501/232-242 Rouse Street, Port Melbourne, VIC 3207 | Property Value & History | OnTheHouse
OFF MARKET

501/232-242 Rouse Street
Port Melbourne VIC 3207

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 69m2
Land area: 2231m2
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Last updated 31 Aug 2026
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Property Details for 501/232-242 Rouse St, Port Melbourne

501/232-242 Rouse St, Port Melbourne is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2009. The property has a land size of 2231m2 and floor size of 69m2. While the property is not currently for sale or for rent, it was last sold in October 2015.

Building Type
Unit
Year Built
2009
Floor Size
69m2
Land Size
2231m2
Local Government
Port Phillip
Lot/Plan
501/PS610984

Last Listing description (July 2026)

FURNISHED - Located on the top floor with outstanding views as far as the eye can see from the CBD to Port Phillip Bay. Conveniently positioned within walking distance to Port Melbourne Beach, supermarkets, cafes, plus more along Bay Street.

Comprising a large open plan living & dining area further leading to a large entertainer's balcony. Enjoy the fantastic views day or night from both areas! The modern kitchen with stone benchtop, whitegoods, plenty of storage as well as stainless steel appliances.

Both bedrooms are an excellent sized, with built-in robes. The main bedroom with it's own luxurious ensuite. The property is also serviced by a sparkling central bathroom as well as Euro-laundry.

Further benefits include one under cover car space, storage cage and security key entry with intercom.

INSPECTING IS EASY - Simply scroll down the page to the INSPECTIONS subheading and click REQUEST A TIME to book a date and time or submit your enquiry. Please ensure you register your details prior to attending the inspection. Once registered, we can keep you updated with available inspections times and any changes or cancellations. So don't miss out, book an inspection today!

To submit an application for this property, simply click the Get in Touch button and we will respond with instructions on how to apply.

Property History for 501/232-242 Rouse St, Port Melbourne, VIC 3207

A timeline of how this property has performed in the market
Last Sold
$785,000
09 Oct 2015
  • 04 Jun 2026
    Listed for Rent $800 / week
  • 09 Oct 2015
    Sold for $785,000
  • 16 Sep 2015
    Listed for Sale $700,000 plus buyers
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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 13,454 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 11 properties listed for sale, and 21 properties listed for rent in Port melbourne on OnTheHouse. According to Cotality's data, 521 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.