Port Melbourne, VIC 3207

Port Melbourne, VIC 3207

Compare Part of Port Phillip

3.32 km
Distance from CBD
11 k
Population

Auction Times

Sat 26 Jun
Auction Time Agency
403/88 Beach Street
3 2 2 Apartment
9:30 AM
Sat 26th Jun
Marshall White
15/105 Beach Street
2 2 1 Apartment
11:00 AM
Sat 26th Jun
Greg Hocking Real Estate
301/52 Dow Street
2 2 2 Apartment
11:00 AM
Sat 26th Jun
Buxton
188 Station Street
2 1 0 House
11:00 AM
Sat 26th Jun
Chisholm & Gamon Property Port Melbourne
51 Ross Street
3 2 1 House
11:30 AM
Sat 26th Jun
Marshall White
808/107 Beach Street
3 2 2 Apartment
12:30 PM
Sat 26th Jun
Greg Hocking Real Estate
17/33 Johnston Street
2 1 1 Apartment
1:00 PM
Sat 26th Jun
Hocking Stuart
Wed 30 Jun
Auction Time Agency
408/99 Dow Street
1 1 1 Apartment
6:00 PM
Wed 30th Jun
First National Real Estate City Residential
Sat 3 Jul
Auction Time Agency
75/1 Graham Street
2 1 1 Apartment
10:00 AM
Sat 3rd Jul
Hocking Stuart
G04/99 Nott Street
2 1 1 Apartment
10:30 AM
Sat 3rd Jul
Gary Peer & Associates
414/99 Dow Street
2 2 2 Apartment
11:00 AM
Sat 3rd Jul
Hocking Stuart
30 Cambridge Street
2 1 1 House
11:00 AM
Sat 3rd Jul
Cayzer Real Estate
125 Esplanade East
2 2 2 House
11:30 AM
Sat 3rd Jul
Simon Graf Real Estate
10/334 Princes Street
2 1 1 Apartment
11:30 AM
Sat 3rd Jul
Biggin & Scott
121/232 Rouse Street
2 2 1 Apartment
11:30 AM
Sat 3rd Jul
Buxton
78 Princes Street
4 2 2 House
1:00 PM
Sat 3rd Jul
Hocking Stuart
507/216 Rouse Street
3 2 2 Apartment
1:30 PM
Sat 3rd Jul
Buxton
Sun 4 Jul
Auction Time Agency
249 Bridge Street
3 2 1 House
11:30 AM
Sun 4th Jul
Marshall White
Median Sale Price
House
$1.6M
Updated on Apr 2021
2 BR
$1.19M
3 BR
$1.66M
4 BR
$2.25M
Unit
$705K
Updated on Apr 2021
1 BR
$514K
2 BR
$788K
3 BR
$1.44M
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
Year Median Growth Low High # Sales
2009
$910,000
0.0% $380,000 $5,350,000 157
2010
$1,005,000
+9.5% $287,000 $5,500,000 192
2011
$945,000
-6.3% $466,000 $5,800,000 133
2012
$942,000
-0.3% $308,000 $4,100,000 202
2013
$1,003,500
+6.1% $520,000 $5,175,000 230
2014
$1,100,000
+8.8% $535,000 $2,920,000 199
2015
$1,305,000
+15.7% $30,000 $6,600,000 151
2016
$1,380,000
+5.4% $515,000 $3,705,000 131
2017
$1,575,000
+12.4% $548,000 $3,775,000 136
2018
$1,400,000
-12.5% $575,000 $7,050,000 135
2019
$1,400,000
0.0% $825,000 $3,140,000 128
2020
$1,457,000
+3.9% $750,000 $2,990,000 117
2021
$1,730,000
+15.8% $966,000 $3,675,000 113
Median Sale Price
$1.6M
Based on 174 recorded sales within the last 12 months
Updated on 24 Jun 2021
Suburb Growth
+9.1%
Current Median Price: $1,600,000
Previous Median Price: $1,455,000
Based on 306 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending May 2021)
Price Range Segments (12 months ending May 2021)
Median Weekly Rent Price
House
$695
Updated on May 2021
2 BR
$585
3 BR
$795
4 BR
$1,150
Unit
$550
Updated on May 2021
1 BR
$400
2 BR
$550
3 BR
$770
4 BR
$880
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
Year Median Growth Low High # Rents
2011
$595
0.0% $320 $2,500 177
2012
$600
+0.8% $275 $1,700 226
2013
$650
+7.7% $315 $2,000 296
2014
$610
-6.6% $340 $1,700 172
2015
$650
+6.2% $350 $2,700 322
2016
$700
+7.1% $350 $1,900 280
2017
$695
-0.7% $350 $2,200 330
2018
$725
+4.1% $425 $1,850 296
2019
$750
+3.3% $350 $2,200 290
2020
$700
-7.1% $350 $2,500 321
2021
$735
+4.8% $370 $2,000 119
Median Rent Price
$750
per week
Based on 268 recorded rent within the last 12 months
Updated on 24 Jun 2021
Rent Price Growth
+4.0%
Current Median Rent: $750
Previous Median Rent: $720
Based on 594 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+2.4%
Current Median Price: $1,600,000
Current Median rent: $750
Based on 442 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending May 2021)

Auction Results For Port Melbourne

Houses sold in Last 12 months ends 19 Jun 2021

$1.74M

Median Sale Price

85%

Clearance Rate

97/115

Sold/Reported

$3.68M

Highest Sale Price

Sold Price Range No. of Sold Properties
$3 M and more 2
$2 M - $3 M 19
$1.8 M - $2 M 8
$1.6 M - $1.8 M
(Median Price Range)
6
$1.4 M - $1.6 M 9
$1.2 M - $1.4 M 7
$1 M - $1.2 M 7
$800 K - $1 M 2

Schools closest to Port Melbourne, VIC 3207

School name Address Type Sector Distance
Albert Park College 83 DANKS STREETAlbert Park 3206 Secondary Government 0.82 km
Port Melbourne Primary School 415 GRAHAM STREETPort Melbourne 3207 Primary Government 0.89 km
Albert Park Primary School BRIDPORT STREETAlbert Park 3206 Primary Government 0.96 km
Galilee Regional Catholic Primary School MONTAGUE STREET & BANK STREETSouth Melbourne 3205 Primary Catholic 1.05 km
Middle Park Primary School 194 RICHARDSON STREETMiddle Park 3206 Primary Government 1.72 km