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Back 4/48 Esplanade West
Off Market

4/48 Esplanade West

Port Melbourne VIC 3207

2
1
1
Apartment
Last sold for $945,000
Matthew GrimaMatthew Grima, last sold this property on 09 May 2026 after 22 days on market.

Overview

Stunningly Renovated and Walk to the Beach

A meticulously curated, spare-no-expense renovation has transformed this generously sized two bedroom apartment into an unashamedly bespoke second floor / top floor hideaway just a block away from Bay Street and the sands of Port Melbourne Beach. Appointed with communal amenities, this is an apartment that sits proudly at the forefront of the inner bayside experience to suit the most discerning of buyers. Spilling out to a treetop terrace that frames sunsets over Bay Street and captures sea breezes on the hottest summer nights, the open-plan dining / living reveals attractive Herringbone flooring and tasteful textured wallpaper, all anchored by a Miele-equipped stone kitchen with a concealed Liebherr refrigerator and freezer. The bedrooms are each bold designer domains where entire walls of custom built-in robes are complemented by pendant lights and premium ceiling fans, while additional highlights include a superbly tiled showpiece bathroom with stunning lighting and a concealed laundry, plus there is secure video entry, non-stacker basement parking, storage, a security alarm and reverse cycle. High energy urban living meets bayside bliss just metres from endless baristas, bars and dining options on Bay Street, plenty of shopping and city-bound trams, while runs, rides, walks and swims along the waterfront will soon become habit forming.

Features

2 bedrooms
1 bathroom
1 carspace
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Port Melbourne over the last 12 months, the estimated median property value of 4/48 Esplanade West is $747.5k.

Median value
$747.5k
Estimated value range
$476k - $2.05m
Median days on market
31
Estimated value trend
-1%
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 4/48 Esplanade West

2026
Sold
$945,000
Private Sale/Treaty on 09 May 2026 by Matthew Grima, of Marshall White - Stonnington
2023
Sold
Undisclosed
28 Mar 2023 by David Lack, of BigginScott - Port Melbourne
2022
Rented
Undisclosed
Leased on 06 Jul 2022 by BigginScott - Port Melbourne

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 46 reviews in Port Melbourne over the last 12 months.

Local market activity for 2 bedroom apartments in Port Melbourne

In the last 12 months, 141 two-bedroom apartments similar to 4/48 Esplanade West, have been sold.

This represents a 18% increase in two-bedroom apartments sales when compared to the previous 12 months.

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Frank Callaghan

Sellers who recommend Frank Callaghan have praised them for being local expert, reliable, clear communication, hard-working, honest, supportive and friendly

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