507/1 Danks Street W, Port Melbourne, VIC 3207 | Property Value & History | OnTheHouse
OFF MARKET

507/1 Danks Street W
Port Melbourne VIC 3207

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 85m2
Land area: 6866m2
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Property Details for 507/1 Danks St W, Port Melbourne

507/1 Danks St W, Port Melbourne is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2002. The property has a land size of 6866m2 and floor size of 85m2. While the property is not currently for sale or for rent, it was last sold in August 2023.

Building Type
Unit
Year Built
2002
Floor Size
85m2
Land Size
6866m2
Local Government
Port Phillip
Lot/Plan
507A/PS446279

Last Listing description (August 2023)

Perched above lush tropical gardens on a light filled corner, this unusually spacious two bedroom apartment combines resort style living with inner urban convenience. Peaceful and private on the top/fifth floor of Port's prized ID complex, smartly styled proportions enjoy a bright, open, airy sense of space with elevated ceilings and extensive glazing defining a relaxed indoor/outdoor environment only a short walk from the beach and Bay Street.

Broad open plan living and dining areas and a fully equipped kitchen feature a wall of sliding glass doors that seamlessly unfold to an impressive entertaining terrace and dedicated undercover dining domain.

Two beautifully bright bedrooms with excellent BIRs are served by an immaculate bathroom, the main bedroom unfolding to the terrace. Laundry facilities, dishwasher, reverse cycle heating/cooling and video intercom entry ensure complete comfort whilst lift accessed secure basement parking and ID's renowned resident amenities including a large decked heated outdoor pool, gym, communal gardens and building manager provide ideal convenience.

Stroll to the beach, Gasworks Arts Park and Lagoon Reserve, walk to dynamic Bay or Bridport Street dining, boutiques and shops, trams and more. Holiday living with inner city ease!

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Property History for 507/1 Danks St W, Port Melbourne, VIC 3207

A timeline of how this property has performed in the market
Last Sold
$726,000
16 Aug 2023
Listed for Rent
$500/w
07 Jan 2017
  • 16 Aug 2023
    Sold for $726,000
  • 26 Jul 2023
    Listed for Sale $680,000 - $740,000
  • 18 Mar 2021
    Transferred
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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 13,440 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 18 properties listed for rent in Port melbourne on OnTheHouse. According to Cotality's data, 532 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.