229 Princes St, Port Melbourne is a 2 bedroom, 1 bathroom House and was built in 1864. While the property is not currently for sale or for rent, it was last sold in March 2025.
This beautiful double fronted Victorian house is full of history (Lemontrees circa 1864) but has been completely renovated throughout. Comprising of two large bedrooms, Master with WIRs, large central new bathroom with bath and separate shower. Great sized open plan living area, good sized lounge with OFP and the kitchen has stunning Italian marble benchtops, island bench, European appliances (incl gas cooking) with plenty of cupboard space. Out the back you have your own private courtyard with rear lane ROW. This stunning property comes with Baltic Pine floorboards, heating/cooling and is full of natural light, it is located moments from the Bay St shops and the 109 tram and only a short walk to Port Melbourne Beach.
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 13,386 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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