399 Princes St, Port Melbourne is a 2 bedroom, 1 bathroom House and was built in 1890. The property has a land size of 81m2 and floor size of 91m2. While the property is not currently for sale or for rent, it was last sold in July 2026. There are other 2 bedroom House sold in Port Melbourne in the last 12 months.
With parkland at the doorstep, a northeastern rear aspect and the city only minutes away, this beautifully renovated Victorian offers a lifestyle few addresses can rival. Beyond its traditional solid-brick faade, a dual-level extension and intelligent redesign have maximised every inch of the original footprint, creating a light-filled contemporary space that capitalises on its prized orientation and delivers exceptional low-maintenance appeal in a highly sought-after city-edge setting.
Richly-toned timber floors flow throughout the ground floor, introducing a gracious living room enhanced by a gas fireplace, decorative cornices and designer lighting. To the rear, a sleek stone kitchen, appointed with integrated refrigeration and quality Fisher & Paykel appliances, including a DishDrawer, is complemented by a scullery/laundry and extensive pantry storage. Overlooking the adjoining meals area, it presents a sensational seasonal transition zone, with bi-fold doors that open to a generously proportioned paved courtyard, perfect for alfresco dining and entertaining, complete with pedestrian access via the rear right-of-way. Upstairs comprises two bedrooms with built-in robes, including a light-filled main bedroom with a sunny outlook and custom window seat, supported by a stylish central bathroom featuring a skylight, twin shower and full-height hexagonal tiling.
Additional features include split-system heating and cooling, double glazing to the rear, a powder room, abundance of storage, and multiple skylights, whilst the first-class position between Sangster and Smith Reserves places you within steps of the city-bound light rail, and a short walk from Bay Street's renowned cafes and restaurants, South Melbourne Market, excellent schools and the beach.
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 13,445 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:
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