502/55 Bay StreetPort Melbourne VIC 3207
Property Details for 502/55 Bay St, Port Melbourne
502/55 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 60m2. While the property is not currently for sale or for rent, it was last sold in November 2024.
Last Listing description (January 2019)
This 1 bedroom apartment with state of the art furnishings throughout situated on 5th floor has breath taking views across Port Melbourne Beach. Offering open kitchen with stainless steel appliances including dishwasher, spacious lounge opening onto private balcony, separate study area, sparking central bathroom with shower over bath, European laundry, BIR's. Additional features include security entrance & one security basement car park, use of indoor lap pool and gym facilities. All this within a stone's throw from Beach, Shops, Restaurants & Cafes. Live in the heart of Port Melbourne! Inspection will impress.
Property History for 502/55 Bay St, Port Melbourne, VIC 3207
- 21 Nov 2024Sold for $635,000
- 22 Nov 2018Listed for Rent - Price not available
- 05 Mar 2002Sold for $378,000
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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 13,439 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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