53 Bay StreetPort Melbourne VIC 3207
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Property Details for 53 Bay St, Port Melbourne
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About Port Melbourne 3207
The size of Port Melbourne is approximately 10.1 square kilometres. It has 34 parks covering nearly 11.2% of total area. The population of Port Melbourne in 2011 was 14,521 people. By 2016 the population was 16,168 showing a population growth of 11.3% in the area during that time. The predominant age group in Port Melbourne is 30-39 years. Households in Port Melbourne are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Port Melbourne work in a professional occupation. In 2011, 50.9% of the homes in Port Melbourne were owner-occupied compared with 50.5% in 2016.
Port Melbourne has 13,228 properties. Over the last 5 years, Houses in Port Melbourne have seen a 1.30% increase in median value, while Units have seen a 2.23% increase. As at 31 October 2024:
- The median value for Houses in Port Melbourne is $1,530,130 while the median value for Units is $843,205.
- Houses have a median rent of $825 while Units have a median rent of $690.
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