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
415/101 Bay St, Port melbourne 2 Apartment Passed in at Auction 14/07/2018 Home AU Real Estate
407/55 Beach St, Port melbourne 2 Apartment Auction Sale 14/07/2018 Buxton
202/1 Danks St.W, Port melbourne 2 Apartment Passed in at Auction 14/07/2018 RT Edgar Albert Park
5/190 Graham St, Port melbourne 2 Townhouse (Res) Auction Sale 14/07/2018 Marshall White & Co
17/3 Seisman Pl, Port melbourne 2 Apartment Passed in at Auction 14/07/2018 RT Edgar Albert Park
1003/127 Beach St, Port melbourne 2 Apartment Private Sale 05/07/2018 Marshall White & Co

Median data for June 2018 Quarter. Click here for details.

Median Sale Price

$1.44mil

Metro Melbourne

$840k

Quarterly Price Change

-26.2%

Metro Melbourne

-0.6%

Median Rent

$660

Metro Melbourne

$440

Rental Yield

2.2%

Metro Melbourne

2.8%

Detailed statistics below to be updated soon for the June 2018 quarter.

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate 47.8% 60.5%
Days on Market 35 35
Median price by Bedrooms Suburb Metro
2 Bedrooms $1,260,000 $900,000
3 Bedrooms $1,762,000 $740,000
4 Bedrooms $2,300,000 $865,000

Rental Data

Median rent by Bedrooms Suburb Metro
2 Bedrooms $602 $451
3 Bedrooms $838 $410
4 Bedrooms n/a $465

Median data for June 2018 Quarter. Click here for details.

Median Sale Price

$660k

Metro Melbourne

$604k

Quarterly Price Change

3.0%

Metro Melbourne

0.5%

Median Rent

$577

Metro Melbourne

$420

Rental Yield

4.2%

Metro Melbourne

3.7%

Detailed statistics below to be updated soon for the June 2018 quarter.

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate 47.8% 60.5%
Days on Market 35 35
Median price by Bedrooms Suburb Metro
1 Bedroom $536,444 $375,000
2 Bedrooms $761,250 $570,000
3 Bedrooms $1,585,000 $765,000

Rental Data

Median rent by Bedrooms Suburb Metro
1 Bedroom $436 $360
2 Bedrooms $600 $430
3 Bedrooms $850 $510

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