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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 173 investment properties found in Port Melbourne on realestateinvestar.com.au

1 Ellinis Mews, Port Melbourne

$2,680,000

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Elegant Beacon Cove Living in a Private Cul-de-Sac

Expressions of Interest Closing Wednesday 10th of June at 3:00pm unless sold prior. Tucked away in a quiet cul-de-sac in Beacon Cove, this meticulously renovated home combines style, craftsmanship and family functionality. A formal lounge with gas fireplace leads to a designer kitchen with Smeg ...

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VIC 3207


303/242 Rouse St, Port Melbourne

$895,000

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A Rare Bayside Opportunity With an Extraordinary Outdoor Terrace

Perfectly positioned between the beach and Bay Street's lively village, this impressive two-bedroom residence at 303/242 Rouse Street offers a standout lifestyle opportunity - headlined by the biggest balcony in the entire building. This extraordinary outdoor space elevates the home far beyond ...

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VIC 3207


112 Ingles St, Port Melbourne

$1,450,000

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A spacious Victorian in magical sunshine

A double fronted treasure of space, sunlight and character, this three bedroom single level Victorian on a sizeable 242m² approx combines classic charm with contemporary tones and the hallmarks of a next generation renovator. Retaining traditional tall ceilings, floorboards, timber fireplaces and ...

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VIC 3207


411/1 Danks Street West, Port Melbourne

$750,000

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Renewed class with tropical bay views

Love the bay views, balcony width and lifestyle brilliance of this refined two bedroom fourth floor security apartment. Hallmarked by its expansive balcony terrace where you can take in the blue bay over the tropical palms, this holiday style retreat features a stylish open plan living and dining ...

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VIC 3207


407/49 Beach St, Port Melbourne

$1,600,000

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A Waterfront Address That Breaks Convention

Expressions of Interest Close Tuesday 2nd June 5pm. Capturing a front-row position over Port Phillip Bay from the acclaimed waterfront Aquavita development, this luxurious three-bedroom town residence takes beachfront living in an entirely new direction. The architecture curves to the bay, whilst ...

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VIC 3207


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