507/115 Beach Street, Port Melbourne, VIC 3207 | Property Value & History | OnTheHouse
OFF MARKET

507/115 Beach Street
Port Melbourne VIC 3207

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 157m2
Land area: 5869m2
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Last updated 13 Jul 2026
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Property Details for 507/115 Beach St, Port Melbourne

507/115 Beach St, Port Melbourne is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1998. The property has a land size of 5869m2 and floor size of 157m2. While the property is not currently for sale or for rent, it was last sold in March 2025.

Building Type
Unit
Year Built
1998
Floor Size
157m2
Land Size
5869m2
Local Government
Port Phillip
Lot/Plan
52/PS406495

Last Listing description (August 2022)

LEASED***Located on the fifth level, this magnificent three bedroom Beacon Cove luxury waterfront apartment is beautifully presented and offers panoramic views of Port Phillip Bay from every room. Offering main bedroom (BIR's) & en-suite bathroom, two further double bedrooms both with built in robes, impressive open plan living room opening on to a sweeping terrace making the most of this mesmerising backdrop. A modern fully equipped kitchen & meals area, separate dining area, central main bathroom and a separate laundry complete this beautiful apartment. Additional appointments include new carpet throughout, floorboards, two security car parks, security entry, heating/cooling, large resort-style swimming pool in delightful garden setting and on site caretaker. Superbly positioned allowing easy access to fabulous walking and cycling tracks, and moments away from Princes Pier, cafe/restaurants and No. 109 light rail. This bespoke light-filled apartment offers the sea change you have been waiting for.

Property History for 507/115 Beach St, Port Melbourne, VIC 3207

A timeline of how this property has performed in the market
Last Sold
$1,875,000
04 Mar 2025
Listed for Rent
$1.00k/w
15 Aug 2022
  • 04 Mar 2025
    Sold for $1,875,000
  • 12 Jul 2022
    Listed for Rent $1,000 / week
  • 26 Feb 2019
    Listed for Rent $1,000 / 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 13,442 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 8 properties listed for sale, and 22 properties listed for rent in Port melbourne on OnTheHouse. According to Cotality's data, 523 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.