402 Bay Street, Port Melbourne, VIC 3207 | Property Value & History | OnTheHouse
OFF MARKET

402 Bay Street
Port Melbourne VIC 3207

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 72m2
Land area: 133m2
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Property Details for 402 Bay St, Port Melbourne

402 Bay St, Port Melbourne is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2006. The property has a land size of 133m2 and floor size of 72m2. While the property is not currently for sale or for rent, it was last sold in March 2024.

Building Type
Unit
Year Built
2006
Floor Size
72m2
Land Size
133m2
Local Government
Port Phillip
Lot/Plan
2/SP22273

Last Listing description (March 2024)

Exceeding all expectations behind its classic facade, the skilful renovation of this two-bedroom Victorian has created a generously proportioned inner-city home of style, easy functionality, and meticulous attention to detail.

Positioned on the cusp of Port's iconic lifestyle precinct, its sensational single-level accommodation provides a peaceful, private sanctuary with indoor/outdoor entertaining AND secure off-street parking just a short stroll from every amenity.


A superb surprise behind its sunny, high-fenced entry courtyard, a spacious skylit hall links together a series of carefully curated rooms including two brilliant bedrooms featuring floor-to-ceiling BIRs and skylights with electric block-out blinds, the main with twin BIRs and silent double glazing, a polished central bathroom and a beautifully generous open plan living/dining domain that features a Caesarstone kitchen whose astute design includes Miele appliances, dish drawer dishwasher and impressive drawer storage beneath a beaming skylight.

A wall of floor-to-ceiling glazing captures expansive views of the deep private courtyard, with sliding glass doors offering a seamless connection for easy entertaining.

Further highlights include concealed full laundry, split heating/cooling, polished cement floors, Pure new wool carpet, high ceilings, original brick feature wall and the inner-city luxury of secure parking via second frontage to Lyons Street.

Walk to every iconic Port attraction, including Bay Street's boutiques, shops, restaurants and bars, the beach and foreshore promenade, Lagoon Reserve, Gasworks Arts Park, light rail links to the CBD, childcare and kinder options, Albert Park Secondary College and so much more.

Property History for 402 Bay St, Port Melbourne, VIC 3207

A timeline of how this property has performed in the market
Last Sold
$1,240,000
08 Mar 2024
Listed for Rent
$630/w
19 Mar 2019
  • 08 Mar 2024
    Sold for $1,240,000
  • 07 Feb 2024
    Listed for Sale $1,230,000 - $1,300,000
  • 26 Feb 2019
    Listed for Rent $630 / week
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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 13,445 properties. Over the last 5 years, Houses in Port Melbourne have seen a -6.23% decrease in median value, while Units have seen a -2.72% decrease. As at 31 July 2026:

  • The median value for Houses in Port Melbourne is $1,661,716 while the median value for Units is $827,733.
  • Houses have a median rent of $900 while Units have a median rent of $750.
There are currently 9 properties listed for sale, and 25 properties listed for rent in Port melbourne on OnTheHouse. According to Cotality's data, 519 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.