasworks Arts Park and of course one of the most iconic Bay beaches in Melbourne.

Property History for 5 Spring St E, Port Melbourne, VIC 3207

A timeline of how this property has performed in the market
Last Sold
$1,215,000
18 Dec 2021
  • 18 Dec 2021
    Sold for $1,215,000
  • 24 Nov 2021
    Listed for Sale Contact Agent
  • 28 Mar 2002
    Transferred
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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 13 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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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.