Suburb Profile

Supply Demand History in Port Melbourne

MonthSupplyDemand
2015 Apr11011509
2015 May1009571
2015 Jun1118182
2015 Jul998746
2015 Aug9811151
2015 Sep1069513
2015 Oct1059017
2015 Nov1238603
2015 Dec905392
2016 Jan797693
2016 Feb11010009
2016 Mar857807
2016 Apr1069537

More Recent Sold in Port Melbourne

Address Sold Price
401/71 Rouse Street 2 $1,030,000
302/55-62 Beach Street 2 $1,700,000
42/2 Esplanade West 1 $637,000
5/109 Ross Street 2 $559,000
5/109 Ross Street 2 $559,000

More Recent Rent in Port Melbourne

Address Price/Week
202/50 Dow Street 2 $560
302/1 Danks Street 2 $530
13/6 Graham Street 1 $460
T02/159 Beach Street 2 $620
10/33 Johnston Street 2 $460

Rent Yield in Port Melbourne

BedsAverage PriceAverage RentAverage Rent Yield%Median PriceMedian RentMedian Rent Yield%Listings
ALL
1$488,774$4494.78%$465,000$4354.86%168
2$681,246$6324.82%$650,000$6004.80%343
3$1,533,810$8792.98%$1,495,000$7952.77%142
4$1,959,000$1,2363.28%$2,045,000$1,1752.99%23
House
1-$418--$418-2
2-$611--$540-22
3$1,561,000$8262.75%$1,600,000$8232.67%23
4$2,500,000$1,2252.55%$2,500,000$1,1752.44%5
Unit/apmt
1$505,214$4504.63%$515,000$4304.34%102
2$685,294$6524.95%$662,500$5954.67%124
3$1,808,800$9092.61%$1,825,000$9502.71%20
4-$1,267--$1,250-3
Apartment
1-$421--$400-5
2$722,500$5003.60%$722,500$5003.60%3
3$192,001$1,83349.64%$192,001$1,80048.75%5
Townhouse
2-$722--$720-5
3-$876--$710-8
Other
2-$587--$510-3
Unknown
1$475,235$4534.96%$440,000$4405.20%59
2$675,697$6194.76%$647,500$6004.82%186
3$1,602,794$8462.74%$1,495,000$7952.77%86
4$1,823,750$1,2313.51%$1,785,000$1,1003.20%15

Demographics of Port Melbourne

PopulationSizePort MelbourneMelbourne
All People104803366613
Country of OriginPort MelbourneMelbourne
Australian Born72%65%
Born Overseas - Top 5Port MelbourneMelbourne
United Kingdom6%5%
Greece4%2%
New Zealand2%1%
Italy1%2%
United States of America1%0%
Median household incomePort MelbourneMelbourne
Weekly income$1,997$1,333
Age StatisticsPort MelbourneMelbourne
20 to 3940%33%
40 to 5928%28%
60+16%17%
5 to 1912%14%
0 to 45%7%
Family Statistics - Top 5Port MelbourneMelbourne
Never Married41%33%
Married40%51%
Divorced10%7%
Widowed5%6%
Separated4%3%
Religion - Top 5Port MelbourneMelbourne
Catholic28%33%
No Religion23%19%
Anglican20%16%
Orthodox11%7%
Uniting Church4%5%
Occupation - Top 5Port MelbourneMelbourne
Professionals13%8%
Intermediate Clerical/Sales/Service7%7%
Associate Professional5%5%
Managers and Administrators5%4%
Tradespersons and Related Workers3%6%
Education - Top 5Port MelbourneMelbourne
Not Attending (Working)81%73%
University or other Tertiary Institution6%5%
Infants/Primary5%9%
Secondary Education4%7%
Technical or Further Education2%3%
Transport to Work - Top 5Port MelbourneMelbourne
Car (driver)25%28%
Ferry/tram4%1%
Car (passenger)3%3%
Walked3%1%
Bus Only2%1%
Type of Dwelling - Top 3Port MelbourneMelbourne
Semi/Terrace51%8%
Separate house24%74%
Flat18%14%
Nature of Occupancy - Top 3Port MelbourneMelbourne
Rented41%24%
Fully Owned33%43%
Purchasing18%27%
Monthly Loan Repayment - Top 5Port MelbourneMelbourne
$1,500+25%9%
$800-$99915%19%
$1,200-$1,39914%7%

Crime Rate of Port Phillip

Crime TypeRate of MELBOURNERate of VIC
Crime Against Property17,4934,607
Crime Against the Person3,456940
Drug Offences1,506311
Other Crime5,129875
Total27,5846,733
Note: Port Melbourne belongs to city Port Phillip. Crime rate means the number crimes per 100,000 population.

Based on Australian Bureau of Statistics data

Map And Street View

Please note that location of this property on map is approximate and street view images may not show the exact property advertised.

Port Melbourne, VIC 3207 (3.32 km to CBD)

Median House Price

$1,467,500

Median Unit Price

$735,000

Surrounding Suburbs

Closest Train Station

Southern Cross Station 2.47 km

Selected Demographics of Port Melbourne

  • 5335 Number of House
  • 12258 Number of Unit
  • 10480 Number of People
  • 38 Median Age
  • 2 Median Household Size
  • $450 Weekly Rent
  • $1,091 Weekly Individual Income
  • $2,616 Weekly Family Income
  • $1,995 Weekly Household Income
  • $1,480,000 Median Asking Price
  • $670 Median Rent
  • 0.02% Rent Yield
  • 137 Stock On Sale
  • 1.60% Vacancy Rate
  • 92 Average Supply
  • 8384 Average Demand
  • 91.13 Supply Demand Ratio

Schools in Port Melbourne

School NameSchool SectorSchool Type
Port Melbourne Primary SchoolGovernmentPrimary
Port Phillip Specialist School

Leading Agencies (Sale)

Hocking Stuart - (Albert Park) Pty Ltd 12%

Cayzer Real Estate - Albert Park 12%
Biggin & Scott - Port Melbourne 11%
Chisholm & Gamon Property Port Melbourne - Port Melbourne 7%
RT Edgar - Albert Park 6%
Frank Gordon - Port Melbourne 6%
Marshall White - Albert Park 5%
Buxton - Albert Park 5%
Greg Hocking Real Estate - Albert Park 4%
Hocking Stuart - Ballarat 2%

Leading Agents (Rent)

Agent NamePercentage
Cayzer Real Estate - Albert Park12%
Hocking Stuart - (Albert Park) Pty Ltd7%
Biggin & Scott - Port Melbourne7%
RT Edgar - Albert Park6%
Buxton - Albert Park5%
Carroll McKeddie - South Yarra5%
Frank Gordon - Port Melbourne5%
Barry Plant - Docklands4%
Maher & Co - Port Melbourne3%
Chisholm & Gamon - Elwood3%