Median price trend for houses
Based on 155 sales in the preceding 12 months
$1,520,000
Down 3.1% over 12 months
- 2 bed
- $1.28m
- 3 bed
- $1.7m
- 4 bed
- $2.35m
Apartment buildings along a seaside road
Philip Mallis · CC BY-SA 2.0
The quick read on
Port Melbourne
VIC 3207 · Melbourne
What homes cost, how rents have moved, and a feel for the people who call it home.
- Median house
- $1,520,000
- Median unit
- $720,000
- Population
- 17,633
- Postcode
- 3207
latest suburb median
latest suburb median
ABS 2021
Port Melbourne, Victoria
Property market insights for Port Melbourne
Median sale price and rental income of properties in Port Melbourne VIC
Median rent trend for houses
Based on 217 rental listings in the preceding 12 months
$900 per week
Up 5.9% over 12 months
Market data updated October 2026.
The median house price in Port Melbourne, VIC is currently $1,520,000, based on the latest 12 months of sales. Port Melbourne has a 12-month growth rate of -3.1% for houses and 0.0% for units.
Two-bedroom houses have a median sale price of $1,280,000, Three-bedroom houses have a median sale price of $1,700,000, Four-bedroom houses have a median sale price of $2,350,000 in Port Melbourne.
If you're looking to lease, the median rent for houses in Port Melbourne is $900 per week. The median house rent has increased 5.9% over the last 12 months.
The median price of apartments and units for sale in Port Melbourne is $720,000, which has remained unchanged since the same time last year. One-bedroom apartments and units have a median sale price of $460,000, Two-bedroom apartments and units have a median sale price of $762,000, Three-bedroom apartments and units have a median sale price of $1,610,000, Four-bedroom apartments and units have a median sale price of $1,360,000 in Port Melbourne. The median rent for units and apartments in Port Melbourne is $750 per week and has increased 3.4% over the last 12 months.
Crime and safety
Is Port Melbourne safe?
The overall rate for Port Melbourne is 8,531 offences per 100,000 residents — 113% above the Greater Melbourne benchmark.
That is the clearest suburb-wide answer. Open the detailed profile to see how the pattern changes across offence types and different parts of Port Melbourne.
Overall crime rate
8,531
offences per 100,000 residents
113% aboveGreater Melbourne
Port MelbourneGreater Melbourne: 4,001
Suburb-wide estimate from Microburbs' public crime model; it is not an address-level measure.
The people behind the postcode
Who lives in Port Melbourne?
Port Melbourne VIC 3207 is in Victoria, within Greater Melbourne.
17,633 people call Port Melbourne home, with an average of 2.1 people per household and a median household income of $2,372 a week.
Public ABS 2021 Census figures. The bars compare the local share with the capital-region benchmark.
- Population
- 17,633
- Median age
- 42 years
- Median mortgage
- $2,500 / month
- 2021 household rent
- $540 / week
Above the benchmarkBelow the benchmarkIn lineGreater Melbourne benchmark
Age profile
Share of residents in each age band.
Under 1513.8%Below
15–3423.2%Below
35–5434.2%Above
55–7422.2%Above
75 and over6.6%In line
Homes
Share of occupied private dwellings.
Separate houses6.0%Below
Townhouses43.9%Above
Apartments50.0%Above
Ownership
Share of homes with a stated ownership or rental status.
Owned outright26.4%Below
Paying a mortgage29.2%Below
Renting44.4%Above
Cars at home
Vehicles available to occupied households.
No car12.0%Above
One car53.8%Above
Two cars28.2%Below
Three or more6.0%Below
Getting to work
Selected ways residents worked or travelled on Census day.
Worked from home45.7%Above
Drove to work29.7%Below
Train, tram or bus3.3%In line
Walked or cycled6.4%Above
What stands out in Port Melbourne
45.7% of workers in Port Melbourne worked from home on Census day — noticeably more common than across Greater Melbourne.
4.9% of Port Melbourne residents were born in England, about twice the rate across Greater Melbourne.
44.3% of people in Port Melbourne described themselves as having no religion in the 2021 Census.
A closer look at the Census
Questions people ask about Port Melbourne
Open any question for a plain-English reading of the public 2021 Census for Port Melbourne VIC 3207.
Is Port Melbourne family-friendly?Age, family structure and household size describe the community families would be joining.
13.8% of Port Melbourne's residents were children under 15 in the 2021 Census. That is somewhat below the Greater Melbourne average.
4,633 family households lived in Port Melbourne; 35.4% were couple families and 14.2% were one-parent families.
31.8% of local families included children under 15. That is well below the Greater Melbourne average.
These are suburb-wide household figures, not school or childcare ratings.
What is the age profile of Port Melbourne?The balance between younger adults, families and older residents changes how a suburb feels day to day.
Port Melbourne had 17,633 residents at the 2021 Census.
33.1% of residents were aged 25 to 44.
28.8% were 55 or older. That is somewhat above the Greater Melbourne average.
Age shares use the suburb’s total Census population.
What kind of homes are in Port Melbourne?The dwelling mix shows whether the suburb is mostly detached homes, townhouses or apartments.
Separate houses made up 6.0% of occupied private dwellings in Port Melbourne.
Townhouses and other attached homes represented 43.9% of occupied private dwellings.
Flats and apartments accounted for 50.0% of occupied private dwellings.
All three shares use occupied private dwellings as the denominator.
Do people own or rent in Port Melbourne?Tenure shows how many households own outright, have a mortgage or rent.
26.4% of households with a stated tenure owned their home outright. That is somewhat below the Greater Melbourne average.
29.2% were buying their home with a mortgage.
44.4% rented their home. That is well above the Greater Melbourne average.
Tenure shares include households that stated one of these three arrangements.
How large are households in Port Melbourne?Household-size data shows the mix behind the suburb-wide average.
The average household in Port Melbourne had 2.1 people.
One-person households made up 37.4% of occupied homes. That is well above the Greater Melbourne average.
Two-person households represented 36.0%, while 14.1% had four or more usual residents.
Household size counts usual residents in occupied homes.
How do people get to work in Port Melbourne?Census-day travel shows the balance between home, road, public transport and active travel.
45.7% of workers worked from home on Census day. That is well above the Greater Melbourne average.
29.7% drove a car as their only travel method. That is well below the Greater Melbourne average.
3.3% used only a train, tram or bus, while 6.4% walked or cycled.
Travel figures are a 2021 Census-day snapshot.
How many cars do households have in Port Melbourne?Vehicle availability helps describe the routines local households can support.
12.0% of occupied households had no motor vehicle available. That is somewhat above the Greater Melbourne average.
One-car households formed 53.8% of the total.
34.2% of households had two or more vehicles.
Vehicle counts refer to occupied households, not individual residents.
Who's moving to Port Melbourne, and who stays?Address history shows how settled or recently mobile residents were at the Census date.
48.5% were at the same address five years earlier, while 51.5% reported a different address.
30.0% of residents were born outside Australia. That is somewhat below the Greater Melbourne average.
Mobility figures cover residents who answered the relevant Census question.
What languages are spoken in Port Melbourne?Language at home gives a direct view of the community’s everyday linguistic mix.
73.1% of residents used only English at home.
20.5% used a language other than English at home.
2.0% spoke Mandarin at home, 0.7% spoke Cantonese and 0.4% spoke Hindi.
Home language is separate from English proficiency.
Where were Port Melbourne residents born?Birthplace adds another layer to the local story, separate from ancestry and language.
30.0% of Port Melbourne's population was born outside Australia, while roughly 70.0% was born in Australia.
1.5% of residents were born in China.
0.8% were born in India, while Australian citizenship across the whole suburb stood at 82.4%.
Birthplace, citizenship and ancestry describe different parts of identity.
What ancestries shape Port Melbourne?Ancestry responses show how residents describe family and cultural background.
English ancestry accounted for 32.6% of ancestry responses in Port Melbourne.
Australian ancestry made up 23.8% of responses.
Chinese ancestry represented 4.7% of responses.
People may nominate more than one ancestry, so these are shares of responses.
What work do people do in Port Melbourne?Occupation describes a person’s role; industry describes the sector employing them.
35.7% of employed residents worked in professional occupations. That is well above the Greater Melbourne average.
Managers accounted for 24.4% of employed residents, while clerical and administrative workers made up 12.1%.
Health care and social assistance employed 9.8% of workers, and education and training employed 7.1%.
Occupation and industry figures describe employed residents of the suburb.
How active is the workforce in Port Melbourne?Participation, employment pattern and unemployment describe the resident labour force.
The labour-force participation rate was 67.1%, compared with 64.1% across Greater Melbourne.
44.4% of residents aged 15 and over worked full time, while 16.1% worked part time.
Unemployment was 4.0%, compared with 5.3% across Greater Melbourne.
Labour-force figures come from the 2021 Census.
What does the health profile of Port Melbourne show?Selected long-term health conditions help describe community service needs.
63.4% reported no selected long-term health condition.
7.8% reported a long-term mental health condition, including depression or anxiety.
7.4% reported asthma, 6.3% arthritis and 2.8% diabetes excluding gestational diabetes.
These are self-reported suburb-wide Census figures, not address-level health risks.
How educated is Port Melbourne?Qualifications describe the study pathways represented among local residents.
37.8% of people in the qualifications table held a bachelor degree. That is somewhat above the Greater Melbourne average.
Postgraduate degrees accounted for 16.1% of qualification responses.
Diploma-level qualifications represented 14.0%, while certificate-level qualifications represented 14.2%.
Qualification categories are reported separately and are not school ratings.
What do incomes and housing costs look like in Port Melbourne?Census income and household payments give historical context for local living costs.
Median household income was $2,372 per week in the 2021 Census.
The median monthly mortgage repayment reported by local households was $2,500.
Occupied renting households reported a median rent of $540 per week.
These household figures are from 2021; current sale and asking-rent medians appear in the market section.
How does Port Melbourne compare with Greater Melbourne?A few clear differences place the suburb in its wider metropolitan context.
Working from home was 45.7% in Port Melbourne, compared with 28.8% across Greater Melbourne.
Outright ownership was 26.4% locally and 30.7% across Greater Melbourne. That is somewhat below the Greater Melbourne average.
Renting accounted for 44.4% in Port Melbourne, against 31.1% across Greater Melbourne.
Capital-region comparisons use the same Census definitions and year.
Three useful questions
A buyer’s quick guide to Port Melbourne
Is Port Melbourne expensive?
The median house price is $1,520,000, while units and apartments sit at $720,000. Bedroom count, land and condition still create a wide range around those suburb medians.
Is Port Melbourne good for families?
The Census counted 4,633 local families, and 13.8% of residents were under 15. That describes the community; school quality, travel times and the right fit for a particular family need separate research.
What can I get for $1.5m in Port Melbourne?
3-bedroom houses have a median around $1,700,000, the closest bedroom benchmark we hold to a $1.5m budget. Individual homes can differ substantially with block size, renovation and location.
Medians describe recorded market activity across the suburb; they are historical context, not a valuation or forecast for an individual home.
Explore the area
Streets and suburbs around Port Melbourne
194 streets in Port Melbourne
Street-by-street reports are not published yet. The streets below are the ones this suburb covers.
- Adams Ln
- Adams Pl
- Albert St
- Alfred St
- Allen Pl
- Anderson St
- Australis Cct
- Bamboo Place
- Barak Rd
- Barkly Ave
- Barlow St
- Bath Pl
- Batman Rd
- Bayside Ave
- Bay St
- Beach St
- Beacon Rd
- Beaconsfield Pde
Show all 194 streetsShow fewer streets
- Beacon Vsta
- Bertie St
- Blueprint Circuit
- Boundary St
- Brady St
- Bridge St
- Bruford Rd
- Butchers Ln
- Byrne St
- Cambridge St
- Canberra
- Canberra Pde
- Candle Rd
- Capistrano Pl
- Centenary Dr
- Central Bvd
- Centre Ave
- Church St
- Clark St
- Clay St
- Clifford St
- Coogee Pl
- Cook St
- Crichton Ave
- Crockford St
- Cruikshank St
- Cumberland Rd
- Dairy Ln
- Danks St West
- Darke Rd
- Davies St
- Derham St
- Donaldson St
- Douglas St
- Dow St
- Drysdale St
- Dunstan Pde
- Edina Ave
- Edina Cl
- Edwards Ave
- Ellinis
- Empress Rd
- Enterprise Ave
- Esplanade East
- Esplanade Pl
- Esplanade West
- Evans St
- Farrell St
- Fennell St
- First
- Florence Pl
- Frangipani Ct
- Garton St
- Gateway Ct
- Gellibrand Rd
- Graham St
- Griffin Cr
- Hall St
- Harper Ct
- Heath St
- Hillman Square
- Hobsons Bay Pde
- Howe Pde
- Humber Promenade
- Hygeia St
- Ingles St
- Jago Rd
- Johnston St
- Kitchen Rd
- Kooringa
- Kyme Pl
- Lagoon Ln
- Lalor St
- Legon St
- Leith Cr
- Liardet St
- Lind Ave
- Little Cruikshank St
- Little Derham St
- Little Dow St
- Little Ingles St
- Little Swallow St
- Lorimer St
- Lyons St
- Mackenzie Street
- Mariposa Pl
- Mccormack St
- Melville St
- Mitchell Cr
- Morley
- Morley St
- Munro St
- Murtons
- Narooma Pl
- Nelson St
- Network Dr
- Norma Barnett Ln
- Normanby Rd
- Nott St
- Orcades
- Orion
- Ozone St
- Page Ave
- Park Sq
- Peckville St
- Phillip Ct
- Pickles St
- Pier St
- Plummer St
- Poolman St
- Pool St
- Portview Sq
- Princes Pl
- Princes St
- Prohasky St
- Pye St
- Queen Street
- Quinn Rd
- Raglan St
- Reserve Pl
- Retreat Pl
- Rocklea Dr
- Rogers St
- Rosny St
- Ross St
- Rouse St
- Sabre Dr
- Salmon St
- Sandridge Ave
- Sardine St
- Seisman Pl
- Seisman St
- Sentinel Square
- Smith Street
- Southward Ave
- Spring St East
- Spring St North
- Spring St South
- Spring St West
- Station St
- Stokes St
- Strathaird
- Sugar Ln
- Sunlight Rd
- Swallow St
- Taroona Pl
- Tarver St
- Thackray Rd
- The Bend
- The Boulevard
- The Cove
- The Crescent
- Thomas St
- Todd Rd
- Tom Hills Ct
- Tomkins Rd
- Tucker Ave
- Turner St
- Turville Pl
- Union St
- Vegemite
- Velvet Rd
- Walter St
- Waterfront Pl
- Watermark Close
- Webb Dock Dr
- Webb Rd
- Weeroona St
- West Gate Fwy
- Westside Ave
- Wharf Rd
- Williamstown Road
- Wirraway Dr
- Woodruff St
- Woolboard Rd
- Workers St
12 suburbs surrounding Port Melbourne
Compare nearby suburb prices, rents and five-year market trends.
Keep exploring
Is Port Melbourne right for your search?
Use the finders to compare places and properties, or open the full report when you need the street, risk, schools and growth research.
Read the thinking
Figures update as new market and census data arrives. This suburb overview is general information, not a valuation or financial advice.