510/55 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 61m2. While the property is not currently for sale or for rent, it was last sold in July 2020.
This stunning one bedroom apartment located only one block away from the beach and vibrant Bay Street.
Featuring an open plan living and dining area opening to a huge terrace with water and city views. Incorporating a sleek streamlined kitchen with stone bench tops and stainless steel appliances. The master bedroom is perfectly appointed with built in robes and served by a stone-finished bathroom.
Laundry, heating/cooling, security entrance, pool, car space and a fantastic pool complex with a gymnasium further enhance the executive aspects.
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 13,446 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:
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