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399 Princes Street, Port Melbourne$1.23m
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For Salehouse

399 Princes Street

Port Melbourne, VIC 3207, Australia
$1.18m – $1.27m
2 bed 1 bath

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About this property

With parkland at the doorstep, a northeastern rear aspect and the city only minutes away, this beautifully renovated Victorian offers a lifestyle few addresses can rival. Beyond its traditional solid-brick façade, a dual-level extension and intelligent redesign have maximised every inch of the original footprint, creating a light-filled contemporary space that capitalises on its prized orientation and delivers exceptional low-maintenance appeal in a highly sought-after city-edge setting. Richly-toned timber floors flow throughout the ground floor, introducing a gracious living room enhanced by a gas fireplace, decorative cornices and designer lighting. To the rear, a sleek stone kitchen, appointed with integrated refrigeration and quality Fisher & Paykel appliances, including a DishDrawer, is complemented by a scullery/laundry and extensive pantry storage. Overlooking the adjoining meals area, it presents a sensational seasonal transition zone, with bi-fold doors that open to a generously proportioned paved courtyard, perfect for alfresco dining and entertaining, complete with pedestrian access via the rear right-of-way. Upstairs comprises two bedrooms with built-in robes, including a light-filled main bedroom with a sunny outlook and custom window seat, supported by a stylish central bathroom featuring a skylight, twin shower and full-height hexagonal tiling. Additional features include split-system heating and cooling, double glazing to the rear, a powder room, abundance of storage, and multiple skylights, whilst the first-class position between Sangster and Smith Reserves places you within steps of the city-bound light rail, and a short walk from Bay Street's renowned cafes and restaurants, South Melbourne Market, excellent schools and the beach.

Property Details

Property Type
house
Listing Type
For Sale
Bedrooms
2
Bathrooms
1
Listed
4 weeks ago

Repayment calculator

$5,939/month
$2,969 /fortnight
Loan $980,000 at 6.10% over 30 years

Upfront costs

Deposit$245,000
Stamp duty$67,375
Conveyancing (est.)$2,000
Total upfront$314,375
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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 2-bedroom house in Port Melbourne, VIC 3207 sits within reach of public transport, local shops and nearby schools. It is listed 17% below the $1.48m median of 64 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

  • Princes Street/Bridge Street (bus)245 m away
  • Alfred Nott Optometrists456 m away
  • Sangster Reserve39 m away
  • Smith Reserve122 m away
  • Howe Reserve147 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 2 bed

Compound growth -1.4% / yr over 4 yrs

$1.25mcurrent median

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Price history

Price history

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1 price change recorded for this property

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