118 Princes Street, Port Melbourne, VIC 3207 | Property Value & History | OnTheHouse
OFF MARKET

118 Princes Street
Port Melbourne VIC 3207

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 106m2
Land area: 1508m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 29 Jun 2026
Low

High
Save

Property Details for 118 Princes St, Port Melbourne

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.

Building Type
Unit
Year Built
2002
Floor Size
106m2
Land Size
1508m2
Local Government
Port Phillip
Lot/Plan
3/PS428544

Last Listing description (July 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.

Property History for 118 Princes St, Port Melbourne, VIC 3207

A timeline of how this property has performed in the market
Last Sold
$950,000
19 Jun 2025
Listed for Rent
$825/w
31 May 2023
  • 19 Jun 2025
    Sold for $950,000
  • 18 Feb 2025
    Listed for Sale $930,000 - $960,000
  • 24 Apr 2023
    Listed for Rent $825 / week
Sign in to see more transactions
Commute Calculator

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 13,393 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:

  • The median value for Houses in Port Melbourne is $1,727,863 while the median value for Units is $844,356.
  • Houses have a median rent of $900 while Units have a median rent of $730.
There are currently 9 properties listed for sale, and 18 properties listed for rent in Port melbourne on OnTheHouse. According to Cotality's data, 551 properties were sold in the past 12 months in Port melbourne.

Suburb Insights for Port Melbourne 3207

Market Insights
Port Melbourne Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Port Melbourne Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.