51/2 Esplanade West Port Melbourne VIC 3207
Property Details for 51/2 Esplanade West, Port Melbourne
51/2 Esplanade West, Port Melbourne is a 1 bedroom, 1 bathroom Unit and was built in 2003. The property has a floor size of 65m2. While the property is not currently for sale or for rent, it was last sold in May 2023.
Last Listing description (June 2023)
The very Best one-bedroom apartment in the HM@S building that clearly deserves its reputation for design excellence and would form an exceptional combination anywhere. In this setting, literally less than a minute from the beach and around the corner from Bay Street, the scenario is irresistibly appealing. Living/dining areas include a stylish granite kitchen featuring stainless steel appliances before leading to a balcony from which the visual impact of the bay and the city skyline is striking. An inviting bedroom with built in robes and outlooks across the balcony to the water is complemented by a central bathroom and an intelligent study zone. Security entrance, single car space, concierge, gym, swimming pool and tennis court all the attributes that ensure enjoyment are enhanced by this landmark buildings immediate proximity to Bay Street and the beach. Appreciate all the Port Melbourne lifestyle qualities and investment credentials.
Property History for 51/2 Esplanade West, Port Melbourne, VIC 3207
- 24 May 2023Sold for $730,000
- 19 Apr 2023Listed for Sale $690,000 - $740,000
- 26 Feb 2020Listed for Rent $595 / 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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