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 24 Apr
Auction Time Agency
97 Esplanade East
3 2 2 House
11:30 AM
Sat 24th Apr
Simon Graf Real Estate
142 Heath Street
3 2 0 House
11:30 AM
Sat 24th Apr
Marshall White
501/77 Nott Street
2 2 2 Apartment
12:30 PM
Sat 24th Apr
Hocking Stuart
49 Australis Circuit
3 2 2 House
1:30 PM
Sat 24th Apr
Simon Graf Real Estate
35 The Crescent
3 2 1 House
2:30 PM
Sat 24th Apr
Cayzer Real Estate
Sat 1 May
Auction Time Agency
504/25 Pickles Street
2 1 1 Apartment
10:00 AM
Sat 1st May
Greg Hocking Real Estate
194 Clark Street
3 2 1 House
10:30 AM
Sat 1st May
The Agency
490 Williamstown Road
3 2 0 House
10:30 AM
Sat 1st May
Simon Graf Real Estate
122 Ingles Street
2 1 0 House
10:30 AM
Sat 1st May
Cayzer Real Estate
108 Graham Street
3 2 0 House
10:30 AM
Sat 1st May
Marshall White
501/25 Pickles Street
1 1 1 Apartment
10:30 AM
Sat 1st May
Greg Hocking Real Estate
4/1 Liardet Street
1 1 1 Apartment
11:00 AM
Sat 1st May
Buxton
100 Raglan Street
4 3 2 House
11:30 AM
Sat 1st May
Marshall White
69 Alfred Street
2 2 0 House
11:30 AM
Sat 1st May
Marshall White
69 Alfred Street
2 2 0 House
11:30 AM
Sat 1st May
Marshall White
15 Quinn Road
3 3 2 Townhouse
12:00 PM
Sat 1st May
Hocking Stuart
10/201 Graham Street
2 1 1 Townhouse
1:00 PM
Sat 1st May
Buxton
31 Derham Street
3 1 2 House
1:00 PM
Sat 1st May
Chisholm & Gamon Property Port Melbourne
311 Nott Street
2 2 0 House
1:30 PM
Sat 1st May
Greg Hocking Real Estate
3/200 Bay Street
1 1 1 Apartment
2:30 PM
Sat 1st May
Simon Graf Real Estate
Median Sale Price
House
$1.41M
Updated on Feb 2021
2 BR
$1.18M
3 BR
$1.48M
4 BR
$2.2M
Unit
$702K
Updated on Feb 2021
1 BR
$499K
2 BR
$730K
3 BR
$1.32M
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
$1,930,000
+24.5% $1,125,000 $3,600,000 60
Median Sale Price
$1.51M
Based on 138 recorded sales within the last 12 months
Updated on 18 Apr 2021
Suburb Growth
+2.9%
Current Median Price: $1,510,000
Previous Median Price: $1,466,000
Based on 274 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Mar 2021)
Price Range Segments (12 months ending Mar 2021)
Median Weekly Rent Price
House
$680
Updated on Mar 2021
2 BR
$575
3 BR
$795
4 BR
$1,150
Unit
$530
Updated on Mar 2021
1 BR
$400
2 BR
$550
3 BR
$770
4 BR
$870
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
$750
+6.7% $370 $2,000 79
Median Rent Price
$750
per week
Based on 293 recorded rent within the last 12 months
Updated on 18 Apr 2021
Rent Price Growth
0.0%
Current Median Rent: $750
Previous Median Rent: $750
Based on 605 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+2.6%
Current Median Price: $1,510,000
Current Median rent: $750
Based on 431 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Mar 2021)

Auction Results For Port Melbourne

Houses sold in Last 12 months ends 17 Apr 2021

$1.85M

Median Sale Price

82%

Clearance Rate

68/83

Sold/Reported

$3.6M

Highest Sale Price

Sold Price Range No. of Sold Properties
$3 M and more 1
$2 M - $3 M 14
$1.8 M - $2 M
(Median Price Range)
6
$1.6 M - $1.8 M 3
$1.4 M - $1.6 M 7
$1.2 M - $1.4 M 3
$1 M - $1.2 M 5
$800 K - $1 M 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