Property Auction Result

51/2 Esplanade Pl, Port Melbourne VIC 3207

unit 1 1 1

51/2 Esplanade Pl, Port Melbourne VIC 3207

Passed In `$720,000` on 13 May 2023

Distance To CBD: 3.01 km
List: $690,000 - $740,000
Agency: RT Edgar - Albert Park
Floorplan Nearby Sold Price

Stamp Duty

^$40,340

*based on property value $730,000 for investment

Mortgage registration fee ^$108

Transfer fee ^$1,362

Stamp duty on property ^$38,870

Monthly Repayment

^$ 3,135

*based on loan amount $584,000 for principal and interest

Total interest payable ^$544,614

Loan Term 30 years

Annual Interest Rate 5.00%

Comparable Sold Properties

Address	Type					Sold Price
5/223 Esplanade East Port Melbourne 3207	apartment	1	1	1	Sep 2023	`$395,000`
G03/99 Dow Street Port Melbourne 3207	apartment	1	1	1	Sep 2023	`$510,000`
101/41 Nott Street Port Melbourne 3207	apartment	1	1	1	Aug 2023	`$460,000`
409/320 Plummer Street Port Melbourne 3207	apartment	1	1	1	Aug 2023	`$460,000`
101/38 Nott Street Port Melbourne 3207	apartment	1	1	1	Aug 2023	`$480,000`
409/55 Bay Street Port Melbourne 3207	apartment	1	1	1	Jul 2023	`$560,000`
506/166 Rouse Street Port Melbourne 3207	apartment	1	1	1	Jul 2023	`$615,000`
306/2 Rouse Street Port Melbourne 3207	apartment	1	1	2	Jul 2023	`$515,000`

Comparable Rent Properties

Address	Type					Rent Price
308/99 Dow Street Port Melbourne 3207	apartment	1	1	1	Aug 2023	`$450` p/w
9/39 Esplanade East Port Melbourne 3207	apartment	1	1	1	Aug 2023	`$480` p/w
E707/126 Rouse Street Port Melbourne 3207	apartment	1	1	1	Aug 2023	`$550` p/w
22/174 Esplanade East Port Melbourne 3207	apartment	1	1	1	Aug 2023	`$495` p/w
208/77 Nott Street Port Melbourne 3207	apartment	1	1	1	Aug 2023	`$425` p/w
201/91 Dow Street Port Melbourne 3207	apartment	1	1	1	Aug 2023	`$480` p/w
205/19-25 Nott Street Port Melbourne 3207	apartment	1	1	1	Aug 2023	`$490` p/w
201/216 Rouse Street Port Melbourne 3207	apartment	1	1	1	Aug 2023	`$450` p/w

Auction History - Port Melbourne, Vic 3207

2023 September

Address	Price	Result*	Type		Agent
71 Heath St	`$1,780,000`	VB	House	3	Cayzer Rea
205 Clark St	`N/A`	W	House	4	Marshall W
252 Esplanade E	`$1,552,000`	SP	House	2	WHITEFOX R
108/2 Rouse St	`$705,000`	SP	Unit	2	Chisholm &
222 Esplanade W	`$3,750,000`	VB	House	4	Marshall W
801/127 Beach St	`N/A`	S	Unit	3	Buxton Por
287 Esplanade E	`$1,840,000`	S	House	3	Marshall W
3/117 Rouse St	`N/A`	S	Townhouse	3	Chisholm &
180 Heath St	`N/A`	W	House	4	Belle Prop
220 Nott St	`N/A`	S	House	3	Marshall W
1/282 Ross St	`N/A`	PI	House	3	Jellis Cra
507/55 Bay St	`N/A`	W	Unit	1	Buxton Por
328 Williamstown Rd	`N/A`	PI	House	3	Jellis Cra
69 The Cr	`N/A`	S	House	4	Marshall W
4/1 Liardet St	`N/A`	S	Unit	2	Buxton Por

2023 August

Address	Price	Result*	Type		Agent
57 Swallow St	`$3,100,000`	PI	House	4	Marshall W
301/222-224 Rouse St	`N/A`	W	Unit	2	Biggin & S
G01/232-242 Rouse St	`N/A`	S	Unit	2	Jellis Cra
6A Woodruff St	`$1,070,000`	S	Townhouse	3	Frank Gord
507/1 Danks St W	`$726,000`	S	Unit	2	Buxton Por
6/141 Albert St	`$1,480,000`	S	House	3	Marshall W
404/71 Rouse St	`N/A`	PI	Unit	3	Marshall W
47/1 Graham St	`N/A`	VB	Unit	2	Buxton Por
6 Swallow St	`N/A`	PI	House	3	Jellis Cra

Where Melbourne's immigrants were born

Port Melbourne, VIC 3207 (`3.32 km` to CBD)

Median House Price

$1,751,000

Median Unit Price

$762,500

Surrounding Suburbs

Nearby Train Stations

2.19 km Southern Cross Station
2.7 km Flinders Street Station
2.94 km Flagstaff Station

Nearby Schools

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