Profile for Port Melbourne

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Port Melbourne is located 4 km south-west of the CBD. Bordered by the Yarra River and Hobson's Bay Port Melbourne is diverse inner suburb. It features Melbourne's dock terminals and the industrial area of Fishermans Bend which includes employers such as General Motors Holden Toyota Kraft and a number of aeronautical companies. The residential population is located in the southern parts of the suburb and includes the new Beacon Cove development. The suburb also features Westgate Park and RMIT University - Fishermans Bend Campus.

Recent Sales & Auction Results in Port Melbourne

Address Price Type Method Sale Date Agent
Property List
118 Princes St, Port melbourne 2 Apartment Passed in Vendor Bid 12/10/2019 Cayzer
21/334 Princess St, Port melbourne 2 Apartment Auction Sale 12/10/2019 RT Edgar Albert Park
510/232-242 Rouse St, Port melbourne 2 Apartment Auction Sale 12/10/2019 hockingstuart
289 The Boulevard , Port melbourne 3 House (Res) Passed in at Auction 12/10/2019 Frank Gordon Port Melbourne
8/142 Clark St, Port melbourne 1 Apartment Passed in Vendor Bid 12/10/2019 Cayzer
4/105 Beach St, Port melbourne 3 House (Res) Sold Before Auction 03/10/2019 Biggin & Scott
211/208 Albert St, Port melbourne 2 Apartment Private Sale 24/09/2019 Kay & Burton

Median data for June 2019 Quarter. Click here for details.

Median Sale Price

$1.3mil

Metro Melbourne

$785k

Quarterly Price Change

-16.5%

Metro Melbourne

-1.1%

Median Rent

$750

Metro Melbourne

$450

Rental Yield

2.7%

Metro Melbourne

2.9%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate 68% 76.7%
Days on Market 36.5 34
Median price by Bedrooms Suburb Metro
2 Bedrooms $1,080,000 $845,000
3 Bedrooms $1,637,500 $720,000
4 Bedrooms $2,325,000 $853,000

Rental Data

Median rent by Bedrooms Suburb Metro
2 Bedrooms $600 $500
3 Bedrooms $850 $430
4 Bedrooms $1,200 $480

Median data for June 2019 Quarter. Click here for details.

Median Sale Price

$750k

Metro Melbourne

$590k

Quarterly Price Change

4%

Metro Melbourne

0.6%

Median Rent

$570

Metro Melbourne

$430

Rental Yield

3.8%

Metro Melbourne

3.8%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate 68% 76.7%
Days on Market 36.5 34
Median price by Bedrooms Suburb Metro
1 Bedroom $526,250 $364,500
2 Bedrooms $823,750 $560,000
3 Bedrooms $1,299,500 $750,000

Rental Data

Median rent by Bedrooms Suburb Metro
1 Bedroom $450 $370
2 Bedrooms $600 $445
3 Bedrooms $900 $530

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