509/108 Bay Street, Port Melbourne, VIC 3207 | Property Value & History | OnTheHouse
OFF MARKET

509/108 Bay Street
Port Melbourne VIC 3207

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 67m2
Land area: 4271m2
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Property Details for 509/108 Bay St, Port Melbourne

509/108 Bay St, Port Melbourne is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2010. The property has a land size of 4271m2 and floor size of 67m2. While the property is not currently for sale or for rent, it was last sold in August 2013.

Building Type
Unit
Year Built
2010
Floor Size
67m2
Land Size
4271m2
Local Government
Port Phillip
Lot/Plan
509W/PS611240

Last Listing description (January 2023)

Luxury on Bay Street

Located in the heart of Port Melbourne on the iconic Bay St surrounded by a plethora of amenities and short walk to the beach, apartment 509 in building 108 is highly sought after and the ideal image of what living in Port Melbourne is like.

Step into a brilliantly lit living area comprising of Bose surround sound systems and a separate dining zone. The apartments kitchen provides a sophisticated look with top of the line kitchen appliances, marble bench tops as well as the inclusion of a fridge and microwave. Both spacious bedrooms provide an entrance to the sizeable balcony which extends the length of the apartment and hosts views of the gorgeous common area. The master bedroom is accompanied by a stunning walk-in wardrobe hallway leading to the bathroom which features a European laundry.

Other key features include:
- Study nook
- Ducted heating and cooling in master bedroom and living area
- Secure parking
- Visitor parking
- Access to all common grounds including BBQ area with full city views

Properties in this building becoming available are a rare occurrence so be sure to inspect while you have a chance.

Property History for 509/108 Bay St, Port Melbourne, VIC 3207

A timeline of how this property has performed in the market
Last Sold
$690,000
24 Aug 2013
Listed for Rent
$570/w
11 Jan 2023
  • 03 Jan 2023
    Listed for Rent - Price not available
  • 16 Jun 2020
    Listed for Rent $520 / week
  • 15 May 2019
    Listed for Rent - Price not available
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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 13,447 properties. Over the last 5 years, Houses in Port Melbourne have seen a -8.74% decrease in median value, while Units have seen a -4.60% decrease. As at 31 August 2026:

  • The median value for Houses in Port Melbourne is $1,647,078 while the median value for Units is $826,421.
  • Houses have a median rent of $900 while Units have a median rent of $750.
There are currently 11 properties listed for sale, and 21 properties listed for rent in Port melbourne on OnTheHouse. According to Cotality's data, 516 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.