Port Melbourne VIC 3207, Australia
Also written as Unit RC50, 55 Bay Street.
Based on curated rent estimate.
Confidence ratings show how closely the estimate matches the comparable property data we currently have.
There is a stronger pool of recent, relevant comparison data and the subject property lines up closely with those comparable properties.
There is a reasonable amount of comparison data, but the closest matches may vary more in type, size, timing or location.
There are fewer recent comparable properties available, or the known examples are less similar to the subject property.
These figures are estimates and broad indications only. They are generated from recorded property attributes and available third-party market data, without a physical inspection of the property.
They are not a professional valuation, appraisal, legal opinion or financial recommendation. No person should rely on them as the sole basis for a purchase, sale, lease, lending or investment decision.
Yardize does not guarantee the accuracy or completeness of any rent estimate, value estimate, range or confidence score, and no legal claim can be made against us for reliance on this information.
Based on the comparable property evidence currently available.
RC50/55 Bay Street is a unit situated on a 7,160 m² parcel of land in Port Melbourne
Port Melbourne lies about 3 km (approximately 2 mi) south‑west of Melbourne’s CBD, so the unit is just a short drive or tram ride from the city centre
The property is within 0.5 km of the Graham St light‑rail stop and 0.6 km of the Beacon Cove tram stop, serviced by tram route 109. It is also close to a comprehensive CDC Melbourne bus network and easy access to the West Gate and CityLink freeways
Within a 0.2–0.5 km walk you’ll find heritage buildings such as the Naval Drill Hall, the former Post Office, the Port Melbourne Court House and Police Station, the Band Rotunda, and the Port Theatre. Bay Street’s restaurants and cafés are also just a few minutes away
Port Melbourne offers bayside beaches, the Band Rotunda, and several light‑rail stations for easy access to parklands and the waterfront promenade. The suburb also hosts a range of sporting clubs, including football, cricket and tennis facilities
At the 2021 census, Port Melbourne had 17,633 residents. The community is diverse, with a strong proportion of Australian‑born residents and notable communities from England, New Zealand, Greece, the United States and Italy
Bay Street is the historic commercial strip with many cafés and restaurants. The suburb also houses the head office of Toyota Australia and a strong presence of the Maritime Union of Australia
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