502/57 Bay Street, Port Melbourne VIC 3207
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$675,000 - $735,000
502/57 Bay Street, Port Melbourne, VIC 3207
2
1
1
0m²
0m²
•
apartment - unit: standard
Property Description
Listed on 27 May 2026
Just steps from the golden sands of Port Melbourne Beach, this breathtaking 2-bedroom corner apartment is your ticket to extraordinary coastal living! Imagine waking up to blissful bay views, with lively cafes, boutique shopping, Coles, the iconic Gasworks Farmers Market, light rail to the CBD, and the exhilarating Bay Trail all at your doorstep. This is your very own lifestyle upgrade! The efficient and effective use of sunlit corner space will instantly inspire with free-flowing open-plan living and dining, underpinned by an additional living area, easily refashioned as a home office, nursery or even a guest bedroom. A granite-finished kitchen is graced with a breakfast bar, new cabinetry doors, and high-end appliances including a full-sized dishwasher. Step outside to an undercover balcony showcasing neighbourhood views sweeping over rooftops and treetops towards the blue-water beauty of Port Phillip Bay. Once routine sets in, think morning coffee as the sun rises, and after-work drinks as dusk approaches. The generously sized and robed bedrooms are filled with light and peacefully separated by the living space, while the sleek bathroom boasts a shower over a bathtub. Freshly painted throughout with brand-new floorboards and carpet, the extensive features are first class. Secure basement parking, a European laundry, panel heating, double roller blinds, and recessed down-lighting are just the beginning. Perched on the fifth floor of the prestigious Bayshore complex, take full advantage of intercom security, visitor parking, lift access, a dedicated building manager, low owners’ corporation fee, and exclusive use of a heated indoor pool and well-equipped gym. First home buyers can purchase with certainty, investors will appreciate the lucrative returns, and the property is a sunlit sanctuary for discerning downsizers and out-of-towners. Inspect this light-filled gem today! Outgoings: Council Rates: $350.00 per quarter approx. Water Rates: $175.00 per quarter approx. Owners Corporation Fees: $1,164.00 per quarter approx. Potential Rental Income: $775 per week approx. * Photo identification will be required upon entering the property. Please contact our agent for your personal tour of this home today.
Property history
A breakdown of how regularly this property entered and exited the market for sale or lease.
$780 WEEKLY
$675,000 - $735,000
$360,000
Median unit price trends
Comparing the price trend of units in Port Melbourne against the state of Victoria over the last 4 years. Source: Cotality
Comparable properties
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Market activity
A snapshot of how quickly properties are selling in the area and how many are currently available.
39 Days
House median days on market
45 Days
Unit median days on market
468 Properties
Sold in last 12 months
67 Properties
Available in the last month
Port Melbourne residents
Key characteristics of the residents in the area, view the full breakdown of the suburb here.
60+
Is the most common age range
Renters
Most common occupant type
Singles
Most common household profile
Professionals
Most common occupation
Apartments
Most common property type
Nearby education
Schooling and educational options in the area, for all ages.
Port Melbourne Primary School
K - Yr 6
Government
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Port Melbourne
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Port Phillip
View the council data
Victoria
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Median House: $2,465,915
Median Unit: $812,132
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Median Unit: $764,117
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Median Unit: $623,771
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Median Unit: $799,801
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Median Unit: $506,688
Median House: $1,207,779
Median Unit: $679,633
Frequently asked questions
502/57 Bay Street is a Apartment built in 2006 in Port Melbourne, Victoria. Review photos and floor plans for more detail on the construction and condition of the property.
The property at 502/57 Bay Street includes 2 bedrooms, 1 bathroom and parking for 1 car.
Size information for the property at 502/57 Bay Street in Port Melbourne is not currently available in our records. Buyers and renters can review the floor plan and photos for a better sense of internal and external space.
502/57 Bay Street in Port Melbourne, Victoria, is close to local schools such as Port Melbourne Primary School, Albert Park College-Environmental Arts Hub and Port Melbourne Secondary College
As of 8/1/2026, the property at 502/57 Bay Street is currently rented out.















