Suburb

Market snapshot

Suburb insights for Port Melbourne3207

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Port Melbourne, approximately 3 km southwest of Melbourne's CBD, stretches along the shores of Hobsons Bay, just 3 km from the CBD, mixing heritage port and industrial precincts with modern bayside apartment developments. Its Bay Street dining strip, waterfront promenades, and cultural venues make it a lively residential and leisure hub. Well-served by light rail and road links, including the West Gate Bridge, it attracts professionals, families, and investors.

Recent sales and auction results in Port Melbourne

AddressBedroomsPriceTypeMethodSale DateAgentListing
85 Dunstan Pde, Port Melbourne3PriceHousePassed in at Auction12/06/2026VICPROPView
260 Esplanade East , Port Melbourne2PriceHouseAuction Sale12/06/2026Marshall White & Co
112 Ingles St, Port Melbourne3PriceHousePassed in at Auction12/06/2026Jellis Craig | Chisholm & Gamon Port MelbourneView
160 Nott St, Port Melbourne3PriceHousePassed in at Auction12/06/2026James Nicolaou Real EstateView
384 Ross St, Port Melbourne3PriceHouseSold Before Auction3/06/2026Jellis Craig
25 Kitchen Rd, Port Melbourne3PriceTownhousePrivate Sale31/05/2026Barry Plant
14 Bridge St, Port Melbourne2PriceHouseSold Before Auction24/05/2026Buxton (Port Phillip) Pty Ltd

Sales data

Median sale price
$1.6mil
Quarterly price change
-3.1%
Metro Melbourne Comparison
$992k
1.9%
BedroomsPort MelbourneMetro comparison
2$1,240,000$950,000
3$1,720,000$863,000
4$2,550,000$980,500
InsightPort MelbourneMetro comparison
Clearance rate62.1%74.9%
Days on market39.537

Rental data

Median weekly rent
$880
Rental yield
2.8%
Metro Melbourne Comparison
$580
3.1%
BedroomsPort MelbourneMetro comparison
2$750$595
3$1,050$550
4-$595
Median data for the current quarter
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