Back 708/55 Bay Street
Off Market

708/55 Bay Street

Port Melbourne VIC 3207

1
1
1
Apartment
Last sold for $567,500
Simon GrafSimon Graf, last sold this property on 16 June 2026 after 18 days on market.

Overview

North Facing Flexibility with a Stunning Renovation

Offers to be submitted by Tuesday 16th June at 5:00pm Perfectly positioned within the sought after Bayshore complex, this beautifully updated north facing apartment delivers exceptional versatility, natural light and an enviable bayside lifestyle just moments from Bay Street, the beach, cafés, restaurants and city bound transport. Recently enhanced with a stunning renovated kitchen and updated flooring throughout, the residence presents in outstanding condition while offering a highly flexible floorplan suited to a variety of lifestyles. Currently configured as an expansive one bedroom residence with multiple living zones, the layout includes a spacious lounge, dedicated dining area and an additional second living or home office space. Importantly, many within the complex have successfully converted the additional living zone into a generous second bedroom while still comfortably retaining open plan living and dining proportions. The beautifully renovated kitchen forms a true centrepiece of the home, featuring sleek stone finishes, extensive cabinetry, quality appliances and excellent preparation space, while floor to ceiling sliding doors connect seamlessly to the sun filled north facing balcony. The generous bedroom includes built in robes and excellent natural light, complemented by a central bathroom with integrated European laundry. Additional features include split system heating and cooling, secure intercom entry, lift access, secure undercover parking, plus exclusive resident access to a heated swimming pool and gymnasium.

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 708/55 Bay Street is $467.5k.

Median value
$467.5k
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 708/55 Bay Street

2026
Sold
$567,500
Private Sale/Treaty on 16 Jun 2026 by Simon Graf, of Simon Graf Real Estate
2023
Rented
Undisclosed
Leased on 26 Feb 2023 by Home AU Real Estate

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 39 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 708/55 Bay Street, have been sold.

This represents a 4% increase in one-bedroom apartments sales when compared to the previous 12 months.

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