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 0.7%, with a median house buy price of $1,560,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$1,265,000
$1,610,000
$2,310,000
$1,560,000
Suburb Market Profile
Last month Port Melbourne had 112 properties available for rent and 153 properties for sale. Median property prices over the last year range from $1,560,000 for houses to $705,000 for units. If you are looking for an investment property, consider houses in Port Melbourne rent out for $970 PW with an annual rental yield of 3.3% and units rent for $700 PW with a rental yield of 4.9%. Port Melbourne has seen an annual compound growth rate of 0.7% for houses and -2.8% for units.