OFF MARKET

516/54-60 Nott Street
Port Melbourne VIC 3207

Bedrooms: 1
Bathrooms: 1
Car spaces: 2
Floor area: 50m2
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Property Details for 516/54-60 Nott St, Port Melbourne

516/54-60 Nott St, Port Melbourne is a 1 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 2004. The property has a floor size of 50m2. While the property is not currently for sale or for rent, it was last sold in June 2021.

Building Type
Unit
Year Built
2004
Floor Size
50m2
Local Government
Port Phillip
Lot/Plan
516/PS501393

Last Listing description (May 2021)

Inspection By Appointment Only.
Step straight into a brilliant bayside lifestyle with this sub top floor single bedroom apartment featuring rare two car parking less than a five-minute walk from the area's most famous drawcards, the beach and Bay Street. First home buyers will love the spacious proportions, the indoor/outdoor entertaining and Port Melbourne's exciting beachside way of life. Investors will immediately recognize the potential for rich returns from a location consistently sought after both locally and internationally for its picturesque beaches, dynamic amenities and reliable CBD transport. City base seekers too will enjoy the convenience of enviable amenities at the doorstep with just minutes to the CBD and easy access to major arterial links. Positioned in popular Loongana, immediately impressive dimensions flow from a fully equipped kitchen to open plan living/dining areas and out onto an undercover terrace perfect for relaxed BBQ or coffee catch ups. A generous bedroom with BIRs enjoys its own private access to the terrace and the stylish bathroom with laundry facilities. Split heating/cooling, honey coloured timber floors, video intercom and, of course, dual parking add further comfort and convenience. Grab breakfast around the corner in bustling Bay Street, head into the CBD on the nearby light rail, return home for a dip in the early evening then catch up with friends for dinner in one of the area's lively restaurants, pubs or bars. Just fabulous!

Property History for 516/54-60 Nott St, Port Melbourne, VIC 3207

A timeline of how this property has performed in the market
Last Sold
$450,000
21 Jun 2021
Listed for Rent
$395/w
22 Jul 2020
  • 21 Jun 2021
    Sold for $450,000
  • 13 Jul 2020
    Listed for Rent - Price not available
  • 21 Apr 2020
    Listed for Sale $459,000
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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 13,232 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 19 properties listed for sale, and 13 properties listed for rent in Port melbourne on OnTheHouse. According to CoreLogic's data, 478 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.