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Back 607/55 Bay Street
Off Market

607/55 Bay Street

Port Melbourne VIC 3207

1
1
1
Apartment
Last sold for $460,000
James VakrinosJames Vakrinos, last sold this property on 24 January 2026 after 305 days on market.

Overview

Bayside Living with Oversized Storage

This beautifully updated apartment offers modern comfort, natural light, and an unbeatable location in the heart of Port Melbourne's Bay Street precinct, just moments from the beach, cafes, and transport. The open-plan living and dining area is bathed in sunlight, with floor-to-ceiling windows opening to a north-facing balcony. The stylish updated kitchen features sleek cabinetry and quality stainless steel appliances. Warm timber flooring flows throughout, enhancing the home's sophisticated feel. The generous bedroom includes built-in robes and is serviced by a pristine bathroom with a granite vanity. Additional highlights include split-system heating/cooling, a Euro laundry, secure entry, a car space, and the rare bonus of an oversized storage cage. Residents also enjoy access to resort-style amenities, including a heated pool and gym. With everything at your doorstep, this is an exceptional opportunity to enjoy modern, low-maintenance bayside living.

Features

1 bedroom
1 bathroom
1 carspace
Apartment

Estimated Value

Based on this property and similar 1 bedroom apartments sold in Port Melbourne over the last 12 months, the estimated median property value of 607/55 Bay Street is $470k.

Median value
$470k
Estimated value range
$335k - $695k
Median days on market
34
Estimated value trend
2%
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 607/55 Bay Street

2026
Sold
$460,000
Private Sale/Treaty on 24 Jan 2026 by James Vakrinos, of Home AU Real Estate
2015
Sold
$420,000
Auction Sale on 10 Jul 2015 by Tracy Orr, of Buxton Port Phillip - Port Melbourne

Happy sellers in Port Melbourne

81%
81% 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 42 reviews in Port Melbourne over the last 12 months.

Local market activity for 1 bedroom apartments in Port Melbourne

In the last 12 months, 61 one-bedroom apartments similar to 607/55 Bay Street, have been sold.

This represents a 5% increase in one-bedroom apartments sales when compared to the previous 12 months.

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Tony Gaudry

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