OFF MARKET

609/55 Bay Street
Port Melbourne VIC 3207

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 61m2
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Property Details for 609/55 Bay St, Port Melbourne

609/55 Bay St, Port Melbourne is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2004. The property has a floor size of 61m2. While the property is not currently for sale or for rent, it was last sold in November 2016.

Building Type
Unit
Year Built
2004
Floor Size
61m2
Local Government
Port Phillip
Lot/Plan
B609/PS500744

Last Listing description (March 2017)

This spacious and elevated two bedroom apartment is ideally positioned within the Bayshore complex. Comprising a large open plan living and dining zone, a fully equipped gourmet kitchen with stainless steel appliances and a lovely North facing terrace. Two generous sized bedrooms both with BIR'S, euro style laundry and a sparkling central bathroom complete the internal accommodation.
Heating/cooling, private intercom entrance, secure car park, visitor parking and heated pool/ gym. This ultra-stylish apartment is conveniently located one block from the beach, moments to the light rail as well as having the delights of Bay Street and public transport on your doorstep.

Property History for 609/55 Bay St, Port Melbourne, VIC 3207

A timeline of how this property has performed in the market
Last Sold
$550,000
25 Nov 2016
Listed for Rent
$540/w
30 Jan 2017
  • 18 Jan 2017
    Listed for Rent - Price not available
  • 25 Nov 2016
    Sold for $550,000
  • 14 Sep 2016
    Listed for Sale $575,000
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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 13,215 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, 489 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.