12/87 Ross StreetPort Melbourne VIC 3207
Property Details for 12/87 Ross St, Port Melbourne
12/87 Ross St, Port Melbourne is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 561m2 and floor size of 40m2. While the property is not currently for sale or for rent, it was last sold in August 2022.
Last Listing description (August 2022)
For the Home buyer, this is cheaper than renting, for the investor it offers a 5%+ return, in each case this home is priced to sell!
Secure this boutique apartment moments from Bay Street's restaurants, cafs, shops, and Port Melbourne Beach.
With many features to offer there's a large bedroom with built in robes and ensuite bathroom with bath and shower. The bright open plan living with expansive picture window overlooks the separate kitchen with breakfast bar. There's security entrance, a communal laundry and secure parking on title.
Don't miss this opportunity in an unbeatable location. Purchase as a first home buyer or a great addition to your investment portfolio.
Property History for 12/87 Ross St, Port Melbourne, VIC 3207
- 02 Aug 2022Sold for $315,000
- 06 Jun 2022Listed for Sale Private Sale $330,000 to $340,000
- 28 Oct 2019Listed for Rent $330 / week
Recent sales nearby
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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 13,450 properties. Over the last 5 years, Houses in Port Melbourne have seen a -8.74% decrease in median value, while Units have seen a -4.60% decrease. As at 31 August 2026:
- The median value for Houses in Port Melbourne is $1,647,078 while the median value for Units is $826,421.
- Houses have a median rent of $900 while Units have a median rent of $750.
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