OFF MARKET

602/55 Bay Street
Port Melbourne VIC 3207

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 58m2
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Property Details for 602/55 Bay St, Port Melbourne

602/55 Bay St, Port Melbourne is a 2 bedroom, 1 bathroom Unit and was built in 2006. The property has a floor size of 58m2. While the property is not currently for sale or for rent, it was last sold in September 2023.

Building Type
Unit
Year Built
2006
Floor Size
58m2
Local Government
Port Phillip
Lot/Plan
B602/PS500744

Last Listing description (January 2024)

Wake up to the most incredible postcard views of Port Phillip Bay every day in this contemporary 2 bedroom 6th floor security apartment.

Take in the ships sailing, boarders paddling and boundless blue waters, while appreciating the quality within. Stylish with comfort, this enviable apartment enjoys a vogue open plan living and dining area, well-equipped modern kitchen (stainless steel appliances), beautiful bay-viewing main bedroom (built in robes), versatile 2nd bedroom/study (robes), a spotless bathroom (European laundry) and an undercover balcony to relax and unwind contemplating the world as you enjoy your morning latte or an evening cocktail.

In the impressive 'Bayshore' complex with the lifestyle luxuries of an updated swimming pool, practical gymnasium and landscaped courtyard, no 602 is complemented with Oak floors, reverse cycle air conditioning, video intercom and lift access to secure basement parking.

A sensational lifestyle location, step straight out to the exceptional cafe and dining scene on Bay Street, stroll along pristine sand at Port Melbourne Beach, wander over to the dog friendly spaces of Edwards Park and Lagoon Reserve, and walk across to catch the light rail into the city.

- Incredible sweeping bay views
- Modern interiors with Oak flooring
- On-site amenities including updated pool
- Lift access to secure basement parking
- Seconds to a wealth of cafes and shops

Property History for 602/55 Bay St, Port Melbourne, VIC 3207

A timeline of how this property has performed in the market
Last Sold
$690,000
18 Sep 2023
Listed for Rent
$580/w
30 Nov 2016
  • 18 Sep 2023
    Sold for $690,000
  • 14 Aug 2023
    Listed for Sale Contact Agent
  • 16 Nov 2016
    Listed for Rent - Price not available
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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 13,254 properties. Over the last 5 years, Houses in Port Melbourne have seen a 9.40% increase in median value, while Units have seen a 0.63% increase. As at 30 September 2024:

  • The median value for Houses in Port Melbourne is $1,612,900 while the median value for Units is $841,966.
  • Houses have a median rent of $850 while Units have a median rent of $678.
There are currently 19 properties listed for sale, and 19 properties listed for rent in Port melbourne on OnTheHouse. According to CoreLogic's data, 481 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.