602/49 Beach St, Port Melbourne is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2005. While the property is not currently for sale or for rent, it was last sold in November 2014.
Recently reimagined by Molecule Studio, 'Pier Penthouse' within the Aqua Vita complex is a unique and functional two-level home that celebrates its maritime outlook and elegantly accommodates the functional requirements of everyday life as wells as catering for moments of decadence and entertainment. Renovated to the highest possible standard, situated on the beachfront, this seriously stylish masterpiece offers an exceptional lock up and leave lifestyle whilst providing a year round five-star 'holiday' feel. Be breath taken as soon as you enter its sophisticated yet relaxed interior by uninterrupted views sweeping across Port Phillip Bay, Station Pier, Williamstown, Middle Park and beyond. Its remarkable floorplan encompasses an incredibly open and spacious energy and uncompromising vistas and glorious sunsets whilst maintaining high levels of privacy and quiet. Its generous living space features vast ceilings, a wall-height 'ribbon' of textured grey boards tracing the perimeter of the space providing visual weight and opens to a substantial entertaining terrace, both taking advantage of the privileged beachfront position, set back from the hustle and bustle. The open plan kitchen/dining zone will impress with its solid custom timber dining island, soft grey toned joinery, Wolf and Miele appliances, a dream butler's pantry hidden around the corner, a first-class built in bar with wine fridge and even room for a grand piano. The lower level is completed by a large, fully fitted, executive study and a chic, moody guest powder room. Upstairs each bedroom features its own designer ensuite, the luxury of bespoke joinery and fittings and vast spaces boasting jaw dropping curvaceous floor-to-ceiling views. Also on the upper level you will find a family sized laundry and a very special climate-controlled wine storage nook. This opulent waterfront property is further enhanced by ducted heating and cooling, great internal storage, side by side basement parking and a handy storage cage.
**To Inspect**
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 13,440 properties. Over the last 5 years, Houses in Port Melbourne have seen a -4.39% decrease in median value, while Units have seen a -0.59% decrease. As at 30 June 2026:
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