601b/55 Bay St, Port Melbourne is a 2 bedroom, 2 bathroom Unit with 2 parking spaces.
Meticulously renovated from a three-bedroom into a two-bedroom apartment to provide expansive space, as well as encompassing breathtaking views of the beach, Port Phillip Bay, and city skyline, this spectacular apartment is a stunning display of light, contemporary luxury, and resort-style amenities. Offering an unparalleled lock-and-leave lifestyle with secure basement parking for two, easy access to the CBD and a beachside cafe scene on your doorstep, this unique residence combines sophisticated living with the laid-back appeal of bayside living.
Wall-to-wall windows frame the generous open-plan layout, where bay scenes and remarkable sunsets dominate an exceptional indoor-outdoor floor plan. Appointed with premium integrated appliances and sleek stone benchtops, the central kitchen elevates everyday living and entertaining, opening to the bay-facing balcony and adjoining dining room with abundant storage. Both bedrooms within the hallway feature robes and front-row water vistas, with the main bedroom featuring a hotel-quality ensuite and walk-in robe, and the second bedroom with direct balcony access.
The impressive level of finish includes a recently updated central bathroom with excellent storage, video intercom, European oak flooring, zoned ducted heating/cooling, a second garden balcony, European laundry, basement storage cage and first-class amenities, including an indoor pool and gymnasium. Capturing the essence of city-edge ease, it is also a mere stone's throw from the beach, the city-bound light rail, Bay Street's vibrant retail and dining precinct, and the Port Melbourne Yacht Club, and sits within the coveted Albert Park College zone.
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:
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