1/356 Bay Street, Port Melbourne, VIC 3207 | Property Value & History | OnTheHouse
OFF MARKET

1/356 Bay Street
Port Melbourne VIC 3207

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Land area: 93m2
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Last updated 17 Aug 2026
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Property Details for 1/356 Bay St, Port Melbourne

1/356 Bay St, Port Melbourne is a 2 bedroom, 1 bathroom Unit. The property has a land size of 93m2.

Building Type
Unit
Land Size
93m2
Local Government
Port Phillip

Last Listing description (May 2026)

*** Please click register now to receive information regarding our inspection times ***

NOTE: Access is via Lyons Street - Port Melbourne (Behind the Shops)

Perfectly positioned above a vibrant shopfront yet offering a surprising sense of privacy and tranquillity, this stylish apartment is accessed via the rear laneway, where a remote garage door provides secure entry before stairs lead you up to your private retreat.

Inside, the apartment features two generous bedrooms, a contemporary bathroom, and a well-appointed kitchen complete with oven and cooktop. Heating and air conditioning ensure year-round comfort, creating a welcoming space to relax and unwind.

Set in the heart of Port Melbourne, you are just moments from an array of cafs, boutique shopping, public transport, and the waterfront lifestyle the area is renowned for all while enjoying the elevated serenity of your own secluded haven.

Ideal for professionals or couples seeking low-maintenance living in a highly sought-after locale, this property offers the perfect blend of lifestyle, comfort, and convenience.

Property is available for a 12 month initial lease.
All of our properties are unfurnished.
Monthly Rent: $2390
Bond: $2390

To inspect, please refer to the listed inspection time (if applicable). If no inspection time is available, or you are not able to make the inspection time/s listed, please select contact agent and register your details.

**PLEASE NOTE: Open for Inspection Times and Property Availability are subject to change or cancellation without notice.

Property History for 1/356 Bay St, Port Melbourne, VIC 3207

A timeline of how this property has performed in the market
  • 24 Mar 2026
    Listed for Rent $550 / week
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About Port Melbourne 3207

The size of Port Melbourne is approximately 10.1 square kilometres. There are 34 parks, covering nearly 11.2% of the total area. The population of Port Melbourne in 2016 was 16175 people. By 2021 the population was 17633 showing a population growth of 9.0% 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 2021, 54.30% of the homes in Port Melbourne were owner-occupied compared with 50.50% in 2016.

Port Melbourne has 13,445 properties. Over the last 5 years, Houses in Port Melbourne have seen a -6.23% decrease in median value, while Units have seen a -2.72% decrease. As at 31 July 2026:

  • The median value for Houses in Port Melbourne is $1,661,716 while the median value for Units is $827,733.
  • Houses have a median rent of $900 while Units have a median rent of $750.
There are currently 8 properties listed for sale, and 25 properties listed for rent in Port melbourne on OnTheHouse. According to Cotality's data, 524 properties were sold in the past 12 months in Port melbourne.

Suburb Insights for Port Melbourne 3207

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.