Port Melbourne Suburb ProfileVictoria 3207
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Port Melbourne has 13,328 properties. Over the last 5 years, Houses in Port Melbourne have seen a 24.97% increase in median value, while Units have seen a 2.54% increase. As at 31 May 2024:
- The median value for Houses in Port Melbourne is $1,674,823 while the median value for Units is $798,563.
- Houses have a median rent of $800 while Units have a median rent of $650.
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.
Market Insights
Port Melbourne Trends for Houses
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Port Melbourne Trends for Units
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Neighbourhood Insights
Age
Population 16,168
0-9
10%
10-19
6%
20-29
12%
30-39
21%
40-49
17%
50-59
14%
60-69
11%
70-79
6%
80-89
2%
Household Structure
Occupancy
Recent Sales in PORT MELBOURNE 3207
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Properties for sale in PORT MELBOURNE 3207
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0Properties for rent in PORT MELBOURNE 3207
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0© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.
Last Updated: 06/07/2024
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