SOLD
Sold on 07 May 2024 for $790,000

8/48 Esplanade West
Port Melbourne VIC 3207

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 101m2
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Property Details for 8/48 Esplanade West, Port Melbourne

8/48 Esplanade West, Port Melbourne is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2000. The property has a floor size of 101m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 2 bedroom Unit sold in Port Melbourne in the last 12 months.

Building Type
Unit
Year Built
2000
Floor Size
101m2
Local Government
Port Phillip
Lot/Plan
8/PS407138

Last Listing description (April 2020)

This is a delightful corner apartment in a sought after complex within a few minutes walk to the waterfront. It boasts modern, stylish living close to the beach and Bay Street shopping precinct.

Features include:
- Secure foyer entry

- Two bedrooms
- Light filled living area with balcony access
- Fully appointed kitchen
- Good size bathroom with laundry facilities
- Undercover car space for one car
- Pool and gym facilities

Arranging an inspection is easy. To book a time to inspect, simply click on 'Email Agent' to arrange. By registering, you will be instantly informed of any updates, changes or cancellations for your appointment.

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Property History for 8/48 Esplanade West, Port Melbourne, VIC 3207

A timeline of how this property has performed in the market
Last Sold
$790,000
07 May 2024
Listed for Rent
$580/w
12 Mar 2020
  • 07 May 2024
    Sold for $790,000
  • 18 Feb 2020
    Listed for Rent $580 / week
  • 13 Feb 2019
    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 13,215 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.