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502/57 Bay Street

Port Melbourne, VIC 3207, Australia
$695,000
2 bed 1 bath 1 car79m²

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Area Price Guide
$653,300$736,700

Indicative price guide range

🏘️
78
Comparable
📊
$960,000
Area median
⚖️
-28%
vs median
📐
$8,797
Per m²
📏
79 m²
Land
🗓️
1 week ago
Listed

Property Insights

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About this property

Expression of Interest (unless sold prior) ends Wednesday, 24th June 2026 at 5pm. 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 Features

    View full listing on Domain

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    Repayment calculator

    $3,369/month
    $1,685 /fortnight
    Loan $556,000 at 6.10% over 30 years

    Upfront costs

    Deposit$139,000
    Stamp duty$36,770
    Conveyancing (est.)$2,000
    Total upfront$177,770
    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.

    Property Details

    Property Type
    apartment
    Listing Type
    For Sale
    Bedrooms
    2
    Bathrooms
    1
    Parking
    1
    Land Area
    79m²
    Listed
    1 week ago

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