307/57 Bay Street, Port Melbourne, VIC 3207 sold on 11 February 2026 | OnTheHouse
SOLD
Sold on 11 Feb 2026 for $561,000

307/57 Bay Street
Port Melbourne VIC 3207

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Property Details for 307/57 Bay St, Port Melbourne

307/57 Bay St, Port Melbourne is a 2 bedroom, 1 bathroom Apartment with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in February 2026. There are other 2 bedroom Apartment sold in Port Melbourne in the last 12 months.

Building Type
Apartment

Last Listing description (February 2026)

• Inviting two-bedroom apartment offering easy modern living in a prime Port Melbourne location

• An outstanding prospect for home buyers and investors alike

• Large covered entertaining balcony

• Two bedrooms with built-in robes

• Open-plan kitchen/dining/living

• Generous bathroom with newly installed walk-in shower walk-in shower and incorporated European laundry

• Engineered timber floorboards

• Split-system heating/cooling

• Secure allocated car space

Offering relaxed modern living, enviable security and a dream Port Melbourne lifestyle, this instantly appealing two-bedroom apartment will delight home buyers and investors alike.

With the city oh-so-close, the beach only footsteps away and Bay Street’s bustling shopping and dining right on your doorstep, this is a lifestyle opportunity not to be missed!

Both bedrooms offer built-in robes for easy storage while the spacious open-plan living zone delivers generous lounge and dining areas with a well-appointed stone-topped kitchen. Offering plenty of space to relax and entertain, the open-plan area spills effortlessly to a large, covered entertaining balcony—the perfect spot to enjoy your morning coffee or an evening drink with friends.

The bathroom is generously proportioned and includes a newly installed walk-in shower and convenient European laundry facilities, while the allocated parking space seals the deal.

This is a must-inspect for lifestyle seekers craving dynamic, city-fringe living. Don’t miss your chance to come and see it for yourself.

Why you’ll love this location:

Situated right in the heart of the action, this address offers unbeatable convenience and VIP access to the fabulous Port Melbourne lifestyle.

Bay Street’s vibrant shopping and dining awaits at your doorstep, offering big-name and boutique retailers, cafes, restaurants and the convenience of Coles.

Walk to the beach in just four minutes* for a run along the bay’s stunning waterfront trail and catch the bus to the incomparable South Melbourne Market to stock up on fresh and gourmet produce.

Proximity to Albert Park’s inviting village adds extra lifestyle appeal, while the short 4.7km* drive makes for a swift work commute. Alternatively, walk to the 109 light rail for easy public transport access.

Sought-after school zoning will delight those with kids, with Port Melbourne Primary School and Port Melbourne Secondary College both within walking distance of home.

*Approximate

Property History for 307/57 Bay St, Port Melbourne, VIC 3207

A timeline of how this property has performed in the market
Last Sold
$561,000
11 Feb 2026
Listed for Rent
$550/w
06 Oct 2023
  • 11 Feb 2026
    Sold for $561,000
  • 25 Nov 2025
    Listed for Sale $575,000
  • 30 Sep 2024
    Listed for Rent $650 / 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 13,446 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 7 properties listed for sale, and 26 properties listed for rent in Port melbourne on OnTheHouse. According to Cotality's data, 534 properties were sold in the past 12 months in Port melbourne.

Suburb Insights for Port Melbourne 3207

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Lachlan Haddrell
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Jas H Stephens Real Estate
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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.