245 Princes Street, Port Melbourne, VIC 3207 sold on 04 July 2026 | OnTheHouse
SOLD
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Sold on 04 Jul 2026 for $1,325,000

245 Princes Street
Port Melbourne VIC 3207

Bedrooms: 3
Bathrooms: 2
Car spaces: -
Floor area: 125m2
Land area: 114m2
Sold By
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Jellis Craig Port Phillip
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Property Details for 245 Princes St, Port Melbourne

245 Princes St, Port Melbourne is a 3 bedroom, 2 bathroom House and was built in 1910. The property has a land size of 114m2 and floor size of 125m2. While the property is not currently for sale or for rent, it was last sold in July 2026. There are other 3 bedroom House sold in Port Melbourne in the last 12 months.

Building Type
House
Year Built
1910
Floor Size
125m2
Land Size
114m2
Local Government
Port Phillip
Lot/Plan
2/TP600907

Last Listing description (July 2026)

Beautifully positioned directly opposite the park in a premium inner-city pocket, this double-storey, double-fronted Victorian reveals an architectural transformation beyond its traditional faade, with solid brick construction and a brilliant northern rear aspect that floods the three-bedroom spaces with natural light. Surrounded by greenery at both the front and rear, yet mere steps from the light rail, Bay Streets retail and dining precinct, leading schools, the beach and the CBD, it offers an enviable lifestyle within easy reach of the citys best beachside amenities.Behind the charming period profile, the wide proportions immediately impress, leading past the spacious Miele-appointed kitchen to expansive open-plan living and dining areas at the rear. Bi-fold doors extend the living outdoors to a sun-soaked garden with exceptional privacy, evergreen surroundings, a storage room/workshop and roller door access via the ROW, offering future scope for off-street parking if desired.Upstairs, a second living area or study spills onto a balcony, capturing city views through the treetops, and is accompanied by a generous bedroom with walk-in robe and northern outlooks, a second bedroom with built-in robes, a desk and park views, plus a skylit central bathroom with bath/shower combination. A ground-floor main bedroom with built-in storage and an ensuite provides excellent flexibility for guests or downsizers, whilst additional appointments include electric panel heating, split-system heating/cooling, an upper-level laundry, and a heat pump hot water system. Providing all the character of a classic Victorian with the ease of a modern-day transformation, its a property that delivers immediate lifestyle rewards while still leaving room to make your own mark over time.

Property History for 245 Princes St, Port Melbourne, VIC 3207

A timeline of how this property has performed in the market
Last Sold
$1,325,000
04 Jul 2026
Listed for Rent
$930/w
02 Jul 2014
  • 04 Jul 2026
    Sold for $1,325,000
  • 11 Jun 2026
    Listed for Sale Auction Saturday July 4 at 11.00am
  • 09 May 2014
    Listed for Rent $930 / week
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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 13,442 properties. Over the last 5 years, Houses in Port Melbourne have seen a -4.39% decrease in median value, while Units have seen a -0.59% decrease. As at 30 June 2026:

  • The median value for Houses in Port Melbourne is $1,684,150 while the median value for Units is $837,951.
  • Houses have a median rent of $900 while Units have a median rent of $730.
There are currently 8 properties listed for sale, and 22 properties listed for rent in Port melbourne on OnTheHouse. According to Cotality's data, 519 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.