Back 399 Princes Street
Off Market

399 Princes Street

Port Melbourne VIC 3207

2
1
House
Sarah WoodSarah Wood, last sold this property on 18 July 2026 after 31 days on market.

Overview

Beautifully Renovated, Brilliantly Positioned

With parkland at the doorstep, a northeastern rear aspect and the city only minutes away, this beautifully renovated Victorian offers a lifestyle few addresses can rival. Beyond its traditional solid-brick façade, a dual-level extension and intelligent redesign have maximised every inch of the original footprint, creating a light-filled contemporary space that capitalises on its prized orientation and delivers exceptional low-maintenance appeal in a highly sought-after city-edge setting. Richly-toned timber floors flow throughout the ground floor, introducing a gracious living room enhanced by a gas fireplace, decorative cornices and designer lighting. To the rear, a sleek stone kitchen, appointed with integrated refrigeration and quality Fisher & Paykel appliances, including a DishDrawer, is complemented by a scullery/laundry and extensive pantry storage. Overlooking the adjoining meals area, it presents a sensational seasonal transition zone, with bi-fold doors that open to a generously proportioned paved courtyard, perfect for alfresco dining and entertaining, complete with pedestrian access via the rear right-of-way. Upstairs comprises two bedrooms with built-in robes, including a light-filled main bedroom with a sunny outlook and custom window seat, supported by a stylish central bathroom featuring a skylight, twin shower and full-height hexagonal tiling. Additional features include split-system heating and cooling, double glazing to the rear, a powder room, abundance of storage, and multiple skylights, whilst the first-class position between Sangster and Smith Reserves places you within steps of the city-bound light rail, and a short walk from Bay Street's renowned cafes and restaurants, South Melbourne Market, excellent schools and the beach.

Features

2 bedrooms
1 bathroom
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 399 Princes Street is $1.2m.

Median value
$1.2m
Estimated value range
$840k - $2.2m
Median days on market
28
Estimated value trend
6%
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 399 Princes Street

2026
Sold
Undisclosed
Auction Sale on 18 Jul 2026 by Sarah Wood, of Marshall White - Port Phillip
2021
Rented
Undisclosed
Leased on 14 Nov 2021 by Mint Property Management

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 2 bedroom houses in Port Melbourne

In the last 12 months, 60 two-bedroom houses similar to 399 Princes Street, have been sold.

This represents a 27% decrease in two-bedroom houses sales when compared to the previous 12 months.

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