SOLD
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Sold on 21 Aug 2024 - Price Unavailable

601B/55 Bay Street
Port Melbourne VIC 3207

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Sold By
Marshall White Port Phillip
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Property Details for 601b/55 Bay St, Port Melbourne

601b/55 Bay St, Port Melbourne is a 2 bedroom, 2 bathroom Unit with 2 parking spaces. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 2 bedroom Unit sold in Port Melbourne in the last 12 months.

Building Type
Unit
Local Government
Port Phillip

Last Listing description (August 2024)

Meticulously renovated from a three-bedroom into a two-bedroom apartment to provide expansive space, as well as encompassing breathtaking views of the beach, Port Phillip Bay, and city skyline, this spectacular apartment is a stunning display of light, contemporary luxury, and resort-style amenities. Offering an unparalleled lock-and-leave lifestyle with secure basement parking for two, easy access to the CBD and a beachside cafe scene on your doorstep, this unique residence combines sophisticated living with the laid-back appeal of bayside living.

Wall-to-wall windows frame the generous open-plan layout, where bay scenes and remarkable sunsets dominate an exceptional indoor-outdoor floor plan. Appointed with premium integrated appliances and sleek stone benchtops, the central kitchen elevates everyday living and entertaining, opening to the bay-facing balcony and adjoining dining room with abundant storage. Both bedrooms within the hallway feature robes and front-row water vistas, with the main bedroom featuring a hotel-quality ensuite and walk-in robe, and the second bedroom with direct balcony access.

The impressive level of finish includes a recently updated central bathroom with excellent storage, video intercom, European oak flooring, zoned ducted heating/cooling, a second garden balcony, European laundry, basement storage cage and first-class amenities, including an indoor pool and gymnasium. Capturing the essence of city-edge ease, it is also a mere stone's throw from the beach, the city-bound light rail, Bay Street's vibrant retail and dining precinct, and the Port Melbourne Yacht Club, and sits within the coveted Albert Park College zone.

Property History for 601b/55 Bay St, Port Melbourne, VIC 3207

A timeline of how this property has performed in the market
Last Sold
21 Aug 2024
  • 21 Aug 2024
    Sold
  • 03 Jul 2024
    Listed for Sale $1,450,000-$1,550,000

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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 13,214 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 12 properties listed for rent in Port melbourne on OnTheHouse. According to CoreLogic's data, 488 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.