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Location

Market Insights for Port Melbourne VIC 3207

New Listings (last 30 days)

Average price

$839,286

Lowest price

$400,000

Highest price

$3,000,000

502/216 Rouse Street, Port Melbourne VIC 3207

$1,450,000

Search Band Search Visibility Band

$1.4M - $1.5M High Confidence Calculated based on strong search observations.

Apartment 3 Beds 3 Baths 2 Cars 1472 m² 150 m²

Listed: 26 days ago

Overview

This impressive and spacious apartment on the fifth floor offers a unique living experience enhanced by its original design that combined two apartments into one, creating distinct zones ideal for multigenerational families or those seeking independent spaces.

The layout provides versatility and privacy with the south wing featuring a generous living room opening onto a deep balcony terrace that captures charming views of Port Melbourne, including scattered bay glimpses and stunning sunsets. The ample outdoor space invites relaxed living and entertaining, seamlessly blending indoor and outdoor environments.

Three bedrooms and three bathrooms ensure ample accommodation and convenience for residents and guests alike.
A large bedroom suite with fitted walk-in robing and a fully tiled ensuite promotes comfort and elegance.
The apartment benefits from security features and a gated building with video intercom, enhancing peace of mind.
Additional amenities include a separate laundry, spacious storage, and dual side-by-side car spaces catering to modern lifestyle needs.

The property is perfectly positioned with views that frame the iconic Bolte Bridge and the northern wing offers a central hall and a second bedroom suite, further emphasizing the apartment’s accommodating floor plan and lifestyle benefits.

Located in the sought-after suburb of Port Melbourne, known for its vibrant community and convenience, the apartment offers excellent proximity to local schools and the essential amenities required for both family living and investment opportunities.

Local Market Insights

In Port Melbourne, Quiet Listings observed 14 new apartments entering the market over the last 30 days, down from 16 during the previous 30-day period, with an average advertised asking price of $839,286. The property type mix of listed properties is predominantly Apartments at 47%, followed by houses (33%), and commercial properties (20%). The most active agency for apartments in the Port Melbourne area is currently Jellis Craig, representing 36% of new listings, followed by Buxton Real Estate Group with 21%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.