PORT MELBOURNE 3207
State: VICPosiProp AI Investment Summary
PORT MELBOURNE (VIC 3207) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 3.3% and has experienced a 12-month capital growth of Up 0.9%, with a median house buy price of $1,530,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$1,276,500
$1,660,000
$2,220,000
$1,530,000
Suburb Market Profile
Last month Port Melbourne had 140 properties available for rent and 130 properties for sale. Median property prices over the last year range from $1,530,000 for houses to $722,750 for units. If you are looking for an investment property, consider houses in Port Melbourne rent out for $980 PW with an annual rental yield of 3.3% and units rent for $700 PW with a rental yield of 5.0%. Port Melbourne has seen an annual compound growth rate of 0.9% for houses and 4.0% for units.
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