Port Melbourne VIC 3207, Australia
Also written as Unit SL36, 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.
The unit sits on a land parcel of 7,160 m². This provides ample space for the property within the Port Melbourne streetscape
Port Melbourne is located about 3 km (approximately 2 mi) south‑west of the Melbourne CBD, putting SL36/55 Bay Street within easy reach of the city centre
The property is close to several tram stops, including Graham St/Light Rail (≈0.5 km) and Beacon Cove light rail station (≈0.6 km). It is also serviced by an extensive CDC Melbourne bus network and is near the West Gate and CityLink freeways
Within 0.1 km you’ll find the heritage‑listed Naval Drill Hall and former Post Office, as well as The Hamptons Apartments hotel. A short walk also reaches the Port Melbourne Court House and Police Station (≈0.2 km), Band Rotunda (≈0.3 km) and the historic Port Theatre (≈0.4 km)
Port Melbourne is an inner‑city suburb known for its diverse history, bayside beaches, restaurants and cafés along Bay Street, and a mix of historic industrial sites now undergoing urban renewal. The area blends heritage buildings with modern apartments and offers vibrant commercial activity
The property is just a short walk from the shoreline of Hobsons Bay, providing access to beaches and parklands. Light rail stations and bus routes also connect residents quickly to nearby sporting venues such as North Port Oval
Originally an industrial and port district, Bay Street has seen intense urban renewal over the past three decades, transforming former factories into residential apartments while retaining historic cafés, restaurants and heritage architecture
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