509/57 Bay Street, Port Melbourne, VIC 3207 | Property Value & History | OnTheHouse
OFF MARKET

509/57 Bay Street
Port Melbourne VIC 3207

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 65m2
Land area: 7167m2
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Property Details for 509/57 Bay St, Port Melbourne

509/57 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 65m2. While the property is not currently for sale or for rent, it was last sold in April 2021.

Building Type
Unit
Year Built
2006
Floor Size
65m2
Land Size
7167m2
Local Government
Port Phillip
Lot/Plan
A509/PS500744

Last Listing description (April 2021)

In the heart of Port Melbourne, surrounded by fabulous cafes, wine bars and eateries, and only metres to the foreshore, this dynamic 5th floor 1 bedroom + study security apartment is supremely spacious inside.

With an urban vibe created by the common park-like garden piazza, this cosmopolitan haven is full of natural light featuring 3 living spaces in one (or study area), a north facing balcony, a galley style stone kitchen (European appliances), a large bedroom (BIRs) and sleek bathroom with marble vanity and a deep European laundry with plenty of storage.

With communal resort-style facilities of a swimming pool and gym, this exciting abode is appointed with R/C air conditioning, security intercom, lift access and secure basement parking.

An unbeatable lifestyle location, where you'll be spoilt for choice in Bay Street's famous dining scene, metres to the light rail, Lagoon Reserve, Station Pier and beachside dining at the Exchange Beach Club.

Huge on living
North facing light
Communal pool and gym facilities
Lift access to secure basement parking
An unforgettable lifestyle of cafes, beach and wine

Property History for 509/57 Bay St, Port Melbourne, VIC 3207

A timeline of how this property has performed in the market
Last Sold
$550,000
05 Apr 2021
  • 05 Apr 2021
    Sold for $550,000
  • 10 Mar 2021
    Listed for Sale Under Offer
  • 05 Jul 2013
    Sold for $510,000
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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 13,445 properties. Over the last 5 years, Houses in Port Melbourne have seen a -6.23% decrease in median value, while Units have seen a -2.72% decrease. As at 31 July 2026:

  • The median value for Houses in Port Melbourne is $1,661,716 while the median value for Units is $827,733.
  • Houses have a median rent of $900 while Units have a median rent of $750.
There are currently 7 properties listed for sale, and 25 properties listed for rent in Port melbourne on OnTheHouse. According to Cotality's data, 534 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.