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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 -7.70% over the past year and changed -6.25% 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 8.82% compared to last year and the average time to sell a house/townhouse is 55 days.The median listing price for units is $735,000 and this has changed 5.00% over the past year. The average unit takes 82 days to sell and the median rent for a unit in Port Melbourne is $625 per week, producing a rental yield of 4.42%.

Supply & Demand in Port Melbourne, Melbourne

1.39%

Current vacancy rate


137

Rental stock available


16,176

Population


38.18%

Rental population


2.64%

Current vacancy rate


3,541

Rental stock available


135,965

Population


52.20%

Rental population


0.94%

Current vacancy rate


29,256

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 $1,300,000 $735,000
Median price change - last quarter 1.69% 0.00% 0.68%
Median price change - 1 year -7.70% 0.00% 5.00%
Median price change - 2 years -6.25% -7.15% 11.36%
  House Townhouses Units
Median weekly rent $820 $950 $625
Median yield % 2.84% 3.80% 4.42%
Median rent change - 1 year 3.14% 0.00% 4.16%
  House Units
Previous month sales 25 29
Stock on market previous month 74 105
Stock variance vs. last year 8.82% 23.53%
Average days on market 55 82

Port Melbourne investment property listings

Showing 2 of 2 investment properties found in Port Melbourne on realestateinvestar.com.au

1207/320 Plummer St, PORT MELBOURNE

$885,000

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Unit

VIC 3207


Residence 2/60 Stokes St, PORT MELBOURNE

$1,550,000

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VIC 3207


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