1002/155 Beach Street, Port Melbourne, VIC 3207 | Property Value & History | OnTheHouse
 
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1002/155 Beach Street
Port Melbourne VIC 3207

Bedrooms: 5
Bathrooms: 6
Car spaces: 8
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Last updated 26 Jan 2026
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Property Details for 1002/155 Beach St, Port Melbourne

1002/155 Beach St, Port Melbourne is a 5 bedroom, 6 bathroom Unit with 8 parking spaces and was built in 2005.

Building Type
Unit
Year Built
2005
Local Government
Port Phillip
Lot/Plan
137/PS422659

Last Listing description (May 2025)

Grand-Scale Penthouse Living with Breathtaking Views

Available via Expressions of Interest

Crowning Melbournes most coveted waterfront address, this grand penthouse in Beacon Cove redefines luxury living on an unparalleled scale. Spanning the entire floor, with 604 sqm approx of internal living, these two apartments, meticulously combined into one expansive residence. It boasts sweeping 360-degree views that will never be obstructed, capturing the bay, city skyline, and distant ranges in an awe-inspiring panorama. With private lift access opening directly into your exclusive foyer and secure parking for eight, this is a statement of prestige reserved for the discerning few.

With unprecedented scale and natural north-facing light, five distinct and generous living areas all frame breathtaking bay vistas, seamlessly extending to an enormous 320 sqm approx covered terrace with a 64m frontage that embraces the home. This harmonious blend of indoor-outdoor living creates a setting of absolute distinction, complemented by two gourmet kitchens, each with a comprehensive Miele appliances suite and stone benchtops.

Each of the five bedrooms, all with walk-in or built-in robes, including the luxurious primary bedroom suite, opens to private terraces, offering magical changing scenes of glorious sunsets, sunrises, passing ships, hot air balloons, not to mention the NYE fireworks. Sublime finishes highlight the contemporary allure, from extensive custom joinery, reverse-cycle heating/cooling systems to new 100% wool carpets, an integrated sound system in the formal living room, a home office and six impeccably appointed bathrooms, including four ensuites and a powder room.

Residents also benefit from access to a resort-style heated pool and the convenience of a building manager, whilst the penthouse features eight private parking bays, one with EV charging point and extensive storage areas, furthering the exclusive appeal. Whether for grand-scale entertainment, all-encompassing family living, or dual living opportunities, this exceptional property is just moments from the light rail, Bay Street, leading schools, and the CBD.

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Property History for 1002/155 Beach St, Port Melbourne, VIC 3207

A timeline of how this property has performed in the market
  • 30 Sep 2024
    Listed for Sale $8,750,000 - $9,500,000
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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 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 13,426 properties. Over the last 5 years, Houses in Port Melbourne have seen a 4.35% increase in median value, while Units have seen a 6.29% increase. As at 31 December 2025:

  • The median value for Houses in Port Melbourne is $1,668,811 while the median value for Units is $858,032.
  • Houses have a median rent of $795 while Units have a median rent of $750.
There are currently 14 properties listed for sale, and 12 properties listed for rent in Port melbourne on OnTheHouse. According to Cotality's data, 578 properties were sold in the past 12 months in Port melbourne.

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© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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