Port Melbourne, VIC 3207
Compare Part of Port Phillip
3.32 km
Distance from Melbourne 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 | |
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 |