Back 511/101 Bay Street
Off Market

511/101 Bay Street

Port Melbourne VIC 3207

2
2
1
Apartment
Last sold for $795,000
Matthew GrimaMatthew Grima, last sold this property on 14 June 2025 after 16 days on market.

Overview

City and Water Views in the Heart of Bay Street

Enjoying an elevated fifth-floor position within the sought-after Bay 101 building, this beautifully maintained two bedroom, two bathroom apartment combines bayside ease with inner-urban sophistication. From its full-length balcony, take in sweeping views of the city skyline to the north and the sparkling waters of Port Phillip Bayan inspiring backdrop for daily living and effortless entertaining. Designed for comfort and lifestyle, the open-plan kitchen, meals and living area flows seamlessly to the balcony, creating a bright and airy space perfect for relaxing or hosting guests. The kitchen is finished with stone benchtops, Miele appliances and an island bench, while both bedrooms feature mirrored built-in robesthe main bedroom enjoying the privacy of an ensuite and a cleverly appointed study nook ideal for working from home. Additional highlights include a stylish central bathroom, European laundry, split system heating and cooling, and secure video intercom entry. A genuine basement car space (not a car stacker), separate storage unit, and access to visitor parking complete the package. Positioned in the vibrant heart of Bay Streetjust one block from the beach and moments from cafés, shops, light rail and the CBDthis is a premium Port Melbourne lifestyle with city energy and coastal charm.

Features

2 bedrooms
2 bathrooms
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 511/101 Bay Street is $755k.

Median value
$755k
Estimated value range
$476k - $2.05m
Median days on market
33
Estimated value trend
0%
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 511/101 Bay Street

2025
Sold
$795,000
Private Sale/Treaty on 14 Jun 2025 by Matthew Grima, of Marshall White - Stonnington
2016
Sold
29 Sep 2016 by Peter Davies, of Barry Plant Docklands

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 apartments in Port Melbourne

In the last 12 months, 142 two-bedroom apartments similar to 511/101 Bay Street, have been sold.

This represents a 17% increase in two-bedroom apartments sales when compared to the previous 12 months.

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