Suburb Overview
Port Melbourne – 3207
- 17,633Population
- 42Median Age
Suburb Performance Potential - 08/24 Quarter
- 0.89%Capital Growth
(Units)
- $1,465,000Median House Price
(Updated Aug 2024) - -8.55%Quarterly Price Change
- $765,000Median Unit Price
(Updated Aug 2024) - 1.53%Quarterly Price Change
Port Melbourne is located 4 km south-west of the CBD the area is bordered by the shores of Hobsons Bay and the lower reaches of the Yarra River Port Melbourne is one of the oldest suburbs in the City of Port Phillip. The Beacon Cove estate and redevelopment of some industrial sites have provided significant numbers of new dwellings in recent years and is largely responsible for the neighbourhood's large growth rate. The neighbourhoods are well served by the Bay Street shopping area and the Port Melbourne light rail line. Other notable physical features include the foreshore Port Melbourne Town Hall the Port Melbourne Industrial Estate North Port Oval and Station and Princes Piers.
Sales Snapshot for Port Melbourne – 3207
- 56.88%Auction Clearance Rate
Summary Date: 17 Nov 24 - 69.43%Auctioned Sale Method
(Last 12 months)
Summary Date: 17 Nov 24 - 28 daysMedian days on market
(Last 12 months)
From November 24 - 157Total Sales
From November 24
Median SalesFrom properties in proximity to Port Melbourne – 3207
- Docklands$2,410,000
- Albert Park$2,126,000
- South Melbourne$1,611,000
- Port Melbourne$1,552,000
- West Melbourne$1,399,500
- Newport$1,200,000
- Yarraville$1,150,000
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Listings for Port Melbourne – 3207
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