Market snapshot
Suburb insights for Portsea3944
Change suburbPortsea, approximately 110 km southeast of Melbourne's CBD, is one of Victoria’s most exclusive holiday destinations. Known for its luxury homes, clifftop views, and historic pier, Portsea attract retirees, seasonal residents, and tourists seeking high-end coastal living.
Sales data
Median sale price
$2.8mil
Annual price change
-26.8%
Metro Melbourne Comparison
$992k
4.9%
| Bedrooms | Portsea | Metro comparison |
|---|---|---|
| 2 | - | $950,000 |
| 3 | $2,095,000 | $863,000 |
| 4 | - | $980,500 |
| Insight | Portsea | Metro comparison |
|---|---|---|
| Clearance rate | 74.9% | |
| Days on market | 37 |
Rental data
Median weekly rent
$920
Rental yield
1.7%
Metro Melbourne Comparison
$580
3.1%
| Bedrooms | Portsea | Metro comparison |
|---|---|---|
| 2 | - | $595 |
| 3 | - | $550 |
| 4 | - | $595 |
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