3/48 Esplanade West, Port Melbourne, VIC 3207 | Property Value & History | OnTheHouse
OFF MARKET

3/48 Esplanade West
Port Melbourne VIC 3207

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 94m2
Land area: 1085m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 31 Aug 2026
Low

High
Save

Property Details for 3/48 Esplanade West, Port Melbourne

3/48 Esplanade West, Port Melbourne is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2000. The property has a land size of 1085m2 and floor size of 94m2. While the property is not currently for sale or for rent, it was last sold in January 2025.

Building Type
Unit
Year Built
2000
Floor Size
94m2
Land Size
1085m2
Local Government
Port Phillip
Lot/Plan
3/PS407138

Last Listing description (February 2025)

Footsteps from Bay Street and your own local beach, this spacious 2 bedroom, 2 bathroom, 3 balcony corner apartment has been expertly designed for stunning indoor/outdoor entertaining. Take full advantage of 2 secure side-by-side basement car parks in the resort-inspired luxury of award-winning The Port complex.

This top-floor temptation comes alive throughout spacious open-plan living and dining under towering ceilings, underpinned by a chef-friendly kitchen graced with a breakfast bar and a Bosch dishwasher.

Step outside to a choice of sunlit balconies, both with their own charms. A north-facing one sweeps over local rooftops towards the soaring city skyline, while the other is peacefully perched above native treetops. Alfresco entertaining will be a dream in this apartment.

2 large, robed and bright bedrooms, main with walk-in robes, ensuite, panel heating and a private balcony overlooking a central leafy garden
Primary bathroom with a shower over a bathtub
Convenient Euro laundry
Split-system heating and cooling plus panel heating
Roller blinds
Secure intercom and keypad entrance
Storage cage
Access to resort-style gardens, pool and gym
Individual block of four apartments as part of The Port complex

This radiant retreat is the perfect fit for city professionals, discerning downsizers, astute investors and those searching for a central base with lock-and-leave security. Walk to Bay Street attractions, Lagoon Reserve, Gasworks Arts Park, foreshore fitness trails, Port Phillip Bay and light rail links for a quick commute to the CBD.

For more information, please contact Andrew McCalman today.

3 x LITTLE THINGS WE LOVE

1. Gasworks Farmers' Market
Fresh produce third Saturday of every month

2. The Graham Hotel
Stroll to a stylish gastropub

3. Port Melbourne Beach
Golden sand, blue water and fitness trails

Disclaimer:
Little Real Estate has not independently checked any of the information we merely pass on. We make no comment on and give no warranty as to the accuracy of the information contained in this document which does not constitute all or any part of any offer or contract by the recipient. Prospective purchasers must rely on their own enquiries and should satisfy themselves as to the truth or accuracy of all information given by their own inspections, searches, inquiries, advices or as is otherwise necessary. No duty of care is assumed by Little Real Estate toward the recipient with regard to the use of this information and all information given is given without responsibility.

Property History for 3/48 Esplanade West, Port Melbourne, VIC 3207

A timeline of how this property has performed in the market
Last Sold
$840,000
24 Jan 2025
Listed for Rent
$650/w
24 Nov 2022
  • 24 Jan 2025
    Sold for $840,000
  • 08 Oct 2024
    Listed for Sale $850,000 - $900,000
  • 08 Nov 2022
    Listed for Rent $650 / week
Sign in to see more transactions
Commute Calculator

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 13,454 properties. Over the last 5 years, Houses in Port Melbourne have seen a -6.23% decrease in median value, while Units have seen a -2.72% decrease. As at 31 July 2026:

  • The median value for Houses in Port Melbourne is $1,661,716 while the median value for Units is $827,733.
  • Houses have a median rent of $900 while Units have a median rent of $750.
There are currently 11 properties listed for sale, and 21 properties listed for rent in Port melbourne on OnTheHouse. According to Cotality's data, 522 properties were sold in the past 12 months in Port melbourne.

Suburb Insights for Port Melbourne 3207

Market Insights
Port Melbourne Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Port Melbourne Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.