261 Bridge Street, Port Melbourne, VIC 3207 | Property Value & History | OnTheHouse
 
OFF MARKET

261 Bridge Street
Port Melbourne VIC 3207

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Land area: 328m2
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Last updated 2 Feb 2026
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Property Details for 261 Bridge St, Port Melbourne

261 Bridge St, Port Melbourne is a 3 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 328m2. While the property is not currently for sale or for rent, it was last sold in August 2023.

Building Type
House
Land Size
328m2
Local Government
Port Phillip
Lot/Plan
CP157713

Last Listing description (September 2023)

OBVIOUS
Step into a realm of unlocked opportunity at 261 Bridge Street. This property, spanning approx. 328m2 with rear lane access, is a rare gem. Offered for sale for the first time as a single block this is an unmistakable opportunity to remodel or rebuild (STCA); the stage is set to create a residence of epic proportions.

The family friendly floorplan invites modernization, and infinite opportunity to add value. With 4 bedrooms, dual living zones and rear access with parking for up to 4 cars, the possibilities are endless.

The location is second to none, nestled in Port Melbourne just between the beach and the CBD, and with a cafes, shops and schools at your fingertips, plus everything else Bay St has to offer.

SEALS THE DEAL
The canvas is yours, the potential boundless.

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Property History for 261 Bridge St, Port Melbourne, VIC 3207

A timeline of how this property has performed in the market
Last Sold
$2,120,000
26 Aug 2023
  • 26 Aug 2023
    Sold for $2,120,000
  • 08 Aug 2023
    Listed for Sale Not Disclosed
  • 16 Sep 2005
    Sold for $670,000
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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 -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 11 properties listed for rent in Port melbourne on OnTheHouse. According to Cotality's data, 583 properties were sold in the past 12 months in Port melbourne.

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Cotality Copyright and Legal Disclaimers about Property Data

© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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.

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