Is PORT MELBOURNE a good suburb for positive geared property investment in Australia?

PORT MELBOURNE in VIC currently features property rental yields up to 3.4% with a 12-month capital growth value of 0.0%. Under standard conditions, suburbs with yields above 5.0% represent strong positive gearing potential.

What is the median house price in PORT MELBOURNE 3207?

The median house price in PORT MELBOURNE 3207 is approximately $1,505,000 based on the latest tracked market indices.

Investment Spotlight • Australia

PORT MELBOURNE 3207

State: VIC

Updated: 5 August 2026

PosiProp AI Investment Summary

PORT MELBOURNE (VIC 3207) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 3.4% and has experienced a 12-month capital growth of 0.0%, with a median house buy price of $1,505,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.

Positive Gearing Potential Verified: Suburb rental index metrics qualify Richmond for positive cash flow portfolios. Review the price brackets and explore the live listings below.

Market Yield & Price Indices

2 house • buy

$1,295,000

Up 1.4% 3.4% Yield

3 house • buy

$1,645,000

Up 2.8% 3.4% Yield

4 house • buy

$2,240,000

Down -2.6% 3.3% Yield

all house • buy

$1,505,000

0.0% 3.4% Yield

Suburb Market Profile

Last month Port Melbourne had 149 properties available for rent and 129 properties for sale. Median property prices over the last year range from $1,505,000 for houses to $720,000 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 3.4% and units rent for $700 PW with a rental yield of 4.9%. Port Melbourne has seen an annual compound growth rate of 0.0% for houses and 4.0% for units.

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