Back 116 Farrell St
Off Market

116 Farrell St

Port Melbourne VIC 3207

2
1
133 m²
House
Oliver BruceOliver Bruce, last sold this property on 29 October 2025 after 28 days on market.

Overview

Ready to Live In, Ready to Evolve

Rare and enticing with a single-level edge and urban position within steps of the light rail and Bay Street's lively retail and dining precinct, this freestanding two-bedroom classic is an inner-city dream for low-maintenance seekers. Offering a wealth of space both inside and out, it delivers move-in-ready excellence with long-term growth potential, situated on the cusp of the CBD, at the corner of Ross Street. Discreet within a solid-brick exterior, the layout is simplistic and inviting. Open-plan living and dining extend to a large, well-appointed kitchen, whilst the rear hallway comprises two spacious bedrooms and a central bathroom. A fantastic rear north courtyard is the perfect spot to entertain, with additional features including split-system heating/cooling, ample storage and a laundry. Although immediately comfortable, it offers the chance to renovate or enhance as you go, or invest in a prized setting, while also providing the rare opportunity for development, with approved architectural plans for two luxurious residences on the site by acclaimed architect Sheri Haby. Moments from excellent schools, South Melbourne Market, the beach and steps from a local favourite, Heart Bakes Cafe. Land size: 133sqm approx.

Features

2 bedrooms
1 bathroom
133 m² lot size
House

Estimated Value

Based on this property and similar 2 bedroom houses sold in Port Melbourne over the last 12 months, the estimated median property value of 116 Farrell St is $1.2m.

Median value
$1.2m
Estimated value range
$852k - $1.93m
Median days on market
25
Estimated value trend
-5%
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 116 Farrell St

2025
Sold
Undisclosed
Private Sale/Treaty on 29 Oct 2025 by Oliver Bruce, of Marshall White - Port Phillip
2024
Rented
Undisclosed
Leased on 03 Jan 2024 by Marshall White - Port Phillip
2020
Rented
Undisclosed
Leased on 07 Feb 2020 by Pagan Real Estate

Happy sellers in Port Melbourne

83%
83% 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 47 reviews in Port Melbourne over the last 12 months.

Local market activity for 2 bedroom houses in Port Melbourne

In the last 12 months, 53 two-bedroom houses similar to 116 Farrell St, have been sold.

This represents a 25% decrease in two-bedroom houses sales when compared to the previous 12 months.

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