Back 1/157-159 Bay Street
Off Market

1/157-159 Bay Street

Port Melbourne VIC 3207

2
1
1
Townhouse
Jon KettJon Kett, last sold this property on 24 July 2025 after 177 days on market.

Overview

A Superb Secret of Privacy and Lifestyle

Well set back from the street in a boutique group of four, this sensational 2 bedroom + study 1.5 bathroom town residence is super spacious with 3 separate outdoor areas. Whisper quiet inside, this urban haven highlights a huge open plan living and dining area with a wall of glass to the private alfresco courtyard and a stunning contemporary kitchen featuring Bosch appliances and a Japanese finger mosaic splashback. Both bedrooms have the appeal of their own balcony terrace and built in robes – including one with a Murphy bed. A spacious study and swish bathroom sector the level, while a ground floor fitted laundry leads to a guest toilet. Graced with wide Oak floors on both levels, this stylish home is finished with individual room reverse cycle air conditioning, security intercom, a deep shared storage room (with one other) and secure undercover parking with a Tesla EV charger. In the beating heart of Bay Street with great restaurants, humming cafés, hair salons, dessert parlours, historic pubs, fitness studios and essential shops all around, while still only a light stroll to the parks, the light rail and the famous beach. • Oak floors on both levels • Secure gated complex • North western aspect • Unbeatable position • Walk to everything

Features

2 bedrooms
1 bathroom
1 carspace
1 open car space
Townhouse

Estimated Value

Based on this property and similar 2 bedroom townhouses sold in Port Melbourne over the last 12 months, the estimated median property value of 1/157-159 Bay Street is $977k.

Median value
$977k
Estimated value range
$950k - $1.61m
Median days on market
27
Estimated value trend
-18%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Port Melbourne. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1/157-159 Bay Street

2025
Rented
Undisclosed
Leased on 27 Aug 2025 by Jellis Craig Elwood
2025
Sold
Undisclosed
24 Jul 2025 by Jon Kett, of Jellis Craig Port Melbourne
2021
Sold
$1,057,000
Auction Sale on 16 Jul 2021 by Frank Callaghan, of Frank Gordon Estate Agents

Happy sellers in Port Melbourne

82%
82% of sellers in Port Melbourne reported that their sale price either exceeded or met their price expectations.

Port Melbourne stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 46 reviews in Port Melbourne over the last 12 months.

Local market activity for 2 bedroom townhouses in Port Melbourne

In the last 12 months, 4 two-bedroom townhouses similar to 1/157-159 Bay Street, have been sold.

This represents a 38% increase in two-bedroom townhouses sales when compared to the previous 12 months.

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