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
405/115 Beach St, Port melbourne 2 Apartment Auction Sale 13/04/2019 Cayzer
46 Beacon Rd, Port melbourne 3 House (Res) Auction Sale 13/04/2019 Frank Gordon Port Melbourne
135 Clark St, Port melbourne 4 House Passed in Vendor Bid 13/04/2019 The Agency - Albert Park
312/1 Danks St, Port melbourne 2 Apartment Auction Sale 13/04/2019 Marshall White One
69 Heath St, Port melbourne 2 House (Res) Auction Sale 13/04/2019 Greg Hocking Holdsworth
30/39 Esplanade East , Port melbourne 3 Apartment Private Sale 12/04/2019 Chisholm & Gamon
412/54 Nott St, Port melbourne 2 Apartment Auction Sale 13/04/2019 Ray White Southbank
703E/126 Rouse St, Port melbourne 3 Apartment Passed in at Auction 13/04/2019 Buxton

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

Median Sale Price

$1.54mil

Metro Melbourne

$797k

Quarterly Price Change

25.7%

Metro Melbourne

-3.7%

Median Rent

$690

Metro Melbourne

$450

Rental Yield

2.4%

Metro Melbourne

2.8%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate 46.2% 45.1%
Days on Market 37 42
Median price by Bedrooms Suburb Metro
2 Bedrooms $1,242,500 $870,000
3 Bedrooms $1,678,000 $733,000
4 Bedrooms $2,342,500 $878,000

Rental Data

Median rent by Bedrooms Suburb Metro
2 Bedrooms $600 $490
3 Bedrooms $800 $420
4 Bedrooms $1,088 $480

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

Median Sale Price

$801k

Metro Melbourne

$589k

Quarterly Price Change

-5.8%

Metro Melbourne

-1.7%

Median Rent

$552

Metro Melbourne

$420

Rental Yield

4.1%

Metro Melbourne

3.7%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate 46.2% 45.1%
Days on Market 37 42
Median price by Bedrooms Suburb Metro
1 Bedroom $491,500 $370,000
2 Bedrooms $765,000 $571,000
3 Bedrooms $1,250,000 $765,000

Rental Data

Median rent by Bedrooms Suburb Metro
1 Bedroom $450 $370
2 Bedrooms $600 $440
3 Bedrooms $870 $521

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