123 Albert St, Port Melbourne is a 4 bedroom, 2 bathroom House. While the property is not currently for sale or for rent, it was last sold in April 2017.
The architecturally striking 3 year old transformation of this classic freestanding block-fronted Victorian residence has resulted in a spectacular contemporary domain that exceeds all expectations in terms of scale, style and quality. Enviably situated in a quiet location near the light rail, Bay Street shops and restaurants, schools and the beach, it offers irresistible lifestyle appeal. Hardwood floors flow through the entrance hall to a beautiful bedroom with open fireplace and plantation shutters, second double bedroom with built in robe and a stylish bathroom. A suspended timber staircase leads up to the main bedroom with designer en-suite, walk in robe, north-facing balcony offering city views and a large retreat or 4th bedroom. Polished concrete floors and dark timber cabinetry make a more contemporary statement through the expansive living and dining room with pebble fireplace and sublime gourmet kitchen boasting stone benches, marble splash-back and Miele/Smeg appliances. Full width glass doors open to a private north-facing decked courtyard, ideal for al fresco entertaining. Meticulously constructed and finished throughout, it also includes ducted heating and cooling, Euro-laundry and ample storage.
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 13,385 properties. Over the last 5 years, Houses in Port Melbourne have seen a 0.86% increase in median value, while Units have seen a 2.21% increase. As at 30 April 2026:
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