165 Bay Street, Port Melbourne, VIC 3207 | Property Value & History | OnTheHouse
OFF MARKET

165 Bay Street
Port Melbourne VIC 3207

Bedrooms: 3
Bathrooms: -
Car spaces: -
Land area: 145m2
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Last updated 9 Feb 2026
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Property Details for 165 Bay St, Port Melbourne

165 Bay St, Port Melbourne is a 3 bedroom, 0 bathroom Unit. The property has a land size of 145m2. While the property is not currently for sale or for rent, it was last sold in October 2022.

Building Type
Unit
Land Size
145m2
Local Government
Port Phillip
Lot/Plan
1/LP2832

Last Listing description (October 2022)

Gorman Allard Shelton is pleased to offer this secure retail investment plus first floor residence to renovate within the heart of Bay Street.

Public Auction: Wednesday 26th October at 12 noon on-site

Key attributes of the property include:

* Set amongst vibrant retailers
* Ground floor returning $44,928 pa at 01/12/2022
* Great rear access to separate first floor
* Loads of upside to renovate
* Land and building area: 145 sqm approx.
* Car access at rear
* Occupy or rent first floor separately

Situated in the heart of the Bay Street retail precinct only metres to Coles, Telstra and Australia Post.

Open For Inspection:
Tuesdays: 12.00pm - 12.30pm
Thursdays: 4.00pm - 4.30pm

Property History for 165 Bay St, Port Melbourne, VIC 3207

A timeline of how this property has performed in the market
Last Sold
$1,570,000
26 Oct 2022
  • 26 Oct 2022
    Sold for $1,570,000
  • 28 Sep 2022
    Listed for Sale Contact Agent
  • 01 Jan 2006
    Transferred
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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 13,428 properties. Over the last 5 years, Houses in Port Melbourne have seen a -1.39% decrease in median value, while Units have seen a 5.66% increase. As at 31 January 2026:

  • The median value for Houses in Port Melbourne is $1,583,418 while the median value for Units is $849,475.
  • Houses have a median rent of $800 while Units have a median rent of $750.
There are currently 16 properties listed for sale, and 16 properties listed for rent in Port melbourne on OnTheHouse. According to Cotality's data, 588 properties were sold in the past 12 months in Port melbourne.

Suburb Insights for Port Melbourne 3207

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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.