micromarkets

Port Melbourne, VIC 3207

Property data updated July 202617,633 residents

Last 12 months snapshot

492 sales · 887 leases · Refreshed July 2026

Port Melbourne property market

Unit rentals just edge ahead in Port Melbourne, with 539 leases (up 1.9%) at $690 a week (up 3%) as of July 2026, renting out in about 20 days (down from 21 days last year), more sought-after than most unit rental markets nationally, with more than half being 2-bedroom.

House rentals are nearly as big, with 348 leases (up 13.4%) at $985 a week (up 10.1%), renting out in about 21 days (up from 20 days last year), among Victoria's strongest house rent gains, with 3-bedroom making up about half. Rounding it out, 315 unit sales at around $714.5k (down 1.9%) and 177 house sales at around $1.55M.

House covers houses, duplexes, semi-detached and terraces; Unit covers apartments, units, townhouses and villas.

Census · ABS 2021

Port Melbourne demographics & population

Population

17,633

Median age

42yrs

Avg household

2.1people

Male · Female

48% · 52%

Owner-occupied

Renting

Lone person

Couples, no kids

Born overseas

Year 12+ⓘ

Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing and Socio-Economic Indexes for Areas (SEIFA) 2021 · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.

The full Port Melbourne report

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Census · ABS 2021

Who lives in Port Melbourne?

The age structure, household make-up, and cultural fabric of the people who call this suburb home.

Age & sex15,626 residentsMaleFemale

Share of all residents by 5-year band · hover a band for the count + split

Life stage

50%

Children0–1450%Youth15–2450%Young adults25–3450%Midlife35–5450%Mature55–6450%Seniors65+50%

Household composition

50%

Lone person50%Couples, no kids50%Families with kids50%Other families50%Group / share50%

1.6 people / household0.6 persons / bedroom50% are 5+ person

Household sizepersons per dwelling

50%1

50%2

50%3

50%4

50%5

50%6+

Cultural make-upshare of residents · diversity = odds two differ

Born overseas50%

Other language at home50%

Limited English50%

Both parents overseas50%

Australian citizens50%

Birthplace diversity47%

Chance two random residents were born in different countries

Language diversity33%

Chance two random residents speak different languages at home

Religious diversity37%

Chance two random residents follow different religions

Where residents were borntop birthplaces

Afghanistan50%

Australia50%

Bangladesh50%

Bosnia & Herzegovina50%

Brazil50%

Cambodia50%

Canada50%

Chile50%

Languages at hometop languages

English only50%

Afrikaans50%

Arabic50%

Australian Indigenous50%

Cantonese50%

Mandarin50%

Other Chinese50%

Croatian50%

Ancestry% reporting · multi-response

Australian50%

Aboriginal/Torres Strait Islander50%

Chinese50%

Croatian50%

Dutch50%

English50%

Faith & belieftap Christianity

No religion50%

Christianity50%

Islam50%

Buddhism50%

Hinduism50%

Judaism50%

Other religions50%

Family originsparents’ birthplace

50%

Both parents overseas50%One parent overseas50%Both parents in Australia50%

A strongly multicultural community with deep migrant heritage.

When migrants arrivedshare of overseas-born

Before 198150%

1981-200050%

2001-201050%

2011-201550%

2016-202150%

2020–21 understated — COVID border closures.

Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.

Census · ABS 2021

Housing & affordability in Port Melbourne

What it costs to live here, who owns versus rents, and the shape of the housing stock.

Affordability at a glance

LowMedianHighPercentile

Median weekly rentTop 23%

Median monthly mortgageTop 37%

Rent stress (rent ÷ income)Top 50%

Mortgage stress (repay ÷ income)Top 50%

High mortgage (≥$3k/mo)Top 50%

Social housingTop 50%

Unoccupied on census nightTop 50%

Large dwellings (4+ bed)Top 50%

This suburb Typical range (middle 50%) Median suburb

Bedrooms per dwellingshare of dwellings

50%0

50%1

50%2

50%3

50%4

50%5

50%6+

Who owns vs rentsoccupied dwellings

50%

Owned outright50%Mortgage50%Renting50%Other50%

What’s built heredwelling types

50%

House50%Townhouse50%Apartment50%Other50%

50% separate houses50% apartments50% high-rise

Census · ABS 2021

Income & employment in Port Melbourne

Incomes, employment, and the occupation mix of the people who live here.

Income & work at a glance

LowMedianHighPercentile

Median personal incomeTop 38%

Median family incomeTop 38%

Managers & professionalsTop 50%

High earners (≥$2k/wk)Top 50%

This suburb Typical range (middle 50%) Median suburb

Occupations

LowMedianHighPercentile

Managers & professionalsTop 50%

Clerical & adminTop 50%

Community & personal serviceTop 50%

Sales workersTop 50%

Technicians, trades & labourersTop 50%

Household incomeheight = share of households · weekly

Personal incomeheight = share of residents 15+ · weekly

Household and personal income sit close together — lots of single-earner or lone-person homes.

Labour forceemployment status · residents 15+

50%

Employed full-time50%Employed part-time50%Employed (away/other)50%Unemployed50%Not in labour force50%

LowMedianHighPercentile

Full-time workersTop 50%

Part-time workersTop 50%

Unemployment rateTop 50%

Not in labour forceTop 50%

Labour-force participationTop 50%

This suburb Typical range (middle 50%) Median suburb

Census · ABS 2021

Getting around Port Melbourne

How people get to work, and how car-dependent the suburb is — the clearest tell of inner-urban versus outer-suburban living.

Transport at a glance

LowMedianHighPercentile

Public transport to workTop 50%

Walked or cycled to workTop 50%

Worked from homeTop 50%

No motor vehicleTop 50%

Vehicles per dwellingBottom 14%

This suburb Typical range (middle 50%) Median suburb

Journey to workamong commuters · top modes

Car (driver)50%

Car (passenger)50%

Train50%

Bus50%

Tram/light rail50%

Ferry50%

Walked50%

Vehicles per dwellingshare of households

50%0

50%1

50%2

50%3

50%4+

Education · ACARA My School 2025

Schools in and around Port Melbourne

3 schools inside Port Melbourne, plus the closest options around it. Families can choose from 103 primary schools in Port Melbourne and its surrounds, and 49 high schools covering the secondary years. Distances are straight-line from the suburb centre and are not enrolment catchments — always confirm zones with the school.

Within Port Melbourne3schools in the suburb itself

Primary schools103within 5 km · nearest in suburb

Secondary schools49within 5 km · nearest in suburb

Median ICSEA rank50thenrolment-weighted

What is ICSEA Rank?

ICSEA is ACARA’s official measure of a school’s socio-educational advantage — based mainly on parents’ education and occupation, plus the school’s location and student mix.

Nearby within150 schools

Within Port Melbourne · 3Order by
1
Port Melbourne Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Within suburb
State Rank—English—Maths—Students258Multilingual50%ICSEA Rank50th
2
Port Melbourne Secondary CollegeGovernment · Secondary · Co-ed · Years 7-10 · Within suburb
State Rank—English—Maths—Students258Multilingual50%ICSEA Rank50th
3
Port Phillip Specialist SchoolGovernment · Special · Co-ed · Years U · Within suburb
State Rank—English—Maths—Students258Multilingual50%ICSEA Rank50th
Nearby · within 5 km · 147
4
MacRobertson Girls High SchoolGovernment · Secondary · Co-ed · Years 9-12 · Melbourne · 4.7 km
State RankTop 1%EnglishMathsStudents258Multilingual50%ICSEA Rank50th
5
Melbourne High SchoolGovernment · Secondary · Co-ed · Years 9-12 · South Yarra · 4.7 km
State RankTop 1%EnglishMathsStudents258Multilingual50%ICSEA Rank50th
6
South Melbourne Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Southbank · 4.7 km
State RankTop 1%EnglishMathsStudents258Multilingual50%ICSEA Rank50th
7
Albert Park CollegeGovernment · Secondary · Co-ed · Years 7-12 · Albert Park · 4.7 km
State RankTop 50%EnglishMathsStudents258Multilingual50%ICSEA Rank50th
8
Victorian College Of The Arts Secondary SchoolGovernment · Secondary · Co-ed · Years 7-12 · Southbank · 4.7 km
State RankTop 50%EnglishMathsStudents258Multilingual50%ICSEA Rank50th
9
Williamstown High SchoolGovernment · Secondary · Co-ed · Years 7-12 · Williamstown · 4.7 km
State RankTop 50%EnglishMathsStudents258Multilingual50%ICSEA Rank50th
10
Melbourne Grammar SchoolIndependent · Combined · Co-ed · Years Prep-12 · Melbourne · 4.7 km
State RankP Top 50%S Top 50%EnglishP S MathsP S Students258Multilingual50%ICSEA Rank50th
11
St Aloysius CollegeCatholic · Secondary · Co-ed · Years 7-12 · North Melbourne · 4.7 km
State RankTop 50%EnglishMathsStudents258Multilingual50%ICSEA Rank50th
12
University High SchoolGovernment · Secondary · Co-ed · Years 7-12 · Parkville · 4.7 km
State RankTop 50%EnglishMathsStudents258Multilingual50%ICSEA Rank50th
13
Wesley CollegeIndependent · Combined · Co-ed · Years Prep-12 · Melbourne · 4.7 km
State RankP Top 50%S Top 50%EnglishP S MathsP S Students258Multilingual50%ICSEA Rank50th
14
Melbourne Girls GrammarIndependent · Combined · Co-ed · Years Prep-12 · South Yarra · 4.7 km
State RankP Top 50%S Top 50%EnglishP S MathsP S Students258Multilingual50%ICSEA Rank50th
15
St Michael's Grammar SchoolIndependent · Combined · Co-ed · Years Prep-12 · St Kilda · 4.7 km
State RankP Top 50%S Top 50%EnglishP S MathsP S Students258Multilingual50%ICSEA Rank50th
16
Yesodei HaTorah CollegeIndependent · Combined · Co-ed · Years Prep-12 · Elwood · 4.7 km
State RankTop 50%EnglishMathsStudents258Multilingual50%ICSEA Rank50th
17
Princes Hill Secondary CollegeGovernment · Secondary · Co-ed · Years 7-12 · Princes Hill · 4.7 km
State RankTop 50%EnglishMathsStudents258Multilingual50%ICSEA Rank50th
18
Maribyrnong CollegeGovernment · Secondary · Co-ed · Years 7-12 · Maribyrnong · 4.7 km
State RankTop 50%EnglishMathsStudents258Multilingual50%ICSEA Rank50th
19
Melbourne Girls CollegeGovernment · Secondary · Co-ed · Years 7-12 · Richmond · 4.7 km
State RankTop 50%EnglishMathsStudents258Multilingual50%ICSEA Rank50th
20
Loreto Mandeville HallCatholic · Combined · Co-ed · Years Prep-12 · Toorak · 4.7 km
State RankP Top 50%S Top 50%EnglishP S MathsP S Students258Multilingual50%ICSEA Rank50th
21
Caroline Chisholm Catholic CollegeCatholic · Secondary · Co-ed · Years 7-12 · Braybrook · 4.7 km
State RankTop 50%EnglishMathsStudents258Multilingual50%ICSEA Rank50th
22
Lowther Hall Anglican Grammar SchoolIndependent · Combined · Co-ed · Years Prep-12 · Essendon · 4.7 km
State RankP Top 50%S Top 50%EnglishP S MathsP S Students258Multilingual50%ICSEA Rank50th
23
Caulfield Grammar SchoolIndependent · Combined · Co-ed · Years Prep-12 · St Kilda East · 4.7 km
State RankP Top 50%S Top 50%EnglishP S MathsP S Students258Multilingual50%ICSEA Rank50th
24
St Catherine's SchoolIndependent · Combined · Co-ed · Years Prep-12 · Toorak · 4.7 km
State RankP Top 50%S Top 50%EnglishP S MathsP S Students258Multilingual50%ICSEA Rank50th
25
St Columba's CollegeCatholic · Secondary · Co-ed · Years 7-12 · Essendon · 4.7 km
State RankTop 50%EnglishMathsStudents258Multilingual50%ICSEA Rank50th
26
Albert Park Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Albert Park · 4.7 km
State RankTop 50%EnglishMathsStudents258Multilingual50%ICSEA Rank50th
27
Williamstown North Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Williamstown · 4.7 km
State RankTop 50%EnglishMathsStudents258Multilingual50%ICSEA Rank50th
28
Spotswood Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Spotswood · 4.7 km
State RankTop 50%EnglishMathsStudents258Multilingual50%ICSEA Rank50th
29
St Mary's SchoolCatholic · Primary · Co-ed · Years Prep-6 · Williamstown · 4.7 km
State RankTop 50%EnglishMathsStudents258Multilingual50%ICSEA Rank50th
30
Sacred Heart SchoolCatholic · Primary · Co-ed · Years Prep-6 · Newport · 4.7 km
State RankTop 50%EnglishMathsStudents258Multilingual50%ICSEA Rank50th
31
Williamstown Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Williamstown · 4.7 km
State RankTop 50%EnglishMathsStudents258Multilingual50%ICSEA Rank50th
32
Footscray City Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Footscray · 4.7 km
State RankTop 50%EnglishMathsStudents258Multilingual50%ICSEA Rank50th
33
Newport Lakes Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Newport · 4.7 km
State RankTop 50%EnglishMathsStudents258Multilingual50%ICSEA Rank50th
34
Yarraville West Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Yarraville · 4.7 km
State RankTop 50%EnglishMathsStudents258Multilingual50%ICSEA Rank50th
35
Wembley Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Yarraville · 4.7 km
State RankTop 50%EnglishMathsStudents258Multilingual50%ICSEA Rank50th
36
North Melbourne Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · North Melbourne · 4.7 km
State RankTop 50%EnglishMathsStudents258Multilingual50%ICSEA Rank50th
37
Kingsville Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Yarraville · 4.7 km
State RankTop 50%EnglishMathsStudents258Multilingual50%ICSEA Rank50th
38
Newport Gardens Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Newport · 4.7 km
State RankTop 50%EnglishMathsStudents258Multilingual50%ICSEA Rank50th
39
Christ Church Grammar SchoolIndependent · Primary · Co-ed · Years Prep-6 · South Yarra · 4.7 km
State RankTop 50%EnglishMathsStudents258Multilingual50%ICSEA Rank50th
40
South Yarra Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · South Yarra · 4.7 km
State RankTop 50%EnglishMathsStudents258Multilingual50%ICSEA Rank50th
41
Footscray West Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · West Footscray · 4.7 km
State RankTop 50%EnglishMathsStudents258Multilingual50%ICSEA Rank50th
42
St Leo the Great Primary SchoolCatholic · Primary · Co-ed · Years Prep-6 · Altona North · 4.7 km
State RankTop 50%EnglishMathsStudents258Multilingual50%ICSEA Rank50th
43
Carlton North Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Carlton North · 4.7 km
State RankTop 50%EnglishMathsStudents258Multilingual50%ICSEA Rank50th
44
Cheder Levi Yitzchok IncIndependent · Combined · Co-ed · Years Prep-10 · St Kilda · 4.7 km
State RankTop 50%EnglishMathsStudents258Multilingual50%ICSEA Rank50th
45
Annunciation SchoolCatholic · Primary · Co-ed · Years Prep-6 · Brooklyn · 4.7 km
State RankTop 50%EnglishMathsStudents258Multilingual50%ICSEA Rank50th
46
Ascot Vale Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Ascot Vale · 4.7 km
State RankTop 50%EnglishMathsStudents258Multilingual50%ICSEA Rank50th
47
St Mary's SchoolCatholic · Primary · Co-ed · Years Prep-6 · Ascot Vale · 4.7 km
State RankTop 50%EnglishMathsStudents258Multilingual50%ICSEA Rank50th
48
Fitzroy Community SchoolIndependent · Primary · Co-ed · Years Prep-6 · Fitzroy North · 4.7 km
State RankTop 50%EnglishMathsStudents258Multilingual50%ICSEA Rank50th
49
Abbotsford Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Abbotsford · 4.7 km
State RankTop 50%EnglishMathsStudents258Multilingual50%ICSEA Rank50th
50
Clifton Hill Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Clifton Hill · 4.7 km
State RankTop 50%EnglishMathsStudents258Multilingual50%ICSEA Rank50th
51
Brunswick South Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Brunswick East · 4.7 km
State RankTop 50%EnglishMathsStudents258Multilingual50%ICSEA Rank50th
52
Yarra Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Richmond · 4.7 km
State RankTop 50%EnglishMathsStudents258Multilingual50%ICSEA Rank50th
53
The King David SchoolIndependent · Combined · Co-ed · Years Prep-12 · Armadale · 4.7 km
State RankTop 50%EnglishMathsStudents258Multilingual50%ICSEA Rank50th
54
St Margaret's Primary SchoolCatholic · Primary · Co-ed · Years Prep-6 · Maribyrnong · 4.7 km
State RankTop 50%EnglishMathsStudents258Multilingual50%ICSEA Rank50th
55
Our Lady Help of Christians SchoolCatholic · Primary · Co-ed · Years Prep-6 · Brunswick East · 4.7 km
State RankTop 50%EnglishMathsStudents258Multilingual50%ICSEA Rank50th
56
Sholem Aleichem CollegeIndependent · Primary · Co-ed · Years Prep-6 · Elsternwick · 4.7 km
State RankTop 50%EnglishMathsStudents258Multilingual50%ICSEA Rank50th
57
Merri Creek Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Fitzroy North · 4.7 km
State RankTop 50%EnglishMathsStudents258Multilingual50%ICSEA Rank50th
58
St Joseph's SchoolCatholic · Primary · Co-ed · Years Prep-6 · Elsternwick · 4.7 km
State RankTop 50%EnglishMathsStudents258Multilingual50%ICSEA Rank50th
59
Montague SchoolGovernment · Special · Co-ed · Years U · South Melbourne · 4.7 km
State Rank—English—Maths—Students258Multilingual50%ICSEA Rank50th
60
Galilee Regional Catholic Primary SchoolCatholic · Primary · Co-ed · Years Prep-6 · South Melbourne · 4.7 km
State Rank—English—Maths—Students258Multilingual50%ICSEA Rank50th
61
Docklands Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Docklands · 4.7 km
State Rank—English—Maths—Students258Multilingual50%ICSEA Rank50th
62
Middle Park Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Middle Park · 4.7 km
State Rank—English—Maths—Students258Multilingual50%ICSEA Rank50th
63
South Melbourne Park Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Albert Park · 4.7 km
State Rank—English—Maths—Students258Multilingual50%ICSEA Rank50th
64
Newmark PrimaryIndependent · Primary · Co-ed · Years Prep-6 · Williamstown · 4.7 km
State Rank—English—Maths—Students258Multilingual50%ICSEA Rank50th
65
St Augustine's SchoolCatholic · Primary · Co-ed · Years Prep-6 · Yarraville · 4.7 km
State Rank—English—Maths—Students258Multilingual50%ICSEA Rank50th
66
Youth2Industry CollegeIndependent · Secondary · Co-ed · Years 11-12 · South Melbourne · 4.7 km
State Rank—English—Maths—Students258Multilingual50%ICSEA Rank50th
67
Yarraville Special Developmental SchoolGovernment · Special · Co-ed · Years U · Yarraville · 4.7 km
State Rank—English—Maths—Students258Multilingual50%ICSEA Rank50th
68
St Margaret Mary's SchoolCatholic · Primary · Co-ed · Years Prep-6 · Spotswood · 4.7 km
State Rank—English—Maths—Students258Multilingual50%ICSEA Rank50th
69
St Monica's SchoolCatholic · Primary · Co-ed · Years Prep-6 · Footscray · 4.7 km
State Rank—English—Maths—Students258Multilingual50%ICSEA Rank50th
70
Bayside P-12 CollegeGovernment · Combined · Co-ed · Years Prep-12 · Williamstown · 4.7 km
State Rank—English—Maths—Students258Multilingual50%ICSEA Rank50th
71
Simonds Catholic CollegeCatholic · Secondary · Co-ed · Years 7-12 · West Melbourne · 4.7 km
State Rank—English—Maths—Students258Multilingual50%ICSEA Rank50th
72
River Nile SchoolIndependent · Special · Co-ed · Years 11-12 · North Melbourne · 4.7 km
State Rank—English—Maths—Students258Multilingual50%ICSEA Rank50th
73
Holy Rosary SchoolCatholic · Primary · Co-ed · Years Prep-6 · Kensington · 4.7 km
State Rank—English—Maths—Students258Multilingual50%ICSEA Rank50th
74
Saints CollegeCatholic · Special · Co-ed · Years 7-12 · North Melbourne · 4.7 km
State Rank—English—Maths—Students258Multilingual50%ICSEA Rank50th
75
Kensington Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Kensington · 4.7 km
State Rank—English—Maths—Students258Multilingual50%ICSEA Rank50th
76
Ozford CollegeIndependent · Secondary · Co-ed · Years 10-12 · Melbourne · 4.7 km
State Rank—English—Maths—Students258Multilingual50%ICSEA Rank50th
77
Footscray Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Footscray · 4.7 km
State Rank—English—Maths—Students258Multilingual50%ICSEA Rank50th
78
Hester Hornbrook AcademyIndependent · Special · Co-ed · Years 10-12 · Melbourne · 4.7 km
State Rank—English—Maths—Students258Multilingual50%ICSEA Rank50th
79
St Michael's Primary SchoolCatholic · Primary · Co-ed · Years Prep-6 · North Melbourne · 4.7 km
State Rank—English—Maths—Students258Multilingual50%ICSEA Rank50th
80
Kensington Community High SchoolGovernment · Secondary · Co-ed · Years 7-12 · Kensington · 4.7 km
State Rank—English—Maths—Students258Multilingual50%ICSEA Rank50th
81
Corpus Christi SchoolCatholic · Primary · Co-ed · Years Prep-6 · Kingsville · 4.7 km
State Rank—English—Maths—Students258Multilingual50%ICSEA Rank50th
82
Australian Islamic Centre CollegeIndependent · Primary · Co-ed · Years Prep-6 · Newport · 4.7 km
State Rank—English—Maths—Students258Multilingual50%ICSEA Rank50th
83
Victorian College For The DeafGovernment · Special · Co-ed · Years U · Melbourne · 4.7 km
State Rank—English—Maths—Students258Multilingual50%ICSEA Rank50th
84
St Kilda Park Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · St Kilda · 4.7 km
State Rank—English—Maths—Students258Multilingual50%ICSEA Rank50th
85
St John's SchoolCatholic · Primary · Co-ed · Years Prep-6 · Footscray · 4.7 km
State Rank—English—Maths—Students258Multilingual50%ICSEA Rank50th
86
Carlton Gardens Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Carlton · 4.7 km
State Rank—English—Maths—Students258Multilingual50%ICSEA Rank50th
87
Footscray High SchoolGovernment · Secondary · Co-ed · Years 7-12 · Footscray · 4.7 km
State Rank—English—Maths—Students258Multilingual50%ICSEA Rank50th
88
Debney Meadows Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Flemington · 4.7 km
State Rank—English—Maths—Students258Multilingual50%ICSEA Rank50th
89
Academy of Mary ImmaculateCatholic · Secondary · Co-ed · Years 7-12 · Fitzroy · 4.7 km
State Rank—English—Maths—Students258Multilingual50%ICSEA Rank50th
90
St Brendan's SchoolCatholic · Primary · Co-ed · Years Prep-6 · Flemington · 4.7 km
State Rank—English—Maths—Students258Multilingual50%ICSEA Rank50th
91
OakTree CollegeIndependent · Secondary · Co-ed · Years 11-12 · West Footscray · 4.7 km
State Rank—English—Maths—Students258Multilingual50%ICSEA Rank50th
92
Carlton Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Carlton · 4.7 km
State Rank—English—Maths—Students258Multilingual50%ICSEA Rank50th
93
Mount Alexander 7-12 CollegeGovernment · Secondary · Co-ed · Years 7-12 · Flemington · 4.7 km
State Rank—English—Maths—Students258Multilingual50%ICSEA Rank50th
94
Flemington Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Flemington · 4.7 km
State Rank—English—Maths—Students258Multilingual50%ICSEA Rank50th
95
Sacred Heart SchoolCatholic · Primary · Co-ed · Years Prep-6 · Fitzroy · 4.7 km
State Rank—English—Maths—Students258Multilingual50%ICSEA Rank50th
96
Ascot Vale West Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Ascot Vale · 4.7 km
State Rank—English—Maths—Students258Multilingual50%ICSEA Rank50th
97
Prahran High SchoolGovernment · Secondary · Co-ed · Years 7-12 · Windsor · 4.7 km
State Rank—English—Maths—Students258Multilingual50%ICSEA Rank50th
98
Collingwood English Language SchoolGovernment · Special · Co-ed · Years Prep-12 · Collingwood · 4.7 km
State Rank—English—Maths—Students258Multilingual50%ICSEA Rank50th
99
Footscray North Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Footscray · 4.7 km
State Rank—English—Maths—Students258Multilingual50%ICSEA Rank50th
100
Centre for Higher Education StudiesGovernment · Secondary · Co-ed · Years 10-12 · South Yarra · 4.7 km
State Rank—English—Maths—Students258Multilingual50%ICSEA Rank50th
101
Altona North Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Altona North · 4.7 km
State Rank—English—Maths—Students258Multilingual50%ICSEA Rank50th
102
Fitzroy Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Fitzroy · 4.7 km
State Rank—English—Maths—Students258Multilingual50%ICSEA Rank50th
103
Ascot Vale Heights SchoolGovernment · Special · Co-ed · Years U · Ascot Vale · 4.7 km
State Rank—English—Maths—Students258Multilingual50%ICSEA Rank50th
104
KamarukaIndependent · Special · Co-ed · Years 2-10 · South Yarra · 4.7 km
State Rank—English—Maths—Students258Multilingual1%ICSEA Rank50th
105
Melbourne Indigenous Transition SchoolIndependent · Special · Co-ed · Years 7-8 · Richmond · 4.7 km
State Rank—English—Maths—Students258Multilingual50%ICSEA Rank50th
106
St Joseph's SchoolCatholic · Primary · Co-ed · Years Prep-6 · Collingwood · 4.7 km
State Rank—English—Maths—Students258Multilingual50%ICSEA Rank50th
107
Richmond Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Richmond · 4.7 km
State Rank—English—Maths—Students258Multilingual50%ICSEA Rank50th
108
St Kilda Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · St Kilda · 4.7 km
State Rank—English—Maths—Students258Multilingual50%ICSEA Rank50th
109
Windsor Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Windsor · 4.7 km
State Rank—English—Maths—Students258Multilingual50%ICSEA Rank50th
110
Richmond West Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Richmond · 4.7 km
State Rank—English—Maths—Students258Multilingual50%ICSEA Rank50th
111
Collingwood CollegeGovernment · Combined · Co-ed · Years Prep-12 · Collingwood · 4.7 km
State Rank—English—Maths—Students258Multilingual50%ICSEA Rank50th
112
St Mary's College MelbourneCatholic · Secondary · Co-ed · Years 7-12 · St Kilda East · 4.7 km
State Rank—English—Maths—Students258Multilingual50%ICSEA Rank50th
113
St Mary's SchoolCatholic · Primary · Co-ed · Years Prep-6 · St Kilda East · 4.7 km
State Rank—English—Maths—Students258Multilingual50%ICSEA Rank50th
114
Emmanuel CollegeCatholic · Secondary · Co-ed · Years 7-12 · Altona North · 4.7 km
State Rank—English—Maths—Students258Multilingual50%ICSEA Rank50th
115
Princes Hill Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Carlton North · 4.7 km
State Rank—English—Maths—Students258Multilingual50%ICSEA Rank50th
116
Bindjiroo Yaluk Community SchoolGovernment · Secondary · Co-ed · Years 7-12 · Richmond · 4.7 km
State Rank—English—Maths—Students258Multilingual50%ICSEA Rank50th
117
Richmond High SchoolGovernment · Secondary · Co-ed · Years 7-12 · Richmond · 4.7 km
State Rank—English—Maths—Students258Multilingual50%ICSEA Rank50th
118
St Columba's SchoolCatholic · Primary · Co-ed · Years Prep-6 · Elwood · 4.7 km
State Rank—English—Maths—Students258Multilingual50%ICSEA Rank50th
119
Brunswick South West Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Brunswick West · 4.7 km
State Rank—English—Maths—Students258Multilingual50%ICSEA Rank50th
120
Elwood CollegeGovernment · Secondary · Co-ed · Years 7-12 · Elwood · 4.7 km
State Rank—English—Maths—Students258Multilingual50%ICSEA Rank50th
121
Moonee Ponds West Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Moonee Ponds · 4.7 km
State Rank—English—Maths—Students258Multilingual50%ICSEA Rank50th
122
Christ the King Primary SchoolCatholic · Primary · Co-ed · Years Prep-6 · Braybrook · 4.7 km
State Rank—English—Maths—Students258Multilingual50%ICSEA Rank50th
123
Dinjerra Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Braybrook · 4.7 km
State Rank—English—Maths—Students258Multilingual50%ICSEA Rank50th
124
Yeshivah CollegeIndependent · Combined · Co-ed · Years Prep-12 · St Kilda East · 4.7 km
State Rank—English—Maths—Students258Multilingual50%ICSEA Rank50th
125
Elwood Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Elwood · 4.7 km
State Rank—English—Maths—Students258Multilingual50%ICSEA Rank50th
126
Toorak Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Toorak · 4.7 km
State Rank—English—Maths—Students258Multilingual50%ICSEA Rank50th
127
Fitzroy North Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Fitzroy North · 4.7 km
State Rank—English—Maths—Students258Multilingual50%ICSEA Rank50th
128
Brunswick Secondary CollegeGovernment · Secondary · Co-ed · Years 7-12 · Brunswick · 4.7 km
State Rank—English—Maths—Students258Multilingual50%ICSEA Rank50th
129
Trinity Catholic SchoolCatholic · Primary · Co-ed · Years Prep-6 · Richmond · 4.7 km
State Rank—English—Maths—Students258Multilingual50%ICSEA Rank50th
130
Our Lady of Lourdes SchoolCatholic · Primary · Co-ed · Years Prep-6 · Prahran · 4.7 km
State Rank—English—Maths—Students258Multilingual50%ICSEA Rank50th
131
Western English Language SchoolGovernment · Special · Co-ed · Years Prep-10 · Braybrook · 4.7 km
State Rank—English—Maths—Students258Multilingual50%ICSEA Rank50th
132
Sydney Road Community SchoolGovernment · Secondary · Co-ed · Years 7-12 · Brunswick · 4.7 km
State Rank—English—Maths—Students258Multilingual50%ICSEA Rank50th
133
Beth Rivkah Ladies CollegeIndependent · Combined · Co-ed · Years Prep-12 · St Kilda East · 4.7 km
State Rank—English—Maths—Students258Multilingual50%ICSEA Rank50th
134
Fitzroy High SchoolGovernment · Secondary · Co-ed · Years 7-12 · Fitzroy North · 4.7 km
State Rank—English—Maths—Students258Multilingual50%ICSEA Rank50th
135
Sophia Mundi Steiner SchoolIndependent · Combined · Co-ed · Years Prep-12 · Abbotsford · 4.7 km
State Rank—English—Maths—Students258Multilingual50%ICSEA Rank50th
136
Seaholme Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Seaholme · 4.7 km
State Rank—English—Maths—Students258Multilingual50%ICSEA Rank50th
137
Moonee Ponds Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Moonee Ponds · 4.7 km
State Rank—English—Maths—Students258Multilingual50%ICSEA Rank50th
138
Deutsche Schule MelbourneIndependent · Primary · Co-ed · Years Prep-6 · Fitzroy North · 4.7 km
State Rank—English—Maths—Students258Multilingual50%ICSEA Rank50th
139
Brunswick North Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Brunswick West · 4.7 km
State Rank—English—Maths—Students258Multilingual50%ICSEA Rank50th
140
St Joseph's SchoolCatholic · Primary · Co-ed · Years Prep-6 · Brunswick West · 4.7 km
State Rank—English—Maths—Students258Multilingual50%ICSEA Rank50th
141
Ripponlea Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · St Kilda East · 4.7 km
State Rank—English—Maths—Students258Multilingual50%ICSEA Rank50th
142
St Monica's Primary SchoolCatholic · Primary · Co-ed · Years Prep-6 · Moonee Ponds · 4.7 km
State Rank—English—Maths—Students258Multilingual50%ICSEA Rank50th
143
Hawthorn West Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Hawthorn · 4.7 km
State Rank—English—Maths—Students258Multilingual50%ICSEA Rank50th
144
Armadale Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Armadale · 4.7 km
State Rank—English—Maths—Students258Multilingual50%ICSEA Rank50th
145
Rosamond SchoolGovernment · Special · Co-ed · Years U · Braybrook · 4.7 km
State Rank—English—Maths—Students258Multilingual50%ICSEA Rank50th
146
Sunshine Harvester Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Sunshine · 4.7 km
State Rank—English—Maths—Students258Multilingual50%ICSEA Rank50th
147
Travancore SchoolGovernment · Special · Travancore · 4.7 km
State Rank—English—Maths—Students—Multilingual—ICSEA Rank—
148
Parkville CollegeGovernment · Special · Parkville · 4.7 km
State Rank—English—Maths—Students—Multilingual—ICSEA Rank—
149
Victorian School Of LanguagesGovernment · Combined · Collingwood · 4.7 km
State Rank—English—Maths—Students—Multilingual—ICSEA Rank—
150
Ignatius Learning CentreCatholic · Secondary · Co-ed · Years 11-12 · Richmond · 4.7 km
State Rank—English—Maths—Students258Multilingual50%ICSEA Rank—

Why are some State Rank and star ratings blank? Schools can choose not to publish their results. In practice, schools that score well above their state average almost always publish theirs — so a blank rating more often reflects a school opting out than a top result being hidden. Academic results also tend to rise with ICSEA Rank, so higher-ICSEA schools more often carry a strong State Rank as well.

School profile and ICSEA data sourced from ACARA — © Australian Curriculum, Assessment and Reporting Authority (data year 2025) · State Rank & star columns are Micromarkets-compiled academic ratings from publicly available school results · Distances are straight-line from the suburb centre, not catchments.

Census · ABS 2021

Turnover

How settled or transient the community is — and where newcomers came from.

Settledness at a glance

LowMedianHighPercentile

Settled 5+ yearsTop 50%

Moved in past yearTop 50%

Arrived from overseas (5 yr)Top 50%

This suburb Typical range (middle 50%) Median suburb

Where residents lived 5 years agoof those who stated

50%

Same address50%Moved within area50%From elsewhere in Australia50%From overseas50%

Residential paceshare of residents

Moved in the past year50%

Moved in the past 5 years50%

Arrived from overseas (5 yr)50%

Property market

Market snapshot

Port Melbourne median house price & rent

Headline price, rent, yield and time on market for Port Melbourne — choose a property type and size below.

Active segment

Houses

Units

Median priceⓘLast 12 months

1.01M

↑ +0.5% YoY

Days on marketⓘLast 12 months

↓ 3 days YoY

SoldⓘLast 12 months

↑ +50.0% YoY

Months of supplyⓘLast 12 months

1.1mo

Median rentⓘLast 12 months

$615/w

↑ +50.0% YoY

Days to leaseⓘLast 12 months

flat YoY

LeasedⓘLast 12 months

141

↑ +50.0% YoY

Gross yieldⓘLast 12 months

3.36%

Annualised

Data confidenceSales sample67StrongLease sample154Strong

Segment breakdown

House & unit prices by bedroom

Every segment this suburb tracks — sales and rentals side by side, ranked by total activity over the last twelve months.

Demand percentile 0–100 · last 12 months12-mo change

Segment

Sold

Price

DOM

Leased

Rent

DOM

Yield

SalesRent

Houses · 2 bed67 sales · 154 leases

70+50.0%

$1.01M+0.5%

24 days+3d

141+0.5%

$615/wk+50.0%

12 days+0d

3.36%

50/100

Houses · 3 bed67 sales · 154 leases

70+0.5%

$1.01M+50.0%

24 days+3d

141+50.0%

$615/wk+50.0%

12 days+0d

3.36%

50/100

Houses · 4 bed67 sales · 154 leases

70+0.5%

$1.01M+0.5%

24 days+3d

141+50.0%

$615/wk+0.5%

12 days+0d

3.36%

50/100

Units · 1 bed67 sales · 154 leases

70+50.0%

$1.01M+0.5%

24 days+3d

141+50.0%

$615/wk+50.0%

12 days+0d

3.36%

50/100

Units · 2 bed67 sales · 154 leases

70+0.5%

$1.01M+0.5%

24 days+3d

141+50.0%

$615/wk+50.0%

12 days+0d

3.36%

50/100

Units · 3 bed67 sales · 154 leases

70+50.0%

$1.01M+0.5%

24 days+3d

141+0.5%

$615/wk+0.5%

12 days+0d

3.36%

50/100

All houses

70+0.5%

$1.01M+50.0%

24 days+3d

141+50.0%

$615/wk+50.0%

12 days+0d

3.36%

50/100

All units

70+50.0%

$1.01M+0.5%

24 days+3d

141+50.0%

$615/wk+50.0%

12 days+0d

3.36%

50/100

Where each segment ranks

Port Melbourne property growth

Where each segment sits against its peers in the chosen geography — past the midline means it's outperforming the rest.

Metric

Ranked against

Market demandHow fast this market is moving — a velocity index built from trailing-year transaction volume and median days on market. Strong volume lifts the score; days on market drags it down, with the drag growing sharply once listings start lingering. Ranked against peers in the chosen geography.

Houses

4/4above median

02550 · MEDIAN75100

Percentile vs VIC

Value

Units

4/4above median

02550 · MEDIAN75100

Percentile vs VIC

Value

The buy-versus-rent equation

Buying vs renting in Port Melbourne

What it costs each week to own a property versus renting the same one — positive means buying carries the premium, negative means rent covers the mortgage.

Property

Compare to

Units · 1 bed: +1%

Houses · 2 bed: +50%

Houses · 3 bed: +50%

Houses · 4 bed: +50%

Houses · Total: +50%

Units · 2 bed: +50%

Units · 3 bed: +50%

Units · Total: +50%

VIC MEDIAN · +35%

Rent covers itRenting matches or beats the cost of owning−10% to 0%

BalancedMortgage roughly matches asking rent+30% to +60%

Far pricier to ownBuying costs much more than renting+100% to +130%+

BreakdownLast 12 months

Holding cost

Mortgage

Rent

Premium

Band

Units · 1 bed70 sales141 leases

−$462/wk

$1,077/wk

$615/wk

+1%

Rent-covered

Houses · 2 bed70 sales141 leases

−$462/wk

$1,077/wk

$615/wk

+50%

Typical premium

Houses · 3 bed70 sales141 leases

−$462/wk

$1,077/wk

$615/wk

+50%

Typical premium

Houses · 4 bed70 sales141 leases

−$462/wk

$1,077/wk

$615/wk

+50%

Typical premium

Units · 2 bed70 sales141 leases

−$462/wk

$1,077/wk

$615/wk

+50%

Typical premium

Units · 3 bed70 sales141 leases

−$462/wk

$1,077/wk

$615/wk

+50%

Typical premium

Assumes 80% LVR6.0% rate30y P&I

Premium = (weekly mortgage − weekly rent) ÷ weekly rent. Band thresholds are national breakpoints across ~11,400 eligible Australian segments — the Typical premium band spans national P25 to P75, so it’s literally what’s typical.

Market data

How strong is demand, and which way is it heading?

Two questions on one chart — how strong demand is right now, and which way it's heading year-on-year.

Side

View

Property

Bedrooms

Radius

Compared against

Sales market velocity

4 nearby suburbs · 10km · Total unit · sales

rising

DOM change YoYis demand rising or falling?

falling

median

Recoveryweak but rising

Boomstrong and rising

Troughweak and falling

Peakstrong but easing

Nearby suburb

Demand index

66 / 100vs VIC

Days on market

27 days▲ +4 days YoY

Median price

$478k▼ −4.4% YoY

Sold (last year)

463▼ −0.3% YoY

Nearby suburb

Demand index

41 / 100vs VIC

Days on market

22 days▼ −9 days YoY

Median price

$837k▲ +11.4% YoY

Sold (last year)

23▲ +17.7% YoY

Nearby suburb

Demand index

36 / 100vs VIC

Days on market

32 days▲ +7 days YoY

Median price

$489k▲ +9.3% YoY

Sold (last year)

172▲ +0.3% YoY

Nearby suburb

Demand index

20 / 100vs VIC

Days on market

23 days▲ +10 days YoY

Median price

$515k▲ +13.1% YoY

Sold (last year)

23▲ +11.0% YoY

Port Melbourne · this suburb

Demand index

62 / 100vs VIC

Days on market

24 days▲ +3 days YoY

Median price

$1.01M▲ +0.5% YoY

Sold (last year)

70▲ +50.0% YoY

weakSales market velocityhow strong sales demand isstrong

This suburb Neighbouring suburbs · coloured by market phaseHover a point for its figures

Sales market velocity

How strong is sales demand — and is it rising or falling?

What this shows

Each dot is one of this suburb's property segments on the sales side. Left-right shows how strong sales demand is — combining how many properties sold in the last 12 months with how quickly they sold (median days on market). Top-bottom shows whether that demand is rising or falling compared to 12 months ago.

The two axes

Sales market velocityX axis

how strong sales demand is

A composite of 12-month sales volume and median days on market. Higher means more sales completed faster — stronger sales demand right now.

Days on market change (Year-on-year)Y axis

is demand rising or falling?

How much faster (or slower) sales are completing compared to 12 months ago. Top half means sales are completing faster than a year ago (demand growing).

Market data

Port Melbourne against the neighbourhood

Eight diagnostic views cutting the data a different way each time — Port Melbourne in blue, peers in colour.

Pair

View

Property

Bedrooms

Radius

How fast — and is it getting faster?

2 peer suburbs · 10km · Total unit

faster

DOM change YoYvs 12 months ago

slower

median

Recoveringquiet but accelerating

Boomingbusy and accelerating

Stalledquiet and slowing further

Coolingbusy but slowing

Nearby suburb

Demand index

46 / 100vs Australia

Days on market

27 days▲ +4 days YoY

Median price

$478k▼ −4.4% YoY

Sold (last year)

463▼ −0.3% YoY

Gross yield

4.69%

Nearby suburb

Demand index

32 / 100vs Australia

Days on market

32 days▲ +7 days YoY

Median price

$489k▲ +9.3% YoY

Sold (last year)

172▲ +0.3% YoY

Gross yield

4.64%

Port Melbourne · this suburb

Demand index

50 / 100vs Australia

Days on market

24 days▲ +3 days YoY

Median price

$1.01M▲ +0.5% YoY

Sold (last year)

70▲ +50.0% YoY

Gross yield

3.36%

slowDays on marketmedian days to sellfast

This suburb Neighbouring suburbs · coloured by market phaseHover a point for its figures

How much is available right now?

Housing supply & months of stock

How long current listings would take to clear at the recent rate of sales or leases. Critical shortage and Oversupply only fire at the genuine tails of the national distribution — sales tip in under 0.7 months, rentals far faster, under 0.3.

View

Hide thin-sample rows

Sales market

Band	Months of supply left	YoY	Listed	Sold	Per month
Severe shortage	1.1	▼ -2.4	6	70	5.8
Balanced	2.7	▲ +1.3	16	70	5.8
Slightly loose	3.4	▲ +0.5	20	70	5.8
Loose	4.0	▲ +2.4	23	70	5.8
Loose	5.3	▲ +3.4	31	70	5.8
Loose	5.5	▲ +2.5	32	70	5.8
Loose	5.6	▲ +4.6	33	70	5.8
Loose	6.6	▲ +3.8	38	70	5.8

median

Rental market

Band	Months of supply left	YoY	Listed	Leased	Per month
Tight	0.4	▼ -0.4	5	141	11.8
Tight	0.5	▼ -1.4	6	141	11.8
National typical	0.7	▼ -0.1	8	141	11.8
Loose	1.3	▼ -0.4	15	141	11.8
Loose	1.5	▼ -0.6	18	141	11.8
Oversupply	2.0	▼ -0.3	24	141	11.8
Oversupply	2.1	▼ -2.9	25	141	11.8
Oversupply	2.5	▲ +1.4	29	141	11.8

median

Severe

Very Tight

Tight

Balanced

Loose

Very Loose

Saturated

Under-suppliedOver-supplied

Market data

Who's transacting — buyers or tenants?

Out of every property transaction in this suburb, what share are sales versus leases — each point a rolling twelve-month window.

Property

Port Melbourne — Units & Houses, all bedrooms

Jul 2021 – Jun 2026 · each point = a 12-month window

Sales · buyer transactions

Leases · tenant transactions

Five-year arc

Port Melbourne median house price & rent history

Each tape traces one metric across sixty months for the selected segment — every point a trailing twelve-month figure, matching the headline KPIs above.

Five-year summaryAs of Jun 2026, the median house sale price in Port Melbourne fell from $855k (Jul 2021) to $833k (Jun 2026) — a 2.6% decline over five years — peaking at $1.49M between Jan 2023 and Dec 2023. Median house rent went from $616/wk to $786/wk (+27.6%) over the same period. For units, the median sale price fell from $596k to $450k (−24.5%), with rent up from $411/wk to $485/wk (+18.0%) over the same period.

Property

Bedrooms

Median price (trailing year)

Jun 2026

$833k-29.3%

5y median $1.19Mvs last year $1.18M

Total sales (trailing year)

Jun 2026

93-47.5%

5y median 138vs last year 177

Days on market (trailing year)

Jun 2026

24 days+4

5y median 27 daysvs last year 20 days

Median rent (trailing year)

Jun 2026

$786/wk+21.9%

5y median $569/wkvs last year $645/wk

Total leases (trailing year)

Jun 2026

177+7.9%

5y median 260vs last year 164

Days on market (rental) (trailing year)

Jun 2026

13 days-5

5y median 16 daysvs last year 18 days

Gross yield (trailing year)

Jun 2026

2.00%+0.40 pt

5y median 1.93%vs last year 1.59%

Months of supply

Jun 2026

3.2 months+70.0%

5y median 2.1 monthsvs last year 1.9 months

Months of supply (rental)

Jun 2026

2.0 months+137.8%

5y median 0.9 monthsvs last year 0.8 months

Nearby markets

Suburbs near Port Melbourne: prices compared

The nearest suburbs to Port Melbourne, ranked by distance — each lined up against Port Melbourne on the same measures, so the differences jump out at a glance.

Market

Property

Bedrooms

Radius

Colour by

This marketPort MelbourneVIC 3207 · Units · Total

Price$1.01M

DOM24 days

Sold70

5 markets within 5kmLast 12 months

DocklandsVIC 30081.4kmUnits · Total

West MelbourneVIC 30031.5kmUnits · Total

Albert ParkVIC 32061.7kmUnits · Total

SpotswoodVIC 30152.4kmUnits · Total

Price$515k

DOM23 days

Sold23

much cheapersimilar speed

South WharfVIC 30062.4kmUnits · Total

Stat colourHow each suburb's stat compares to Port Melbourne

Much lowerLowerSimilarHigherMuch higher

Similar markets

Suburbs like Port Melbourne

Suburbs anywhere in VIC that behave like Port Melbourne — matched on price, growth, selling speed and demand, not on distance. A shortlist of markets that move the same way — including ones far away you'd never think to compare. (Want the suburbs right next door instead? See Nearby markets above.)

Port Melbourne vs Doncaster: the closest sales-market match trades at a median of $399k against Port Melbourne's $1.01M — about 61% lower, with homes selling in 23 days versus 24 days here.

Colour by

Property

Bedrooms

Market

This marketPort MelbourneVIC 3207Units · Total

Price$1.01M

DOM24 days

Sold70

Most similar sales markets · within 5.4–20 kmLast 12 months

DoncasterVIC 310811km75% match

Price$399k

DOM23 days

Sold247

Heidelberg HeightsVIC 308112km73% match

Price$389k

DOM25 days

Sold67

Croydon NorthVIC 313620km64% match

Price$586k

DOM18 days

Sold31

HughesdaleVIC 316612km57% match

Price$626k

DOM15 days

Sold80

ElsternwickVIC 31855km50% match

Price$535k

DOM19 days

Sold133

Stat colourHow each suburb's stat compares to Port Melbourne

Much lowerLowerSimilarHigherMuch higher

Comparable sales markets to Port Melbourne: Doncaster median house price, Heidelberg Heights property market, Croydon North, VIC property market, Hughesdale property growth and Elsternwick average house price.

Port Melbourne's closest rental-market twins: Doncaster property market, Hughesdale property growth, Elsternwick property prices, Heidelberg Heights property market and Croydon North median house price. Each link opens that suburb's full market report.

Market data

Frequently asked · Port Melbourne

26 data-driven answers about Port Melbourne's property market — every one computed from the metrics above.

What things cost

Prices, rent, yield, ownership cost

What is the median house price in Port Melbourne?

The median house price in Port Melbourne, VIC 3207 is $1.01M as of June 2026, based on 67 sales over the past 12 months. Houses there have moved +50.0% year-on-year. Prices vary by bedroom count, from compact two-bedroom homes to larger four-bedroom houses. See the bedroom-level breakdown below for 2-, 3- and 4-bedroom medians.

What is the median unit price in Port Melbourne?

The median unit price in Port Melbourne, VIC 3207 is $1.01M as of June 2026, based on 67 sales over the past 12 months. Units have moved +0.5% year-on-year and currently trade at roughly 100% of the median house price.

How much does it cost to rent in Port Melbourne?

The median weekly house rent in Port Melbourne is $615 as of June 2026, drawn from 154 leases over the past 12 months. Units rent for around $615 per week. House rents have moved +50.0% year-on-year. Current vacancy pressure is shown in the supply section above.

How much is rent for a 3 bedroom house in Port Melbourne?

A 3 bedroom house in Port Melbourne rents for a median $615 per week as of June 2026, drawn from 154 leases over the past 12 months. Across other house sizes: 2-bedroom $615/week, 4-bedroom $615/week. Unit rents: 1-bedroom $615/week, 2-bedroom $615/week, 3-bedroom $615/week. Figures cover only segments with enough recent leases to be statistically meaningful; sparse segments are excluded. The segment breakdown covers rent, yield and days on market for every property type and bedroom count.

What is the gross rental yield in Port Melbourne?

Gross rental yield in Port Melbourne is 3.36% for houses and 3.36% for units as of June 2026, compared with the VIC unit median of 4.26%. Gross yield is annual rent divided by purchase price — it doesn't account for ownership costs like council rates, strata, maintenance or vacancy.

How much is a 3 bedroom house in Port Melbourne?

As of June 2026, Port Melbourne medians by bedroom count:

How much is a 3 bedroom house in Port Melbourne?
Property	1 bed	2 bed	3 bed	4 bed	Total
Houses	—	$1.01M	$1.01M	$1.01M	$1.01M
Units	$1.01M	$1.01M	$1.01M	—	$1.01M

Figures cover only segments with enough recent transactions to be statistically meaningful; sparse segments are excluded.

What does it cost to own versus rent at the Port Melbourne median?

At the median Port Melbourne house ($1.01M purchase, $615/week rent), weekly mortgage repayments sit at roughly $1077 — about $462 more per week than renting. That gap is the ownership premium. For the median unit ($1.01M purchase, $615/week rent), repayments run about $1077 per week. Figures assume 80% LVR, a 6.0% interest rate and a 30-year principal-and-interest loan.

How the market is moving

Speed, supply, growth, cycle phase

What are Port Melbourne's property market trends?

Port Melbourne's property market trends to June 2026: house prices rose +50.0% year-on-year and units +0.5%; weekly house rents moved +50.0%; homes now sell in a median 24 days — slower than a year ago by 3; sales supply sits at 5.3 months (very loose). Read together — price, rent, selling speed and supply — they show which way the Port Melbourne market is leaning. The 5-year tape and demand cycle charts above plot the full trajectory.

What does the data say about Port Melbourne as an investment?

As of June 2026 in Port Melbourne, house prices rose +50.0% over the year, gross rental yield is 3.36% against a VIC median of 2.22%, houses take a median 24 days to sell, sales supply is 5.3 months (very loose). Capital growth, rental yield, selling speed and supply are the signals investors weigh — but these figures describe the market, not a recommendation. This is data, not financial advice; always do your own research and consider a licensed adviser.

How quickly do houses sell in Port Melbourne?

Houses in Port Melbourne sell in a median 24 days on market as of June 2026, with units clearing slightly similarly at 24 days. Days on market have lengthened by 3 days versus a year ago. Faster clearance typically coincides with stronger buyer demand and lower supply.

Is Port Melbourne a tight or loose property market right now?

Port Melbourne's sales market sits at 5.3 months of supply for houses as of June 2026 — classified as Very Loose against the Australian distribution. Under 1.7 months is Severe (extreme shortage); over 4.5 months is Loose. The rental side is tighter still at 0.4 months of supply.

Have property prices in Port Melbourne gone up or down?

House prices in Port Melbourne moved +50.0% over the 12 months to June 2026, while units moved +0.5%. The 5-year tape above plots the full monthly trajectory — showing where the market changed character rather than just crossing round numbers.

How active is the rental market in Port Melbourne?

Port Melbourne's house rental market sits at 0.4 months of supply as of June 2026 — classified as Severe (extreme shortage), with 141 houses leased over the past 12 months. Units sit at 2.0 months. Tighter supply typically corresponds to faster letting and upward pressure on rents.

Where is Port Melbourne in its property market cycle?

Port Melbourne's house market is currently in the 'in_demand_easing' phase as of June 2026 — combining above-median sales velocity nationally with year-on-year loosening in days on market. The demand cycle chart above plots all eight segments on the same demand-versus-direction axes.

How it compares

Vs state, vs nearby, vs popular

How does Port Melbourne compare to other VIC suburbs?

Port Melbourne's median house price ($1.01M) is 161% above the VIC median ($389k) as of June 2026. On selling speed, houses clear in 24 days vs 22 days state median. On gross yield, Port Melbourne sits at 3.36% vs 2.22% state median.

How does Port Melbourne compare to neighbouring suburbs?

Port Melbourne's most-similar nearby market is Windsor (5.5 km away) with a median house price of $764k — about 25% cheaper. The Nearby and Similar markets sections above rank every peer within radius and by composite similarity across price, days on market, yield, ownership cost and cycle phase.

What's the most popular property type in Port Melbourne?

The most-transacted segment in Port Melbourne over the 12 months to June 2026 is 2 bed houses with 70 sales. 3 bed houses come second at 70 sales. The buying-versus-renting section above breaks down the top segments with weekly mortgage, rent and ownership-cost detail.

How many properties were sold and leased in Port Melbourne last year?

Port Melbourne recorded 70 house sales and 70 unit sales over the 12 months to June 2026 — a combined 140 transactions. On the rental side, 141 houses and 141 units were leased. Segments with statistically thin samples are excluded from displayed figures.

About the area

Population, income, who lives here, schools

What postcode is Port Melbourne in?

Port Melbourne is in postcode 3207, in the Inner Melbourne region of VIC. Addresses there are written as Port Melbourne, VIC 3207.

What is the population of Port Melbourne?

Port Melbourne, VIC 3207 is home to 15,626 residents (ABS Census 2021). The median resident age is 28, and the average household holds 1.6 people. The "Who lives here" section above breaks the community down by age, life stage and tenure.

What is the median household income in Port Melbourne?

The median household in Port Melbourne earns $1k per week — roughly $76k a year (ABS Census 2021). Median personal income runs $1k/week. Income, rent-to-income and mortgage-to-income context sits in the "Who lives here" section above.

What is the unemployment rate in Port Melbourne?

The unemployment rate in Port Melbourne is 50.0% (ABS Census 2021). That sits right around the median for Australian suburbs. The rate counts people who are working or actively looking for work — not a share of all residents. Workforce participation sits at 50%. The local economy section above covers incomes, employment status and the occupation mix.

Do people own or rent in Port Melbourne?

Port Melbourne is mostly owner-occupied: about 100% of households are owner-occupiers and 50% rent (ABS Census 2021). Of owners, 50% own outright and 50% are paying off a mortgage.

What schools are near Port Melbourne?

Port Melbourne has 150 schools within reach, 3 of them inside the suburb itself — including Port Melbourne Primary School, Port Melbourne Secondary College, Port Phillip Specialist School. The Schools section above maps each one with sector, year range, enrolment, Micromarkets-compiled academic ratings and ICSEA (ACARA).

Is Port Melbourne a good place to live?

Port Melbourne, VIC 3207 has a population of 15,626, a median age of 28, a median household income around $1k/week, 50% of households renting (ABS Census 2021). There are 150 schools within reach. Whether it's the right fit depends on your priorities — these figures describe the community, housing mix and amenity rather than offer a verdict.

About this data

Methodology and update cadence

When was this Port Melbourne market data last updated?

This Port Melbourne market data was last updated July 2026, covering the 12 months to June 2026. Figures are computed monthly from 12-month rolling windows of recorded sales and leases, with five years of monthly history behind the trend charts. Methodology, glossary and data sources are linked in the footer.