407/55 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 51m2. While the property is not currently for sale or for rent, it was last sold in June 2025. There are other 1 bedroom Unit sold in Port Melbourne in the last 12 months.
Bayside living in the heart of Port Melbourne
As you step foot through the door into this generous and light-filled apartment, it is the necessary escape you need from busy city life. Just steps in from the central hub of Port Melbourne, Bay Street's local shops, cafes and restaurants, and with the beachfront at the end of your street, this enviable location means you have everything you need within arm's reach. The recently refurbished apartment with a northerly orientation, presents an ideal floorplan with great flow, between the open plan arrangement, sizable kitchen, dining and living spaces. The bathroom is centrally positioned and assisted by a tidy adjacent European laundry. Additionally, the apartment features block-out blinds, reverse-cycle heating and cooling, video intercom entry and secure garage for 1 car.
The Bayshore building also provides fantastic facilities including pool and gym, whilst the location is facilitated by multiple pubic transport options, this has all the amenity you could ask for. This is truly low maintenance lifestyle, at its best.
**12 Month Lease Term** / ** Unfurnished
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 13,425 properties. Over the last 5 years, Houses in Port Melbourne have seen a 10.40% increase in median value, while Units have seen a 10.72% increase. As at 30 November 2025:
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