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.
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.
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:
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