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Investment Property Port Melbourne, VIC, 3207

Suburb Snapshot

Port Melbourne is a suburb in the Melbourne Region of Victoria. Port Melbourne has a population of 16,176 people and 38.18% of its occupants live in rental accommodation. The median listing price for houses is $1,500,000 and this has changed -6.25% over the past year and changed -7.70% over 2 years.

The median rent in Port Melbourne for houses is $820 per week and the median rental yield is 2.84%. Stock on the market for houses/townhouses has changed -8.62% compared to last year and the average time to sell a house/townhouse is 55 days.The median listing price for units is $700,000 and this has changed 0.00% over the past year. The average unit takes 88 days to sell and the median rent for a unit in Port Melbourne is $635 per week, producing a rental yield of 4.71%.

Supply & Demand in Port Melbourne, Melbourne

1.49%

Current vacancy rate


147

Rental stock available


16,176

Population


38.18%

Rental population


2.45%

Current vacancy rate


3,287

Rental stock available


135,965

Population


52.20%

Rental population


0.93%

Current vacancy rate


28,886

Rental stock available


5,926,624

Population


24.77%

Rental population


This is information is brought to you by realestateinvestar.com.au - The online home for property investors

Statistical data for Port Melbourne, Melbourne

  House Townhouses Units
Median listing price $1,500,000 $1,342,500 $700,000
Median price change - last quarter 1.69% 0.00% 0.68%
Median price change - 1 year -6.25% 3.26% 0.00%
Median price change - 2 years -7.70% -6.61% 7.69%
  House Townhouses Units
Median weekly rent $820 $950 $635
Median yield % 2.84% 3.67% 4.71%
Median rent change - 1 year 2.50% 0.00% 5.83%
  House Units
Previous month sales 10 17
Stock on market previous month 53 93
Stock variance vs. last year -8.62% 22.37%
Average days on market 55 88

Port Melbourne investment property listings

Showing 5 of 125 investment properties found in Port Melbourne on realestateinvestar.com.au

101/50 Dow St, Port Melbourne

$650,000

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Contemporary Coastal Living in the Heart of Port Melbourne

The phone enquiry code for this property is - 2767 Perfectly positioned within the iconic Zinc development, this beautifully appointed residence delivers an exceptional lifestyle just moments from the waterfront. Combining striking architecture with refined interiors, the home offers a seamless ...

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VIC 3207


157 Pickles St, Port Melbourne

$1,150,000

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Dual-Access Victorian in Port Melbourne's Cultural Heart

Comfortable, and brilliantly practical, this fully reimagined Victorian pairs heritage and elegance with style and simplicity, perfect for professionals and downsizers chasing the seaside verve Port Melbourne is famous for. Enjoying rear frontage to Cruikshank Street, remote-gate parking, and ...

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VIC 3207


1 Rosny St, Port Melbourne

$1,300,000

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Total Transformation, Steps from the Sand

Entirely reimagined from its 1940s origins into a light-filled designer retreat, this brand-new beachside home sits on a generous 332sqm (approx) landholding with rare off-street parking for three vehicles, positioning it firmly among the most compelling opportunities in the historic Fishermans ...

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House

VIC 3207


70 Ross St, Port Melbourne

$2,800,000

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Breathtaking Views, Uncompromising Finish

EXPRESSIONS OF INTEREST CLOSE TUESDAY 5TH MAY 3:00PM. Brand new and executed with precision by Progressio, this three-bedroom, three-and-a-half-bathroom residence delivers a new era of design to a prime Port Melbourne pocket, with city views from a rooftop built for entertaining, and the beach, ...

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VIC 3207


703/108 Bay St, Port Melbourne

$2,250,000

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Unparalleled city-to-horizon penthouse

High above Bay Street's celebrated dining and retail strip, this landmark penthouse commands one of Port Melbourne's largest private outdoor domains, capturing uninterrupted 280-degree views across the city skyline, Port Phillip Bay and the distant ranges. Its elevated position within the highly ...

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VIC 3207


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