385 Princes Street, Port Melbourne, VIC 3207 | Property Value & History | OnTheHouse
OFF MARKET

385 Princes Street
Port Melbourne VIC 3207

Bedrooms: 3
Bathrooms: 2
Car spaces: -
Land area: 129m2
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Last updated 11 May 2026
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Property Details for 385 Princes St, Port Melbourne

385 Princes St, Port Melbourne is a 3 bedroom, 2 bathroom House. The property has a land size of 129m2. While the property is not currently for sale or for rent, it was last sold in June 2023.

Building Type
House
Land Size
129m2
Local Government
Port Phillip
Lot/Plan
1/TP901847

Last Listing description (June 2023)

A spectacular achievement in design and state-of-the-art luxury, this brand-new three-bedroom contemporary residence by local architectural and design firm 'Home by MM' delivers peerless living in a coveted parkside street on the verge of Bay Street.

Beyond a beautiful double-fronted Victorian faade, a spectacular transformation takes hold, making the most of every inch of space of its 24'9" wide (approx.) site, with herringbone oak floors and high ceilings flowing from the gentle curves in the entrance hall to the spectacular northern open-plan living domain at the rear. Exquisite natural marble surfaces and LED recessed lighting create cohesion throughout, with bespoke curved stone benchtops making a lasting impression in the gourmet kitchen, hosting fully integrated Fisher & Paykel appliances, including an integrated fridge/freezer and dishwasher. Floor-to-ceiling stacked sliding doors unveil a seamless alfresco connection to the rear courtyard, where you can entertain within the absolute bliss of high-walled privacy or curl up by the freestanding cast-iron designer fireplace in the lounge. Upstairs, the 40sqm (approx.) roof terrace with city views and built-in BBQ kitchen emphasises the entertainer's aspect, spilling out from the second living zone.

A grandly proportioned main suite is a designer haven on the ground floor, benefitting from the gorgeous curved wall and day bed, a luxe dual-vanity ensuite and a fitted walk-through robe. Two additional robed bedrooms sit upstairs, one with terrace access, plus an expertly designed family bathroom with a wet room and heated towel rails. In a genuine lifestyle position, this incredible home is comprehensively appointed with bulk-head reverse-cycle heating/AC, integrated joinery, study nook, zoned sound system, a terrazzo powder room, alarm system, water tank (2,000L), Euro laundry and double glazing throughout.

Property History for 385 Princes St, Port Melbourne, VIC 3207

A timeline of how this property has performed in the market
Last Sold
$2,570,000
17 Jun 2023
  • 17 Jun 2023
    Sold for $2,570,000
  • 23 May 2023
    Listed for Sale Contact Agent
  • 11 Mar 2021
    Sold for $1,180,000
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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 13,418 properties. Over the last 5 years, Houses in Port Melbourne have seen a 0.86% increase in median value, while Units have seen a 2.21% increase. As at 30 April 2026:

  • The median value for Houses in Port Melbourne is $1,665,068 while the median value for Units is $842,420.
  • Houses have a median rent of $893 while Units have a median rent of $730.
There are currently 13 properties listed for sale, and 19 properties listed for rent in Port melbourne on OnTheHouse. According to Cotality's data, 563 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.