Back 245 Princes Street
Off Market

245 Princes Street

Port Melbourne VIC 3207

3
2
House
Last sold for $1,325,000
Cheyne FoxCheyne Fox, last sold this property on 03 July 2026 after 22 days on market.

Overview

Park-facing perfection, premium inner-city locale

Beautifully positioned directly opposite the park in a premium inner-city pocket, this double-storey, double-fronted Victorian reveals an architectural transformation beyond its traditional façade, with solid brick construction and a brilliant northern rear aspect that floods the three-bedroom spaces with natural light. Surrounded by greenery at both the front and rear, yet mere steps from the light rail, Bay Street’s retail and dining precinct, leading schools, the beach and the CBD, it offers an enviable lifestyle within easy reach of the city’s best beachside amenities. Behind the charming period profile, the wide proportions immediately impress, leading past the spacious Miele-appointed kitchen to expansive open-plan living and dining areas at the rear. Bi-fold doors extend the living outdoors to a sun-soaked garden with exceptional privacy, evergreen surroundings, a storage room/workshop and roller door access via the ROW, offering future scope for off-street parking if desired. Upstairs, a second living area or study spills onto a balcony, capturing city views through the treetops, and is accompanied by a generous bedroom with walk-in robe and northern outlooks, a second bedroom with built-in robes, a desk and park views, plus a skylit central bathroom with bath/shower combination. A ground-floor main bedroom with built-in storage and an ensuite provides excellent flexibility for guests or downsizers, whilst additional appointments include electric panel heating, split-system heating/cooling, an upper-level laundry, and a heat pump hot water system. Providing all the character of a classic Victorian with the ease of a modern-day transformation, it’s a property that delivers immediate lifestyle rewards while still leaving room to make your own mark over time.

Features

3 bedrooms
2 bathrooms
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Port Melbourne over the last 12 months, the estimated median property value of 245 Princes Street is $1.75m.

Median value
$1.75m
Estimated value range
$950k - $3.08m
Median days on market
27
Estimated value trend
9%
increase 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 245 Princes Street

2026
Sold
$1,325,000
03 Jul 2026 by Cheyne Fox, of Jellis Craig Port Phillip

Happy sellers in Port Melbourne

75%
75% 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 38 reviews in Port Melbourne over the last 12 months.

Local market activity for 3 bedroom houses in Port Melbourne

In the last 12 months, 58 three-bedroom houses similar to 245 Princes Street, have been sold.

This represents a 21% increase in three-bedroom houses sales when compared to the previous 12 months.

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