Last month Port Melbourne had 117 properties available for rent and 162 properties for sale. Median property prices over the last year range from $1,290,000 for houses to $500,000 for units. If you are looking for an investment property, consider houses in Port Melbourne rent out for $930 with an annual rental yield of 2.85% and units rent for $680 with a rental yield of 4.93%. Port Melbourne has seen an annual compound growth rate of 3.35% for houses and -0.36% for units.
Last 12 months (last updated: November 2025)
Median Sale Price
The median sale price is the middle value of all sale prices in a given period.
Annual Change in Median Price
Change in sale price of properties sold in the last 12 months compared to 12 months prior.
Properties Sold
The number of properties sold in the last year.
Median Days on Market
The middle value of all days on market for properties sold in a given period.
Median Rent
The middle value of all rental prices in a given period.
Median Rental Yield
Estimated annual rent earned on a property as a percentage of its market value.
Property market insights for houses in Port Melbourne, VIC. Adjust the bedroom count for further insights.
Median sale price snapshot for houses in Port Melbourne
December 2024 - November 2025
Insights over the past 12 months
$1,606,000
Median price
Up 3.61%
206
Houses
sold
3.00%
Estimated rental yield as at November 2025
Median sale price snapshot for houses in Port Melbourne
December 2024 - November 2025
Insights over the past 12 months
$1,260,000
Median price
Down -4.55%
63
Houses
sold
2.99%
Estimated rental yield as at November 2025
Median sale price snapshot for houses in Port Melbourne
December 2024 - November 2025
Insights over the past 12 months
$1,667,500
Median price
Up 1.83%
87
Houses
sold
3.01%
Estimated rental yield as at November 2025
Median sale price snapshot for houses in Port Melbourne
December 2024 - November 2025
Insights over the past 12 months
$2,350,000
Median price
Up 9.86%
32
Houses
sold
2.93%
Estimated rental yield as at November 2025
Median sale price snapshot for houses in Port Melbourne
December 2024 - November 2025
Insights over the past 12 months
$2,524,000
Median price
10
Houses
sold
2.77%
Estimated rental yield as at November 2025
Median rental price snapshot for houses in Port Melbourne
December 2024 - November 2025
Insights over the past 12 months
$930
Median price
Up 3.33%
296
Houses
leased
Median rental price snapshot for houses in Port Melbourne
December 2024 - November 2025
Insights over the past 12 months
$740
Median price
Up 4.23%
96
Houses
leased
Median rental price snapshot for houses in Port Melbourne
December 2024 - November 2025
Insights over the past 12 months
$980
Median price
Up 1.03%
151
Houses
leased
Median rental price snapshot for houses in Port Melbourne
December 2024 - November 2025
Insights over the past 12 months
$1,200
Median price
35
Houses
leased
Median rental price snapshot for houses in Port Melbourne
December 2024 - November 2025
Insights over the past 12 months
$0
Median price
6
Houses
leased
Price and market insights over the last 12 months for houses and units in the Port Melbourne area.
Houses
$1,290,000
Median sale price
47
Median days on market
$620 per week
Median rental price
22
Median days listed
Units
$500,000
Median sale price
41
Median days on market
$550 per week
Median rental price
19
Median days listed
Houses
$1,260,000
Median sale price
26
Median days on market
$740 per week
Median rental price
19
Median days listed
Units
$740,000
Median sale price
34
Median days on market
$730 per week
Median rental price
20
Median days listed
Houses
$1,667,500
Median sale price
28
Median days on market
$980 per week
Median rental price
23
Median days listed
Units
$1,600,000
Median sale price
42
Median days on market
$1100 per week
Median rental price
21
Median days listed
Houses
$2,350,000
Median sale price
28
Median days on market
$1200 per week
Median rental price
20
Median days listed
Units
$0
Median sale price
0
Median days on market
$0
Median rental price
0
Median days listed
Houses
$0
Median sale price
0
Median days on market
$0
Median rental price
0
Median days listed
Units
$0
Median sale price
28
Median days on market
$0
Median rental price
19
Median days listed
Houses
$2,524,000
Median sale price
27
Median days on market
$0
Median rental price
21
Median days listed
Units
$0
Median sale price
0
Median days on market
$0
Median rental price
0
Median days listed
Houses
$1,606,000
Median sale price
27
Median days on market
$930 per week
Median rental price
21
Median days listed
Units
$700,000
Median sale price
36
Median days on market
$680 per week
Median rental price
20
Median days listed
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The State of Victoria owns the copyright in the property sales data and reproduction of that data in any way without the consent of the State of Victoria will constitute a breach of the Copyright Act 1968 (Cth). The State of Victoria does not warrant the accuracy or completeness of the licensed material and any person using or relying upon such information does so on the basis that the State of Victoria accepts no responsibility or liability whatsoever for any errors, faults, defects or omissions in the information supplied.