702/55 Bay St, Port Melbourne is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2005. While the property is not currently for sale or for rent, it was last sold in November 2001.
Situated only one block from Port Melbourne beach, and on the doorstep to Bay Street's shops, cafes and restaurants, Bayshore has become one of the most popular places to reside.
Featuring this 1 bedroom with BIR's + study, gourmet kitchen includes stainless steel appliances, stone bench-tops, and plenty of cupboard space overlooking the open plan living and dining area, balcony with bay views, bathroom with shower over bath, and euro-laundry. Also includes panel heating throughout and a secure basement parking spot. Also includes access to complex's gym and indoor heated pool.
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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