Port Melbourne, VIC 3207
Compare Part of Port Phillip
3.32 km
Distance from Melbourne 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 | |
Similar Suburbs to Port Melbourne 3207
Based on median house sale price sold in last 12 months
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 |