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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 4 of 4 investment properties found in Port Melbourne on realestateinvestar.com.au

173 Ross St, Port Melbourne

$2,000,000

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High-End Living with Skyline Views

Brand new and brilliantly executed, this architecturally striking residence is a beautiful collaboration between Grace Lewin Construction, Home by MM and Empire interiors and sets a new standard for inner-city contemporary living. A bold arched façade in white velvet-polished render makes an ...

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VIC 3207


190 Ross St, Port Melbourne

$2,000,000

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Free Standing Victorian on a Large Allotment

Commanding an imposing street presence, this double fronted freestanding Victorian residence's stylishly presented dimensions and outstanding 355sqm approx. Currently in neat and comfortable order, yet offers exciting scope to extend and renovate (STCA). Idyllically situated in a leafy street, ...

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House

VIC 3207


5/145 Beach St, Port Melbourne

$1,550,000

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Expressions of Interest Closes Monday 1st December

An Irreplaceable Waterfront Residence Occupying a spectacular half floor position directly opposite the sand, this rare penthouse captures the very essence of bayside living - expansive, light filled and truly irreplaceable. Wrapped in panoramic views across Port Phillip Bay, the apartment enjoys ...

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VIC 3207


G19/70 Nott St, Port Melbourne

$550,000

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Easy living in the very epicentre of Port Melbourne

Complete with its own street frontage and private entrance, this ground-floor apartment provides the perfect entry into one of Melbourne's most revered bayside neighbourhoods. Corner positioned for an abundance of natural light, the apartment's impeccable interior comprises two double bedrooms ...

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VIC 3207


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