507/55 Bay Street, Port Melbourne, VIC 3207 | Property Value & History | OnTheHouse
OFF MARKET

507/55 Bay Street
Port Melbourne VIC 3207

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 51m2
Land area: 7167m2
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Property Details for 507/55 Bay St, Port Melbourne

507/55 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 51m2. While the property is not currently for sale or for rent, it was last sold in September 2023.

Building Type
Unit
Year Built
2006
Floor Size
51m2
Land Size
7167m2
Local Government
Port Phillip
Lot/Plan
B507/PS500744

Last Listing description (October 2023)

*option to purchase fully furnished*

With its prime position and immaculate presentation, this spacious one bedroom apartment in the secure and highly sought after 'Bayshore' complex offers Port Melbourne's most distinguished retail and lifestyle precincts at your doorstep and is just moments from the CBD.

Filled with natural light, this 5th floor apartment offers entry hall, large open plan living/dining spaces, sunny balcony and a well-equipped gourmet kitchen with stainless steel appliances, dishwasher and gas cooking.

The spacious master bedroom with built in robes is serviced by a central bathroom and separate European laundry.

Additional features include intercom entry, quality flooring, reverse cycle heating/cooling and secure basement parking for one car.

Residents facilities include a indoor heated pool, fully-equipped gymnasium, visitor parking and onsite building manager.

This ultra-stylish apartment is conveniently located one block from the beach, moments to the light rail as well as having the delights of Bay Street and public transport on your doorstep.

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Property History for 507/55 Bay St, Port Melbourne, VIC 3207

A timeline of how this property has performed in the market
Last Sold
$440,000
13 Sep 2023
Listed for Rent
$700/w
11 Jun 2018
  • 13 Sep 2023
    Sold for $440,000
  • 19 Jul 2023
    Listed for Sale $450,000
  • 15 May 2018
    Listed for Rent $700 / week
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About Port Melbourne 3207

The size of Port Melbourne is approximately 10.1 square kilometres. It has 34 parks covering nearly 11.2% of 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 13,427 properties. Over the last 5 years, Houses in Port Melbourne have seen a -1.39% decrease in median value, while Units have seen a 5.66% increase. As at 31 January 2026:

  • The median value for Houses in Port Melbourne is $1,583,418 while the median value for Units is $849,475.
  • Houses have a median rent of $800 while Units have a median rent of $750.
There are currently 16 properties listed for sale, and 16 properties listed for rent in Port melbourne on OnTheHouse. According to Cotality's data, 583 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.