105/15 Pickles Street, Port Melbourne VIC 3207

105/15 Pickles Street, Port Melbourne VIC 3207
Corner apartment | Bay views | Beachside locale | Pool and gym access This two-bedroom apartment on a 1.7-acre shared lot represents the type of compact urban living suited to professionals, downsizers, or investors seeking walkable proximity to beach amenities without the maintenance demands of a standalone property. The property occupies a corner position within an established development, a configuration that typically commands a premium due to natural light and dual aspect exposure. Its location one block from the beach and within walking distance of Bay Street retail and Gas Works Park positions it for renters and buyers valuing lifestyle convenience over suburb isolation. The inclusion of resort-style facilities- a gym, in-ground pool, and secure parking- compensates for the modest land footprint and appeals to occupants seeking community amenities without individual property upkeep. Recent market activity shows the property sold in mid-January 2026 after 87 days on market, suggesting moderate demand for this asset class in the current cycle. The development’s security infrastructure and intercom access indicate a professionally managed environment, which typically attracts tenants comfortable with body corporate arrangements. Bay-facing orientation and the engineered timber flooring in main living spaces suggest the developer prioritised presentation standards that hold appeal across both owner-occupier and investor segments. Properties of this profile- two-bedroom corner units in beachside developments with established facilities- tend to perform steadily as rental stock for tourists and short-term residents, though capital growth remains tied to broader Melbourne apartment market cycles rather than individual property differentiation.

Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ 

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Market Insight:

Port Melbourne is one of MelbourneΒ’s most desirable bayside suburbs combining inner-city living with waterfront lifestyle. Housing demand is driven by professionals and affluent downsizers seeking proximity to the CBD. Property prices remain elevated due to limited land supply and coastal appeal. Redevelopment of former industrial areas continues to shape the housing market.
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PropCred Estimated Value

Bedrooms

2

Bathroom

1

Parking

1

Land

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