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 2 Dec
Auction Time Agency
7 Walter Street
4 3 3 House
10:30 AM
Sat 2nd Dec
Biggin & Scott
9/15 Beach Street
2 2 2 House
10:30 AM
Sat 2nd Dec
The Agency
59 Spring Street East
3 2 0 House
10:30 AM
Sat 2nd Dec
Marshall White
3 Page Ave
3 2 2 House
11:00 AM
Sat 2nd Dec
Lemon Baxter
2 McCormack Street
5 2 3 House
11:30 AM
Sat 2nd Dec
Marshall White
11/103a Stokes Street
3 2 2 House
11:30 AM
Sat 2nd Dec
James Nicolaou Real Estate
51/95 Rouse Street
2 2 1 Apartment
12:30 PM
Sat 2nd Dec
Biggin & Scott
101 Stokes Street
4 3 2 House
1:30 PM
Sat 2nd Dec
Marshall White
209/41 Nott Street
2 2 1 Apartment
2:00 PM
Sat 2nd Dec
Marshall White One
73 Heath Street
4 3 0 House
2:00 PM
Sat 2nd Dec
Greg Hocking Real Estate
29 Stokes Street
2 2 2 Townhouse
2:00 PM
Sat 2nd Dec
Cayzer Real Estate
Sat 9 Dec
Auction Time Agency
18 Morley Street
3 2 2 House
10:30 AM
Sat 9th Dec
Biggin & Scott
15/6 Graham Street
2 2 2 Apartment
10:30 AM
Sat 9th Dec
Buxton
19 Spring Street East
2 1 0 House
10:30 AM
Sat 9th Dec
Greg Hocking Real Estate
62/85 Rouse Street
2 2 1 Apartment
11:00 AM
Sat 9th Dec
RT Edgar
330 Esplanade East
2 1 0 House
11:30 AM
Sat 9th Dec
James Nicolaou Real Estate
405/65 Beach Street
3 2 2 Apartment
12:00 PM
Sat 9th Dec
Hocking Stuart
201/12 Princes Street
2 2 1 Apartment
12:00 PM
Sat 9th Dec
Chisholm & Gamon Property Port Melbourne
502/147 Beach Street
2 2 2 Apartment
12:30 PM
Sat 9th Dec
Biggin & Scott
12 Cumberland Road
2 1 2 House
1:30 PM
Sat 9th Dec
Frank Gordon
12 Cumberland Road
3 1 2 House
1:30 PM
Sat 9th Dec
Frank Gordon
259 The Boulevard
4 2 2 House
1:30 PM
Sat 9th Dec
Marshall White
39 Dunstan Parade
2 1 1 House
2:00 PM
Sat 9th Dec
YPA Bayside
Median Sale Price
House
-
Updated on Sep 2023
2 BR
-
3 BR
-
4 BR
-
Unit
-
Updated on Sep 2023
1 BR
-
2 BR
-
3 BR
-
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
$1,030,000
+11.7% $287,000 $5,500,000 192
2011
$945,000
-9.0% $466,000 $5,800,000 133
2012
$942,000
-0.3% $308,000 $4,100,000 202
2013
$1,006,000
+6.4% $520,000 $5,175,000 230
2014
$1,100,000
+8.5% $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
$1,410,000
-11.7% $575,000 $7,050,000 137
2019
$1,466,000
+3.8% $825,000 $3,400,000 129
2020
$1,640,000
+10.6% $750,000 $3,850,000 120
2021
$1,825,000
+10.1% $675,000 $9,100,000 216
2022
$1,652,000
-10.5% $890,000 $3,785,000 164
2023
$1,735,000
+4.8% $720,000 $4,050,000 112
Median Sale Price
$1.7M
Based on 129 recorded sales within the last 12 months
Updated on 29 Nov 2023
Suburb Growth
-2.1%
Current Median Price: $1,700,000
Previous Median Price: $1,735,000
Based on 294 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Oct 2023)
Price Range Segments (12 months ending Oct 2023)
Median Weekly Rent Price
House
-
Updated on Sep 2023
2 BR
-
3 BR
-
4 BR
-
Unit
-
Updated on Sep 2023
1 BR
-
2 BR
-
3 BR
-
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
$620
-4.8% $340 $1,700 172
2015
$650
+4.6% $350 $2,700 322
2016
$700
+7.1% $350 $1,900 280
2017
$695
-0.7% $350 $2,200 330
2018
$720
+3.5% $425 $1,850 297
2019
$750
+4.0% $350 $2,200 293
2020
$720
-4.2% $350 $2,500 325
2021
$710
-1.4% $150 $2,000 259
2022
$725
+2.1% $400 $2,500 256
2023
$780
+7.1% $470 $3,000 169
Median Rent Price
$780
per week
Based on 195 recorded rent within the last 12 months
Updated on 29 Nov 2023
Rent Price Growth
+7.7%
Current Median Rent: $780
Previous Median Rent: $720
Based on 441 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+2.4%
Current Median Price: $1,700,000
Current Median rent: $780
Based on 324 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Oct 2023)

Auction Results For Port Melbourne

Houses sold in Last 12 months ends 25 Nov 2023

$1.61M

Median Sale Price

64%

Clearance Rate

56/88

Sold/Reported

$3.21M

Highest Sale Price

Sold Price Range No. of Sold Properties
$3 M and more 1
$2 M - $3 M 4
$1.8 M - $2 M 5
$1.6 M - $1.8 M
(Median Price Range)
5
$1.4 M - $1.6 M 5
$1.2 M - $1.4 M 2
$1 M - $1.2 M 2
$800 K - $1 M 3
$600 K - $800 K 1

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