601/101 Bay StreetPort Melbourne VIC 3207
Property Details for 601/101 Bay St, Port Melbourne
601/101 Bay St, Port Melbourne is a 2 bedroom, 1 bathroom Unit and was built in 2012. The property has a land size of 4425m2 and floor size of 58m2. While the property is not currently for sale or for rent, it was last transferred in February 2020.
Last Listing description (November 2019)
Perfectly positioned on the sixth floor at the rear of Port Melbourne's 101 Bay Street complex, this sun-drenched 2 bedroom apartment has much more than an impressive location and spectacular views on offer.
Upon entering the formal entry, discover the open-plan living and dining with floor-to-ceiling windows showcasing spectacular views of Docklands and beyond, flowing seamlessly onto the terrace. This modern style apartment boast fully equipped kitchen featuring stone bench tops, Miele appliances and an abundance of storage, both bedrooms have built in robes, the central modern bathroom with extra large shower, Euro laundry and additional linen storage.
Additional benefits include timber flooring, split system heating/cooling, secure underground car space and intercom.
Investors note approximate return of 4.8%pa.
Property History for 601/101 Bay St, Port Melbourne, VIC 3207
- 12 Feb 2020Transferred
- 23 Oct 2019Listed for Rent $620 / week
- 17 Sep 2019Sold for $640,000
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0About 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.
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