380 Bay Street PORT MELBOURNE

Benefits

Higher positional potential for long term growth
Growth above average metro in last decade
Higher risk as newer precinct
Lower risk established look
Area distance from CBD

Concerns

Poor street
Restricted or no car access
Touches other properties
Poor bathroom position
Mal James
Mal James
0408 107 988
[email protected]

Comments on 380 Bay Street PORT MELBOURNE

380 Bay Street, Port Melbourne presents as a classic double-fronted terrace with a lovely façade and a touch of character. At around 6 metres wide, it’s noticeably more generous than the narrower versions in the area, giving the rooms and hallways a better sense of flow and proportion both upstairs and down.

Position-wise, you’re right in the thick of Bay Street with easy access to shops, cafes, the beach and the city. The trade-off is the level of passing traffic, which will deter some buyers but is also typical of this pocket. Buyers here generally know they’re buying into convenience and amenity, not quiet suburbia.

Internally, the front rooms are attractive with good ceiling height and period appeal. The rear kitchen and living areas are comfortable and functional as is, though they’d likely need updating in time to match the overall calibre of the home. Out the back, the deck and garden are pleasant but there’s no practical car access – the rear crossover and tree positioning make it unrealistic to park on site.

Upstairs follows the standard unrenovated terrace layout. Bathrooms sit at the rear rather than near the main bedroom, which would be expensive to reconfigure due to plumbing and shared wall challenges.

Overall, it’s a home with charm but not without compromise. The quote range of $2.4–$2.6 million feels fair for what it is – a well-located, slightly wider terrace in good condition with potential to improve. The buyer pool will likely be small rather than deep, and prospects for above-average growth are not there, so the pricing strategy will be important.


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James Buy Sell works across Melbourne’s top-end property market to help our clients make smart real estate decisions.

4
Bedroom
2
Bathroom
0
Parkings
155sqm
Land Area
Floor Plan Agent

Sold - 10:30 AM Nov 29 2025

Quote $2,400,000 - $2,600,000

East Facing

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Advice that Matters

James Buy Sell works across Melbourne’s top-end property market to help our clients make smart real estate decisions.