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Houses in Port Melbourne range from single-fronted Victorian timber worker's cottages to new apartments and housing developments.
Port Melbourne has undergone a major demographic shift in the past twenty years, from one of the cheapest and poorest suburbs in the City to one of the most expensive and wealthiest.
Many large apartment developments in Port Melbourne occupy large blocks of land, taking over large factories and warehouses, such as HM @ S project in Beach Street, ID Apartments in Pickles and Rouse Streets, and Bayshore and Bayview Apartments in Bay Street.
Each of these developments comprise multiple buildings, and many of the redevelopments have preserved the heritage buildings.
The Port Melbourne population now combines significant numbers of wealthy people, with those who live in public housing and other " old Port " locales.
The area has many residents whose families came from Greece in the 1950s, as well as more recent arrivals from Africa and Asia.

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