38 Velvet Road, Port Melbourne, VIC 3207 | Property Value & History | OnTheHouse
OFF MARKET

38 Velvet Road
Port Melbourne VIC 3207

Bedrooms: 3
Bathrooms: 3
Car spaces: 2
Floor area: 146m2
Land area: 109m2
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Property Details for 38 Velvet Rd, Port Melbourne

38 Velvet Rd, Port Melbourne is a 3 bedroom, 3 bathroom Townhouse with 2 parking spaces and was built in 2018. The property has a land size of 109m2 and floor size of 146m2. While the property is not currently for sale or for rent, it was last sold in February 2024.

Building Type
Townhouse
Year Built
2018
Floor Size
146m2
Land Size
109m2
Local Government
Port Phillip
Lot/Plan
226/PS718981

Last Listing description (June 2026)

Contact the agent if you would like a private inspection.

Incorporating a Scandinavian sense of Style this designer residence is in pristine condition and a great investment. In a leafy setting opposite Port Melbourne Football ground this 5-year-old townhouse will impress with its quality of finish and inclusions. The contemporary floor plan and no maintenance lifestyle will suit a busy professional couple or family wanting to live near the city and the sea. This home requires no renovation and is desirably affordable with the benefit of a 6kw Solar System included.

Comprising176 sqm (internal) plus two outdoor areas, three bedrooms, three bathrooms, two car garage, this home ticks all the boxes including value. By living near the beach, you benefit from inner city convenience and rewarding investment gains.

Ground Level: security entry to reception, double bedroom with ensuite, euro laundry, outdoor courtyard and remote entry from the double car garage.

First Level: expansive open plan living & dining areas and large entertaining deck with a beautiful leafy outlook. The fabulous kitchen is fitted with Smeg appliances, stone breakfast bar and ample storage and cabinetry.

Second Level: houses 2 large bedrooms, master with his and hers walk in robes and stylish ensuite, the 2nd double bedroom is served by a large central bathroom with bath. A home office is fitted and creates a dedicated study.

Why not own a bayside property, 2 kilometers to the City with Woollworths, Coles, tram and schools just minutes away. Bay Street, South Wharf, South Melbourne market all nearby and the CBD 2 Kms away.

Offered for Private Sale.

Property History for 38 Velvet Rd, Port Melbourne, VIC 3207

A timeline of how this property has performed in the market
Last Sold
$1,342,000
27 Feb 2024
  • 27 Feb 2024
    Sold for $1,342,000
  • 01 Dec 2023
    Listed for Sale Under Offer
  • 09 Dec 2021
    Sold for $1,400,000
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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 13,440 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 9 properties listed for sale, and 18 properties listed for rent in Port melbourne on OnTheHouse. According to Cotality's data, 532 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.