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

427 Bay Street
Port Melbourne VIC 3207

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 99m2
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Last updated 29 Jun 2026
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Property Details for 427 Bay St, Port Melbourne

427 Bay St, Port Melbourne is a 2 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 99m2. While the property is not currently for sale or for rent, it was last sold in July 2024.

Building Type
House
Land Size
99m2
Local Government
Port Phillip
Lot/Plan
2/LP149636

Last Listing description (December 2025)

A trademark Victorian terrace on the Paris end of Bay Street, this authentic 3 bedroom solid brick treasure is the 'one' worth renovating.

Retaining the timeless character of four open fireplaces, soaring ceilings on both floors, ceiling roses, deep cornices, high skirting boards and an arched hallway, this 19th century classic is ready for an inspired transformation.

A solid framework, the current layout features charming lounge and dining room (potential 3rd bedroom), a retro kitchen, 2 generous upstairs bedrooms (1 with sash window to the decked balcony terrace) and an external bathroom/laundry in the north-west facing rear courtyard.

In a row of heritage protected terraces within this low traffic pocket, walk to a renowned selection of cafes and restaurants, the city bound light rail, Coles, Edwards Park and Port Melbourne Primary School, while moments to weekend fun at the South Melbourne Market, Gasworks Farmers' Market and Port Melbourne Beach.

Vintage character
Renovation scope
North west facing rear orientation
A quiet Bay Street pocket
Lap up the local caf scene

Property History for 427 Bay St, Port Melbourne, VIC 3207

A timeline of how this property has performed in the market
Last Sold
$1,008,600
13 Jul 2024
Listed for Rent
$520/w
28 Sep 2021
  • 13 Jul 2024
    Sold for $1,008,600
  • 18 Jun 2024
    Listed for Sale Sold at auction
  • 26 May 2021
    Listed for Rent $520 / 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 13,392 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.
There are currently 9 properties listed for sale, and 17 properties listed for rent in Port melbourne on OnTheHouse. According to Cotality's data, 539 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.