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
16/97 Cruikshank St, Port melbourne 2 Townhouse (Res) Passed in Vendor Bid 19/10/2019 Cayzer
215/99 Dow St, Port melbourne 2 Apartment Passed in Vendor Bid 19/10/2019 Chisholm & Gamon
8/142 Clark St, Port melbourne 1 Apartment Sold After Auction 13/10/2019 Cayzer
802G/93 Dow St, Port melbourne 2 Apartment Sold Before Auction 01/10/2019 Cayzer
G13/70 Nott St, Port melbourne 2 Flat/Unit/Apartment (Res) Private Sale 23/09/2019 Greg Hocking Holdsworth
13 Griffin Cr, Port melbourne 4 House (Res) Auction Sale 19/10/2019 The Agency Albert Park
608/108 Bay St, Port melbourne 2 Apartment Sold Before Auction 18/10/2019 RT Edgar Albert Park
903/147 Beach St, Port melbourne 3 Flat/Unit/Apartment (Res) Expression of Interest 26/09/2019 Greg Hocking Holdsworth

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

Median Sale Price

$1.3mil

Metro Melbourne

$830k

Quarterly Price Change

-4%

Metro Melbourne

4.5%

Median Rent

$750

Metro Melbourne

$451

Rental Yield

2.7%

Metro Melbourne

2.9%

Detailed statistics below to be updated soon for the September 2019 quarter.

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate 76.5% 78.3%
Days on Market 42 33
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 September 2019 Quarter. Click here for details.

Median Sale Price

$755k

Metro Melbourne

$614k

Quarterly Price Change

0.8%

Metro Melbourne

3.9%

Median Rent

$580

Metro Melbourne

$430

Rental Yield

4%

Metro Melbourne

3.8%

Detailed statistics below to be updated soon for the September 2019 quarter.

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate 76.5% 78.3%
Days on Market 42 33
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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