59 Poolman St, Port Melbourne is a 3 bedroom, 2 bathroom House with 2 parking spaces. While the property is not currently for sale or for rent, it was last sold in November 2022.
Inspired potential abounds for this classic 'Bank House' in Port Melbourne's highly-sought after residential precinct. On the market for the first time in almost seven decades, the much-cherished home, built as part of the iconic pioneering residential estate by 'The State Bank' in the 1920s and 30s, has belonged to the same family since 1953. Retaining many of its original character features, including columned portico, ornate fireplaces, soaring ceilings, and original timber doors throughout, the two storey, 3-4 bedroom residence offers huge opportunity for a visionary renovation (STCA).
On a 397 square metre (approx.) block, the property has the added advantage of an extra-wide driveway, allowing for a double-garage (STCA).
Outside there is a bungalow/studio, a paved alfresco area, and garden shed. The laundry and an additional WC are also in outbuildings. There is a lovely patch of front lawn with shady established trees including an olive tree that produces around 80 kilos of fruit each year.
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 13,385 properties. Over the last 5 years, Houses in Port Melbourne have seen a 0.86% increase in median value, while Units have seen a 2.21% increase. As at 30 April 2026:
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