Port Melbourne — Houses

NEUTRAL
VIC 3207 House Rank #37 of 263 in Melbourne
$1.97M
Median House Price · recent comparable sales
DEMAND LIQUIDITY AFFORD GROWTH YIELD SUPPLY
VERDICT
NEUTRAL
DEMAND
73 buyers/listing
Strong
LIQUIDITY
28d DOM
Neutral
AFFORDABILITY
-3.0% vs 5yr
Neutral
GROWTH OUTLOOK
Average
Neutral
YIELD
3.2%
Neutral
SUPPLY PRESSURE
1.7% vacancy
Neutral
#37/263 Average Structure 17 $1.97M

Atlaso rates Port Melbourne houses as HOLD. Average growth outlook. Vacancy remains tight at 1.74%, but prices declined 8.8% over the past year. Better houses options may be available in Melbourne.

At $1.97M, Port Melbourne ranks #37 of 263 houses in Melbourne. The long-term structural outlook is Average. Properties sell in 28 days.

OPPORTUNITY ENGINE

Structural opportunity remains selective at this price level.

5 stronger-positioned houses identified in Melbourne.

Port Melbourne Price History

All houses · monthly median sale price

Market Intelligence

What's Happening Now

Shifting to Buyers Early signs of easing. Monitor for entry.
-4.2%
Asking Prices (3mo)
-2.3%
Rents (12mo)
2.1%
Vacancy
46%
Fresh Stock (<30d)

House Asking Prices (12 months)

$1.50M

House Weekly Rents (12 months)

$1,110/wk

Vacancy Rate (24 months)

--- 1.5% tight --- 3.0% loose

Listing Age (12 months)

Fresh (<30d) 30-60d 60-90d 90-180d 180d+

Data for postcode 3207.

Suburb Profile

Port Melbourne at a Glance

SEIFA Index
10/10
Most advantaged
Household Income
$2,372/wk
Median household
Median Age
42
Years
Mortgage Stress
24%
of income
Population Growth
+1.6%
vs state +2.2%
Ownership Mix
18.9% owned 30.5% mortgage 46.3% renting

Demographic Trends

Port Melbourne Over Time

Median Household Income (Census)

Population Growth Rate (Census)

Dwelling Composition (Census)

Rental Yield History

Census data: ABS. Yield series: weekly market data.

Full Port Melbourne Analysis

Access the full structural analysis, fair value estimate, bedroom-level pricing, and supply intelligence.

3-Year Structural Outlook Strong
Conviction Level High
Fair Value Gap X.X% undervalued
3-Bed House Price $X,XXX,XXX
Gross Yield X.X%
Weekly Rent $XXX
SEIFA Decile X/10
Building Approvals XX dwellings

Frequently Asked Questions

Is Port Melbourne a good suburb to invest in?
Atlaso rates Port Melbourne as HOLD confidence for capital growth. In our out-of-sample testing, 90% of our STRONG BUY suburbs grew more than 8% annually. Our model analyses price trends, volume, demographics, and market conditions across Port Melbourne and 46 Australian cities to generate this rating.
What is the median house price in Port Melbourne?
The current median house price in Port Melbourne, vic is $1.97M, with annual growth of +14.2%. Properties sell in approximately 28 days.
How fast do properties sell in Port Melbourne?
Properties in Port Melbourne sell in 28 days on average. The market is currently rated Average. This is in line with the broader market.
What is the growth outlook for Port Melbourne?
Atlaso's model analyses 23 structural signals including price history, volume trends, yields, and vacancy to rate Port Melbourne's growth potential. The model predicts whether a suburb is likely to outperform, not by how much. Our ratings have been validated across 46 Australian cities, with 90% of top-rated suburbs growing more than 8% a year.
What is the rental yield in Port Melbourne?
The gross rental yield for houses in Port Melbourne is 3.2%. This is in line with the broader market average.

Want to compare suburbs?

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Important: Atlaso provides general research information only and does not constitute personal financial advice, property advice, or a recommendation to buy, sell, or hold any property. Suburb scores, growth ratings, rental yield estimates, and market signals are based on quantitative models using historical data. They are not guarantees of future performance. Property values can fall as well as rise. You should seek independent licensed financial and property advice before making any investment decision. Atlaso Pty Ltd (ABN 84 696 036 469) is not a licensed financial adviser and does not hold an Australian Financial Services Licence (AFSL).