4/48 Esplanade West, Port Melbourne, VIC 3207 | Property Value & History | OnTheHouse
OFF MARKET

4/48 Esplanade West
Port Melbourne VIC 3207

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 101m2
Land area: 1085m2
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Property Details for 4/48 Esplanade West, Port Melbourne

4/48 Esplanade West, Port Melbourne is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2000. The property has a land size of 1085m2 and floor size of 101m2. While the property is not currently for sale or for rent, it was last sold in March 2023.

Building Type
Unit
Year Built
2000
Floor Size
101m2
Land Size
1085m2
Local Government
Port Phillip
Lot/Plan
4/PS407138

Last Listing description (June 2023)

Of generous size, sunlit interiors are paired with beautiful leafy green aspects, in a blissfully quiet location only one block from the beach whilst just a few minutes walk to Bay Street's famously loved restaurants and shops. One of only 4 units, fortunately positioned in a highly regarded boutique and low-rise building, 'The Port', built by Becton and loved by all, providing residents with great security and privacy, it promises an exceptional lifestyle opportunity.

Combining the most desirable and functional layout, accommodating 2 large bedrooms, the master with its own balcony and both rooms with built-in robes, generous central bathroom with shower over bath and European laundry, sizeable kitchen with excellent storage and bench space, separate dining area, a large lounge leading to north-west facing balcony. Residents also have access to beautiful resort style gardens, well-equipped gym and an outdoor pool.

Additional features include secure entry, ducted heating & air conditioning, underground parking for one car plus storage cage. Conveniently located close to stunning local parks including Lagoon Reserve and Gas Works, stroll to Bay Street eateries, whilst allowing easy access to excellent public transport links for a quick commute to the CBD.

Property History for 4/48 Esplanade West, Port Melbourne, VIC 3207

A timeline of how this property has performed in the market
Last Sold
$870,000
29 Mar 2023
Listed for Rent
$600/w
25 Jul 2022
  • 29 Mar 2023
    Sold for $870,000
  • 07 Mar 2023
    Listed for Sale $790,000 - $840,000
  • 07 Jul 2022
    Listed for Rent $600 / week
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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 13,427 properties. Over the last 5 years, Houses in Port Melbourne have seen a -1.39% decrease in median value, while Units have seen a 5.66% increase. As at 31 January 2026:

  • The median value for Houses in Port Melbourne is $1,583,418 while the median value for Units is $849,475.
  • Houses have a median rent of $800 while Units have a median rent of $750.
There are currently 16 properties listed for sale, and 16 properties listed for rent in Port melbourne on OnTheHouse. According to Cotality's data, 583 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.