SOLD
Sold on 15 Aug 2024 for $735,000

705/57 Bay Street
Port Melbourne VIC 3207

Bedrooms: 1
Bathrooms: 1
Car spaces: 2
Floor area: 72m2
Land area: 86m2
Sold By
BigginScott Port Melbourne
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Property Details for 705/57 Bay St, Port Melbourne

705/57 Bay St, Port Melbourne is a 1 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 2007. The property has a land size of 86m2 and floor size of 72m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 1 bedroom Unit sold in Port Melbourne in the last 12 months.

Building Type
Unit
Year Built
2007
Floor Size
72m2
Land Size
86m2
Local Government
Port Phillip
Lot/Plan
A705/PS500744

Last Listing description (September 2024)

Light, bright and incredibly spacious, this beautiful two-bedroom apartment situated in the highly desired 'Bayshore' complex is the key to experiencing the absolute best Port Melbourne has to offer. Occupying a prime position on one of Melbourne's iconic strips, you're located amongst famously loved cafes, restaurants and shops whilst only being mere steps away from the beachfront.

Open and inviting, this stunning apartment boasts full length of floor to ceiling windows, filling the extensive open living and dining area with daylight, leading directly out to the neat balcony to capture sunsets. The modern kitchen boasts stainless steel appliances including a gas cook top, stone bench tops and abundant storage. Two generous bedrooms with built in robes are serviced by the sparkling central bathroom with European laundry.

Additional features include two secure car spaces plus substantial storage cage, split system heating and cooling, intercom and swipe access, resort-style facilities with heated indoor swimming pool and fully equipped gym. Containing a beautiful landscaped central communal courtyard, the complex can be conveniently accessed via entry points on Bay Street, Nott Street and Rouse Street. Enviably located with everything you need at your doorstep, this incredible opportunity for low-maintenance bayside living is not to be missed!

Property History for 705/57 Bay St, Port Melbourne, VIC 3207

A timeline of how this property has performed in the market
Last Sold
$735,000
15 Aug 2024
Listed for Rent
$300/w
20 Jun 2016
  • 15 Aug 2024
    Sold for $735,000
  • 24 Jul 2024
    Listed for Sale $700,000 - $750,000
  • 14 Jun 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 13,214 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.