Port Melbourne — Units

BUY
VIC 3207 Unit Rank #9 of 206 in Melbourne ↑3
$656K
Median Unit Price · recent comparable sales
Cashflow Opportunity #9 of 206

Above-average rental yield provides strong cashflow and income support for investors.

DEMAND LIQUIDITY AFFORD GROWTH YIELD SUPPLY
VERDICT
BUY
Cashflow Opportunity
DEMAND
73 buyers/listing
Strong
LIQUIDITY
36d DOM
Weak
AFFORDABILITY
-10.6% vs 5yr
Strong
GROWTH OUTLOOK
Good
Strong
YIELD
4.9%
Strong
SUPPLY PRESSURE
1.7% vacancy
Neutral
#9/206 Good Structure 58 $656K

Atlaso rates Port Melbourne units as BUY for capital growth. Vacancy remains tight at 1.74%. 66% of BUY-rated suburbs grew more than 8% in our validated testing.

At $656K, Port Melbourne ranks #9 of 206 units in Melbourne. The long-term structural outlook is Good. Prices remain 11% below their 5-year trend, suggesting room for recovery.

OPPORTUNITY ENGINE

Structural opportunity remains selective at this price level.

5 stronger-positioned units identified in Melbourne.

Port Melbourne Price History

All units · monthly median sale price

Market Intelligence

What's Happening Now

Shifting to Buyers Early signs of easing. Monitor for entry.
-4.8%
Asking Prices (3mo)
+1.9%
Rents (12mo)
2.1%
Vacancy
46%
Fresh Stock (<30d)

Unit Asking Prices (12 months)

$760K

Unit Weekly Rents (12 months)

$785/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 BUY 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 $656K, with annual growth of +21.0%. Properties sell in approximately 36 days.
How fast do properties sell in Port Melbourne?
Properties in Port Melbourne sell in 36 days on average. The market is currently rated Good. 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 4.9%. This is above the national average, making it attractive for yield-focused investors.

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).