118 Princes St, Port Melbourne is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2002. The property has a land size of 1508m2 and floor size of 106m2. While the property is not currently for sale or for rent, it was last sold in June 2025.
Spacious and thoughtfully designed, this two-storey townhouse presents an exceptional opportunity for a lucky buyer seeking a prime Bayside lifestyle. With a brilliant layout that ensures perfect separation between the living and sleeping areas, it provides a harmonious blend of comfort and convenience. Positioned perfectly between the beach and the iconic Bay St shopping strip, this lovely home provides the perfect spot for those looking to embrace Port Melbourne living. From the moment you step through the front door, you are greeted with an incredibly inviting atmosphere. Featuring a private entry with sun-drenched front courtyard, the home exudes warmth and charm. The expansive open-plan living and dining areas flow seamlessly into the fully equipped kitchen, making it ideal for both entertaining and relaxing, with a separate powder room for added convenience. Upstairs, both generously sized bedrooms come complete with their own ensuites and built-in wardrobes. The primary bedroom boasts a full-width private balcony, offering the perfect spot to unwind and enjoy views of the surrounding area, including an excellent vantage point for the occasional fireworks display. Additional features also include two dedicated car spaces with internal access, a huge separate storage cage, and split system heating and cooling to ensure year-round comfort. Location is key, and this townhouse offers an enviable lifestyle with the beach just a short stroll away and the light rail station located almost at your doorstep, making commuting into the city effortless. Convenient access to major roads, plus the vibrant Bay Street full of shops, cafes and restaurants, means you'll never run out of options for dining or leisure.
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 13,393 properties. Over the last 5 years, Houses in Port Melbourne have seen a -0.70% decrease in median value, while Units have seen a 0.22% increase. As at 31 May 2026:
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