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172 Albert Street, Port Melbourne$1.45m
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For Salehouse

172 Albert Street

Port Melbourne, VIC 3207, Australia
$1.45m
3 bed 2 bath

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About this property

A rare freestanding Victorian in a prized Port Melbourne pocket, this beautifully renovated 3-bedroom, 2-bathroom home delivers immediate turnkey living just moments from Bay Street, the beach and city light rail. Blending period character with a modern, easy-to-live-in layout, the home is designed for flexibility and lifestyle. Two generous ground-floor bedrooms are complemented by a private upper-level main suite, creating an ideal retreat for professionals, downsizers or young families seeking separation and space. At the rear, a light-filled open-plan living and dining zone forms the heart of the home, anchored by a well-appointed kitchen and flowing seamlessly to a sun-soaked courtyard. Perfect for entertaining or relaxed everyday living, this indoor-outdoor connection is where the home truly shines. Additional highlights include: - Three well-proportioned bedrooms, including an upper-level main suite - Two stylish bathrooms for modern convenience - Open-plan living and dining with abundant natural light - Private, low-maintenance courtyard ideal for entertaining - Freestanding design offering space, light and privacy Positioned in one of Port Melbourne's most walkable locations, enjoy easy access to Bay Street's cafés, shops and restaurants, the beach, local parks and city-bound light rail. Readily available on-street parking with no permit required adds further everyday convenience. Offering the charm buyers love with the layout they often struggle to find, this is a move-in-ready opportunity in a tightly held bayside setting.

Property Details

Property Type
house
Listing Type
For Sale
Bedrooms
3
Bathrooms
2
Listed
3 months ago

Repayment calculator

$7,030/month
$3,515 /fortnight
Loan $1,160,000 at 6.10% over 30 years

Upfront costs

Deposit$290,000
Stamp duty$79,750
Conveyancing (est.)$2,000
Total upfront$371,750
Verify with VIC revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Port Melbourne

This 3-bedroom house in Port Melbourne, VIC 3207 sits within reach of public transport, local shops and nearby schools. It is listed 25% above the $1.16m median of 58 comparable houseswithin 5 km.

Schools near Port Melbourne

  • Port Phillip Specialist Schoolcombined · U · CoEd
  • Narrarrang Primary Schoolprimary
  • Port Melbourne Primary Schoolprimary · Prep-6 · CoEd
  • Port Melbourne Secondary Collegesecondary · 7-10 · CoEd

What's nearby

  • Stop 128: Graham Street (tram)264 m away
  • The Reject Shop574 m away
  • Turner Reserve191 m away
  • Hester Reserve243 m away
  • Morris Reserve291 m away

Port Melbourne at a glance

Full suburb profile
Population
17,633
Median age
42
Household income
$2,372/wk
Median rent
$540/wk
Median mortgage
$2,500/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Port Melbourne price trend

Median sold · House 3 bed

Compound growth -0.4% / yr over 4 yrs

$1.71mcurrent median

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Price history

Price history

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1 price change recorded for this property

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