503/55 Bay St, Port Melbourne is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2007. 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 September 2022.
Elevated high in the 'Bayshore', one of Port Melbourne's most celebrated and distinctive developments, this apartment offers a sophisticated oasis of calm and tranquillity along with the privacy and convenience of living in the highly sought after beachside community where residents enjoy the luxury of a central landscaped courtyard and an array of building facilities.
Upon entry into this generously proportioned one bedroom, one bathroom apartment you are greeted with one of the most spectacular uninterrupted bay views in Port Melbourne framed by full height sliding doors.
The property features smart, contemporary, sunlit interiors and is soothed by summer sea breezes. The combined open plan lounge and dining area flows effortlessly to a protected balcony where you can enjoy your morning coffee or afternoon drinks whilst a gourmet kitchen with stainless steel appliances, stone benchtops, gas cooking and more than ample bench space makes for a pleasant space to cook & entertain.
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 13,441 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:
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