The Penthouse/103 Beach Street
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Property Insights
Multi-dimensional analysis · last updated 06/05/2026
Schools
7 nearby schools
Catchment: Port Melbourne Primary School
Zoning
GRZ1 — General Residential Zone
Port Phillip Planning Scheme
Public transport
Data unavailable
Traffic
Moderate congestion
Peak hour traffic (7-9am and 4-6pm) creates moderate congestion on Bay Street and connecting routes toward the CBD. Inbound morning traffic and outbound evening traffic can cause delays on approaches to the West Gate Bridge corridor.
Flood risk
High
Port Melbourne is highly flood-prone due to its low-lying proximity to the Yarra River estuary and Port Phillip Bay, with significant portions subject to the LSIO under Victoria's planning scheme. The suburb experiences tidal influences and storm surge risk, compounded by historical flood events in the Yarra catchment. Stringent planning controls and flood-mitigation measures are mandatory for new development.
Bushfire risk
None
Port Melbourne is a dense, urban inner-city suburb of Melbourne with minimal vegetation and no bushfire-prone areas nearby. Properties in Port Melbourne are not mapped within the Bushfire Management Overlay (BMO) or Bushfire Prone Area (BPA), and do not require BAL ratings or AS 3959 bushfire construction standards.
Crime profile
above average
Trend: stable
Nearby development
6 projects nearby
Port Melbourne is experiencing sustained urban renewal focused on waterfront activation, heritage adaptive reuse, and conversion of industrial land to mixed-use residential and commercial precincts. The suburb benefits from proximity to the CBD, bay foreshore, and Fishermens Bend urban renewal zone, driving strong medium-to-high-density residential and mixed-use development activity. Infrastructure upgrades and public realm improvements are supporting the transition toward a contemporary waterfront village character.
Heritage
Heritage listed
Port Melbourne is a historic inner-city suburb with a well-established conservation area encompassing heritage residential properties, industrial heritage, and waterfront structures dating from the 19th and early 20th centuries. Many properties within the locality are subject to heritage overlays that regulate external modifications, extensions, and demolition. The area's character is defined by Victorian-era terraces, bluestone lanes, and maritime heritage elements.
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Property Features
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Property Details
- Property Type
- apartment
- Listing Type
- For Sale
- Bedrooms
- 3
- Bathrooms
- 3
- Parking
- 3
- Listed
- 3 weeks ago
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