Port Melbourne, VIC 3207
Compare Part of Port Phillip
3.32 km
Distance from Melbourne CBD
11 k
Population
Auction Times
Sat 23 Nov | Auction Time | Agency | |
|---|---|---|---|
 | 419 Nott Street 3 2 1 House | 10:30 AM Sat 23rd Nov | James Nicolaou Real Estate |
 | 43 Bridge Street 2 1 0 House | 10:30 AM Sat 23rd Nov | Greg Hocking Real Estate |
 | 153 Evans Street 2 1 1 House | 10:30 AM Sat 23rd Nov | Marshall White |
 | 3/272 Nott Street 3 2 3 Townhouse | 11:30 AM Sat 23rd Nov | Marshall White |
 | 38 Garton Street 2 1 2 House | 1:00 PM Sat 23rd Nov | Cayzer Real Estate |
 | 169 Clark Street 5 4 1 House | 1:30 PM Sat 23rd Nov | Marshall White |
 | 502/55 Bay Street 1 1 1 Apartment | 2:30 PM Sat 23rd Nov | Simon Graf Real Estate |
Thu 28 Nov | Auction Time | Agency | |
|---|---|---|---|
 | 201/40 Beach Street 1 1 1 Apartment | 6:00 PM Thu 28th Nov | RT Edgar |
Sat 30 Nov | Auction Time | Agency | |
|---|---|---|---|
 | 7/410-416 Bay Street 3 2 2 Apartment | 10:00 AM Sat 30th Nov | Ray White |
 | 40/4 Seisman Place 2 2 2 Apartment | 10:00 AM Sat 30th Nov | Chisholm & Gamon Property Port Melbourne |
 | 3/1 Graham Street 1 1 1 Apartment | 10:30 AM Sat 30th Nov | Buxton |
 | 14 Portview Square 3 2 1 House | 10:30 AM Sat 30th Nov | Marshall White |
 | 297 Ross Street 4 3 2 House | 11:00 AM Sat 30th Nov | Nick Johnstone Real Estate |
 | 13 Beaconsfield Parade 3 2 1 House | 11:30 AM Sat 30th Nov | Marshall White |
 | 5/2 Graham Street 3 2 2 Apartment | 12:00 PM Sat 30th Nov | Chisholm & Gamon Property Port Melbourne |
 | 149 Dow Street 3 1 1 House | 1:00 PM Sat 30th Nov | Frank Gordon |
 | 4 Hobsons Bay Parade 3 2 2 Townhouse | 1:30 PM Sat 30th Nov | Marshall White |
 | 1 Dairy Lane 4 2 2 House | 2:30 PM Sat 30th Nov | Marshall White |
 | 4/61 Derham Street 3 2 2 Townhouse | 2:30 PM Sat 30th Nov | Cayzer Real Estate |
Median Sale Price
House
-
Updated on Sep 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Sep 2024
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 | $1,775,000 | +6.9% | $720,000 | $4,775,000 | 128 |
| 2024 | $1,550,000 | -14.5% | $902,000 | $3,860,000 | 129 |
Median Sale Price
$1.57M
Based on 146 recorded sales within the last 12 months
Updated on 21 Nov 2024
Suburb Growth
-13.1%
Current Median Price: $1,565,000
Previous Median Price: $1,770,000
Based on 279 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Oct 2024)
Price Range Segments (12 months ending Oct 2024)
Median Weekly Rent Price
House
-
Updated on Sep 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Sep 2024
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 | $730 | -2.7% | $350 | $2,500 | 326 |
| 2021 | $710 | -2.8% | $150 | $2,000 | 259 |
| 2022 | $725 | +2.1% | $400 | $2,500 | 257 |
| 2023 | $815 | +11.0% | $470 | $3,000 | 201 |
| 2024 | $895 | +8.9% | $450 | $3,000 | 151 |
Median Rent Price
$895
per week
Based on 170 recorded rent within the last 12 months
Updated on 21 Nov 2024
Rent Price Growth
+11.2%
Current Median Rent: $895
Previous Median Rent: $795
Based on 381 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+3%
Current Median Price: $1,565,000
Current Median rent: $895
Based on 316 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Oct 2024)
Auction Results For Port Melbourne
Houses sold in Last 12 months ends 16 Nov 2024
$1.55M
Median Sale Price
50%
Clearance Rate
45/91
Sold/Reported
$2.1M
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $2 M - $3 M | 2 | |
| $1.8 M - $2 M | 1 | |
| $1.6 M - $1.8 M | 7 | |
| $1.4 M - $1.6 M (Median Price Range) | 8 | |
| $1.2 M - $1.4 M | 3 | |
| $1 M - $1.2 M | 2 | |
| $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 |