709/55 Bay St, Port Melbourne is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 2006. The property has a land size of 7167m2 and floor size of 89m2. While the property is not currently for sale or for rent, it was last sold in November 2024.
Spilling outdoors to a spectacularly large and sun-drenched entertainers terrace where the views span from the waters of the bay in the south, all the way up to the towers of the CBD in the north, this visually striking two bedroom Bayshore apartment is perched grandly above all the cosmopolitan vibrancy of Bay Streets thriving caf and dining scene. Completing a lifestyle offering that very few can match, within metres of the waterfront and moments from city-bound transport, the apartment offers access to a communal swimming pool, gymnasium, manicured gardens and an on-site Building Manager.Freshly painted and presented in pristine condition, the open-plan dining / living is wrapped in floor-to-ceiling glass and underpinned by an attractive kitchen in which stainless steel appliances are complemented by stone benchtops. Absolutely effortless to maintain and accessed securely via intercom entry, the apartment offers secure, non-stacker basement parking for two vehicles and a storage unit, as well as built-in robes in each bedroom, split system heating / air conditioning and bike storage for a healthy, ride-everywhere lifestyle.Just head downstairs to discover some of Melbournes finest cafes and bars, a diversity of restaurants and plenty of shopping, whilst the sands of Port Melbourne beach offers unbeatable outdoor recreation and there are both trams and light rail for quick and easy access to the CBD.
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 13,441 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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