229 Princes Street, Port Melbourne, VIC 3207 sold on 29 March 2025 | OnTheHouse
 
SOLD
Sold on 29 Mar 2025 for $1,375,000

229 Princes Street
Port Melbourne VIC 3207

Bedrooms: 2
Bathrooms: 1
Car spaces: -
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Property Details for 229 Princes St, Port Melbourne

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. There are other 2 bedroom House sold in Port Melbourne in the last 12 months.

Building Type
House
Year Built
1864
Local Government
Port Phillip
Lot/Plan
1/TP711138

Last Listing description (February 2022)

Double Fronted 2 Bedroom House.

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.

Property History for 229 Princes St, Port Melbourne, VIC 3207

A timeline of how this property has performed in the market
Last Sold
$1,375,000
29 Mar 2025
  • 14 Jan 2022
    Listed for Rent $790 per week
  • 25 Nov 2020
    Listed for Rent $790 per week
  • 02 Jul 2019
    Listed for Rent $800
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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 13,426 properties. Over the last 5 years, Houses in Port Melbourne have seen a 10.40% increase in median value, while Units have seen a 10.72% increase. As at 30 November 2025:

  • The median value for Houses in Port Melbourne is $1,701,659 while the median value for Units is $871,171.
  • Houses have a median rent of $780 while Units have a median rent of $750.
There are currently 15 properties listed for sale, and 10 properties listed for rent in Port melbourne on OnTheHouse. According to Cotality's data, 584 properties were sold in the past 12 months in Port melbourne.

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