151/95 Rouse Street, Port Melbourne VIC 3207
151/95 Rouse Street, Port Melbourne VIC 3207
This is a 218-square-metre, three-bedroom, two-bathroom apartment with two car spaces in a 2000-built complex on Rouse Street, Port Melbourne. The property is a strata unit within an 8381-square-metre land holding and last transacted in 2015.
What makes this property competitively strong is its sheer internal size—218 square metres is rare for a Port Melbourne apartment, placing it well above the typical floorplan in the suburb. The three-bedroom, two-bathroom configuration with two car spaces is a functional edge for families or downsizers who want space without moving to a house. City views from similar units in the building suggest a desirable aspect, and the coastal suburb location offers established amenity and proximity to the CBD. This property serves best a high-net-worth buyer seeking low-density apartment living with genuine room to spread out, rather than a compact investment unit.
The price guide of four to four point four million dollars positions this unit at a significant premium, which may narrow the buyer pool and extend time on market. The building age of 2000 means some systems or finishes may need updating, and strata fees on a large unit in an older complex could be material. The suburb’s zero percent auction clearance rate and average fifty-six days on market suggest caution for premium stock, so a buyer should weigh holding costs and resale liquidity carefully. The lack of recent comparable sales for this specific unit adds uncertainty, but the 2015 transaction provides a long-term baseline for capital growth assessment.
Detailed Independent Property Report prepared by PropCred Analyst team for 151/95 Rouse Street, Port Melbourne VIC 3207
Checks found:
Value Risk
1
Liquidity Risk
2
Planning Risk
1
Income Risk
Execution Risk
1
URL has been copied successfully!
Market Insight
Port Melbourne presents a dynamic, evolving market with a clear divergence between its established housing sector and its unit segment. Demand is robust, evidenced by strong auction activity and consistent sales, though the pace varies. While houses demonstrate relative stability, the unit market faces clear headwinds with softening prices, indicating supply or demand pressures. Future growth is underpinned by significant local infrastructure investment, including the major Station Pier redevelopment, which will enhance amenity and likely sustain long-term appeal.
URL has been copied successfully!
PropCred Estimated Value
Bedrooms
3
Bathroom
2
Parking
2
Land
2.07 acres
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
URL has been copied successfully!