512 Bay St, Port Melbourne is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 1900. The property has a land size of 161m2 and floor size of 111m2. While the property is not currently for sale or for rent, it was last sold in March 2021.
Proudly sitting in a tranquil cul de sac locale, yet just metres from Bay St shops and restaurants, the light rail, South Melbourne market and schools, this classic extra wide freestanding Victorian residence's original proportions and charm provides a sensational foundation for renewal and modernization with an inspired renovation and extension (STCA).
Enchanting period features including high ceilings, mantelpieces and leadlight windows distinguish the arched hallway, two generous bedrooms and a spacious central living room. A casual family room and adjacent functional timber kitchen open to a private northeast courtyard with rear ROW access suggesting off street parking if/as desired. A bright tiled bathroom and outside laundry complete the floorplan.
Live in or lease out while considering the exciting future options.
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 13,386 properties. Over the last 5 years, Houses in Port Melbourne have seen a -0.70% decrease in median value, while Units have seen a 0.22% increase. As at 31 May 2026:
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