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Port Melbourne Property Investment Overview

Suburb research data for Port Melbourne, VIC 3207 — median prices, rental yield and suburb signals. General information only.

Government Public Data Price 2025 Rent 2021
Median House Price
$1,635,000
2025 data · estimate
Gross Rental Yield
1.7%
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Weekly Rent
$540
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Renter Demand
63%
of residents rent
Vacancy Rate
2.0%
Low — tight market
Population
17,633
Suburb residents
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📍 Suburb Overview

State VIC
Postcode 3207
Median house price $1,635,000
Median unit price —
Weekly rent (median) $540/wk (unlock cashflow model)
Gross yield 1.7% (unlock risk & score)
Renter % 62.7%
Vacancy rate 1.99%
Population 17,633
Median household income $123,344/yr
Owner-occupied 37.3%
Median age 42 yrs
Total dwellings 5,411

🛡️ Safety & Crime

Reported crime level High reported crime
Incidents / 1,000 residents 151

Port Melbourne shows well above-average reported crime compared with other VIC suburbs, based on 2024 state police data.

Source: VIC police / crime statistics. Reported offences vary by category and reporting practices — check current local figures before deciding.

Investment Signals

Confidence: High High

Multiple core metrics are available, including price, rent/yield and population or demand indicators.

Last updated: 2025 · Public suburb-level data coverage varies by location and source. Verify current figures before making property decisions.

✅ Low vacancy (2.0%) — tight rental market
✅ High renter proportion (63%) — strong rental demand base
⚠️ Price is an estimate — limited recent transaction data available
⚠️ Rent data is from 2021 — may not reflect current market
🚩 High reported crime (151 incidents/1,000 residents) — VIC reported data 2024
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Price History

Source: VIC_DTPLI_Quarterly. Suburb-level medians — not individual sale prices.

🏫 Schools

Schools in suburb 1
Primary 1
Secondary 0
Schools in Port Melbourne
Port Melbourne Primary School Primary · Government
Port Phillip Specialist School Other · Government
School locations from state education departments / ACARA. List reflects schools located within the suburb.

🔄 Compare & Explore

Similar suburbs in VIC by price range, ranked by yield:

Lysterfield South, VIC
2.7% yield
$1,240,000
Lysterfield South, VIC
2.6% yield
$1,300,000
Lysterfield South, VIC
2.6% yield
$1,275,000
Park Orchards, VIC
2.6% yield
$1,225,000
Brighton East, VIC
2.5% yield
$1,230,000
Portsea, VIC
2.5% yield
$1,195,000
Compare with nearby Open comparison →
All suburbs in VIC Search VIC →
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💰 Cashflow Snapshot

80% LVR · 6.2% interest · indicative only — not financial advice
Purchase price $1,635,000
Deposit (20%) $327,000
Loan (80% LVR) $1,308,000
Weekly rent $540/wk
Annual rent income $28,080/yr
Est. annual interest -$••,•••
Mgmt fees + costs -$•,•••
Est. net cashflow +/- $••,•••/yr
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❓ Frequently Asked Questions

Is Port Melbourne a good suburb to invest in?

Port Melbourne has a high renter proportion (63%) and a low vacancy rate, suggesting tight rental demand. Use this data as a research signal only. Always conduct property-level due diligence and seek independent professional advice before making any investment decision.

What is the median house price in Port Melbourne?

The median house price in Port Melbourne is approximately $1,635,000 based on 2025 public data (estimate — limited transaction evidence available).

What is the rental yield in Port Melbourne?

The indicative gross rental yield in Port Melbourne is 1.7%, based on a median weekly rent of $540 against a median price of $1,635,000. This is general data only — actual yields vary by property, condition and market timing.

How does Port Melbourne compare to other suburbs?

Use the suburb comparison tool to compare Port Melbourne against other Australian suburbs by price, yield, vacancy and renter demand.

Is Port Melbourne a safe suburb?

Port Melbourne shows well above-average reported crime compared with other suburbs in VIC, based on 2024 state police data. The reported crime rate is about 151 incidents per 1,000 residents. Always check current local crime statistics before deciding.

What schools are in Port Melbourne?

Port Melbourne has 2 known schools, including Port Melbourne Primary School, Port Phillip Specialist School. Catchments and enrolment policies change — confirm directly with each school.

Where does PropertyScoutAU get its suburb data?

PropertyScoutAU uses public and government datasets where available, including price, demographic and rental indicators. Coverage varies by suburb and some fields may be estimated or unavailable. See our data sources page for full details.

General information only. PropertyScoutAU provides suburb-level research data from government public sources. All figures are indicative medians and may not reflect current market conditions or individual property values. This is not financial, investment, legal or tax advice. Always verify independently and consult qualified professionals before making any property decision. About our data →