402/55 Bay StreetPort Melbourne VIC 3207
Property Details for 402/55 Bay St, Port Melbourne
402/55 Bay St, Port Melbourne is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2006. The property has a land size of 7167m2 and floor size of 59m2. While the property is not currently for sale or for rent, it was last sold in July 2025.
Last Listing description (September 2025)
Dont miss out on your opportunity to snap up the vibrant bayside lifestyle youve always dreamed of. Take the lift to the 4th floor of the Bayshore apartment complex & discover a stylish apartment with all the conveniences you could wish for close by. Whether youre a young professional wanting to make your mark or a savvy investor looking for a high growth location, this lock & leave apartment, ideally located in an ultra-convenient location just metres from the beach, ticks all the boxes. Featuring a generous open plan living & dining space bathed in natural light with sliding doors opening out to an oversized entertainers balcony & further complemented by a modern stone topped kitchen with stainless steel appliances. While two good-sized bedrooms (one with balcony outlook & built-in robes) & a sparkling central bathroom with shower over bath & Euro laundry completes the accommodation. Other features include video intercom entry, split system heating/cooling, secure off street parking for one car & resortstyle amenities including a heated lap pool, gym & attractive garden surrounds. Ideally located just an easy walk to Port Melbournes fabulous cafes, restaurants & retail shopping area, the beach & a short trip to the CBD.
Property History for 402/55 Bay St, Port Melbourne, VIC 3207
- 17 Jul 2025Sold for $675,000
- 17 Jun 2025Listed for Sale $630,000 - $690,000
- 14 Mar 2023Sold for $651,000
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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 13,442 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.
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