The Port Apartments
21-31 Market Street, Melbourne VIC 3000
- 54 m tall · #269 in Melbourne
- 12 floors
- 111 homes
- 1 businesses
- 34 car spaces
What's available here Add a listing link
| Looking to | In this building | Area guide | Search the building |
|---|---|---|---|
| Buy | — | Unit median $545,000 | realestate.com.au ↗domain.com.au ↗ |
| Rent | — | 1-bed median $560/wk | realestate.com.au ↗domain.com.au ↗ |
| Lease space | — | — | realcommercial.com.au ↗commercialrealestate.com.au ↗ |
Area guides are suburb medians, not this building's prices. Each link opens a Google search limited to that site.
95 years standing
- 1931Completed
- 2000Refurbished
- TodayStill standing
8 building permits · 1 news storyFull timeline ↓
About The Port Apartments
The Port Apartments is a residential apartment building with 111 homes over 12 floors above ground. Completed in 1931, it is also known as the Port Authority Building and is covered by a heritage overlay.
At a glance
Key facts
- Building type
- 🏬 Mixed use
- Completed
- 1931 Unconfirmed ?We don't have data to 100% confirm this data point as yet.
- Height
- 54 m Unconfirmed ?We don't have data to 100% confirm this data point as yet.
#269 of 1596 in Melbourne - Floors
- 12 Unconfirmed ?We don't have data to 100% confirm this data point as yet.
- Footprint
- 1,001 m²
- Homes
- 111
- Businesses
- 1
- Car spaces
- 34
- Strata plan
- PS414650 · 116 lots
- Planning zone
- CCZ1
- Permits on record
- 8
Score cards
Flinders Street Station 6 min walk · 11 tram stops within 400 m
67 cafés, 3 grocers, 4 medical within 250 m
92 street trees within 150 m · park 49 m away
283 people pass daily nearby · 28 licensed venues within 200 m
Calculated from PTV timetable stops, the City of Melbourne business census, street trees, pedestrian sensors and liquor licences.
Apartments
The council hasn't recorded a bedroom breakdown for The Port Apartments.
🚗 34 residential car spaces recorded at this property, about 0.3 per home. Which apartments have a space isn't recorded, so check the listing.
City of Melbourne Development Activity Monitor and off-street car parks, CC BY 4.0.
The building team
The people and companies behind the design, construction and management of The Port Apartments.
Location & neighbourhood
Getting around
Train station6 min · 518 m
Train station7 min · 577 m
Tram stop1 min · 106 m
Tram stop1 min · 107 m
Tram stop2 min · 149 m
Straight-line walking estimate. Source: PTV GTFS, CC BY 4.0.
Within a 3-minute walk
Who lives in Melbourne (CBD)
ABS Census 2016 via City of Melbourne (CC BY).
Prices and rents around here
Suburb and area medians, not this building's prices.
Prices: Victorian Property Sales Report, © State of Victoria (Department of Transport and Planning), CC BY 4.0.
Median weekly rents for new leases, CBD-St Kilda Rd
| Apartment | Median rent | Change in a year | Trend since Mar 2016 | New leases |
|---|---|---|---|---|
| 1 bedroom | $560/wk | +1.8% | 6,274 in the year to Sep 2025 | |
| 2 bedroom | $735/wk | +2.1% | 6,605 in the year to Sep 2025 | |
| 3 bedroom | $1050/wk | -4.5% | 737 in the year to Sep 2025 |
Source: Homes Victoria Rental Report, CC BY 4.0. Area medians, not this building's rents.
Businesses in The Port Apartments
1 businesses recorded in the City of Melbourne's latest business census.
The Trust
Looking for space in The Port Apartments?
Timeline
Everything that has happened at The Port Apartments: listings, news, works, planning and history.
Planning & heritage
Planning controls
DDO1Design and Development Overlay: limits on building height, setbacks and designDDO10Design and Development Overlay: limits on building height, setbacks and designHO723Heritage Overlay: a permit is needed to demolish or change the outside of heritage placesPO1Parking Overlay: controls on how much car parking new development can provideVicmap Planning, © State of Victoria (Department of Transport and Planning), CC BY 4.0. Plain-English summaries are ours. Check the planning scheme for exact controls.
Subdivision & permits
- Plan of subdivision
- PS414650
- Lots on the plan
- 116
- Owners corporation
- Yes (common property)
- Building permits on record
- 8
- Estimated cost of works
- About $2.5m
Costs are estimates declared on permits, not amounts spent. Stages of a project repeat its value, so we group them and count each project once. A value can cover a project spanning several buildings. Our calculation from City of Melbourne building permits, CC BY 4.0.
History of the site
How it's been recorded over time
City of Melbourne Census of Land Use and Employment, since 2002.
Community
What people say about The Port Apartments in public forums and groups, and reviews left here.
Resident & tenant reviews
No reviews of The Port Apartments yet. Be the first to tell future neighbours what it's like.
Reviews are checked before they're published. No one is named without permission.
Rate and review The Port Apartments
Frequently asked questions
Is The Port Apartments residential or commercial?
The Port Apartments mixes homes and businesses under one roof. The City of Melbourne lists its main use as residential apartment.
When was The Port Apartments built?
The Port Apartments was completed in 1931.
How many floors does The Port Apartments have?
The Port Apartments has 12 floors above ground.
How many apartments are in The Port Apartments?
The Port Apartments has 111 homes. The national address file lists 114 unit addresses here, and some of those can be shops or offices.
Does The Port Apartments have parking?
The City of Melbourne records 34 residential car spaces at this property. Which apartments have a space isn't recorded, so check the listing.
What do apartments cost near The Port Apartments?
The median unit price in Melbourne was $545,000 in 2025, from the Victorian Property Sales Report. That's for the whole suburb, not this building.
What businesses are in The Port Apartments?
The latest council census counted 1 business in The Port Apartments, including The Trust.
Are there apartments for sale or rent in The Port Apartments?
See the residential listings on this page, or use the shortcuts to search 21-31 Market Street on realestate.com.au and Domain.
Is there office or retail space for lease in The Port Apartments?
See the commercial listings on this page, or search this address on realcommercial.com.au and commercialrealestate.com.au.
Who built The Port Apartments?
The building team section lists who's known so far. Builders, architects and developers can claim their role on this page.
How tall is The Port Apartments?
About 54 metres, measured from the City of Melbourne's 3D building model. It's number 269 of 1596 buildings in Melbourne by height.
What public transport is near The Port Apartments?
Flinders Street Station is the nearest train station, about 6 minutes' walk. The nearest tram stop is Flinders St/Queens Bridge St #1, about 1 minute's walk.
What is the planning zone for The Port Apartments?
The site is in the Capital City Zone - Schedule 1 (CCZ1). It's also under a Heritage Overlay (HO723).
Does The Port Apartments have an owners corporation?
Plan of subdivision PS414650 has 116 lots and common property, which means it is managed by an owners corporation.
Has any work been done on The Port Apartments recently?
The City of Melbourne has issued 8 building permits for The Port Apartments since 1998. The most recent was in November 2021.
Compare with nearby buildings
| Building | Type | Distance | Floors | Completed |
|---|---|---|---|---|
| The Port Apartments | Mixed use | — | 12 | 1931 |
| Orion House | Commercial | 43 m | 11 | 1921 |
| 42-52 Market Street | Commercial | 75 m | 16 | 1969 |
| Electric House | Commercial | 65 m | 10 | 1988 |
That's Built compiles information from public records, research and contributions. Details are checked against multiple sources where possible but may contain errors and aren't professional advice. Sources: City of Melbourne building permits (CC BY 4.0), CLUE building information (CC BY 4.0), CLUE business establishments (CC BY 4.0), CLUE residential dwellings (CC BY 4.0), Geocoded National Address File (G-NAF) (Open G-NAF EULA (CC BY 4.0 based)). Street View and business details © Google Maps.