Port Melbourne at a glance
Median house
$1,500,000
Median unit
$685,000
Walk score
32
Car dependent
Population
17.6k
Median age 42
The brief
What to know about Port Melbourne.
The postcode for Port Melbourne is 3207 (VIC), part of Greater Melbourne.
The median house price in Port Melbourne is $1,500,000.
Port Melbourne (3207) sits in the Melbourne region of Victoria. The median house here is $1,500,000, well above the Victoria median of around $850K.
Port Melbourne has roughly 17,633 residents, with a typical family-age mix. Households are a roughly even mix of owners and renters. Daily life is car-friendly: most residents drive to work, school and the shops.
Side by side
Compare Port Melbourne with a nearby suburb.
Median, growth, schools, walkability, all in one view.
Day to day
What it’s like to live here.
Port Melbourne scores 32/100 on walkability, which makes it car-friendly with limited public transport. Plan for two cars in a typical household, especially if work isn't local.
Summer days here average around 26°C (mild), winter mornings around 7°C (cool). Annual rainfall lands at about 639mm. Data comes from the Bureau of Meteorology's Melbourne (Olympic Park) station, 64.9km away.
Schooling within or near the suburb covers 10 government primary, 3 government secondary, 4 Catholic.
Who lives here
Demographics.
The 2021 Census put Port Melbourne's population at 17,633, with a median age of 42. That sits as a typical family-age mix. Households are a roughly even mix of owners and renters (54% own, 43% rent), which shapes everything from school catchment stability to how often properties turn over. Lone-person households are notable here (37%), often a marker of unit-heavy stock and walkable infrastructure.
Population
17,633
Median age
42
Family households
59%
Lone person
37%
Demographics data as of May 2026· ABS 2021 Census
Houses change hands at $1,500,000 on a typical sale, well above the Victoria median. Units come in around $685,000, roughly 54% below the house median.
For buyers
A 20% deposit on the median house works out to roughly $300,000. Prices sit well above the Victoria median, so plan for a stretched deposit and shop carefully on borrowing capacity.
Market
The price of a home here.
Median house price
$1,500,000
+0.0% over the past year. Median unit price $685,000.
Sales data as of May 2026· sales-vic
Rental and ownership
Weekly rent (house)
$795/wk
Weekly rent (unit)
$540/wk
Owner occupied
54%
Renter occupied
43%
At a deeper level
$1,500,000
$685,000
17,633
Median age: 42
Rental data as of September 2025· rental-vic
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For investors
Investment overview.
Gross rental yield on houses sits at 2.76% (median rent $795/wk against a $1,500,000 price tag). Units yield 4.10% gross, often the better cash-flow play for first-time investors. With 43% of households renting, the leasing market is established and vacancy risk tends to be lower than in owner-dominated suburbs.
Gross Yield (House)
Source: Land Victoria / DTP · May 20262.76%
Based on $1,500,000 median
Gross Yield (Unit)
Source: Land Victoria / DTP · May 20264.10%
Based on $685,000 median
Annual Growth (House)
Source: Land Victoria / DTP · May 2026–
Year-on-year capital growth
Annual Growth (Unit)
Source: Land Victoria / DTP · May 2026–
Year-on-year capital growth
Owner Occupancy
Source: ABS Census 2021 · May 202654%
Higher = more owner-occupier demand
Days on Market
Source: Land Victoria / DTP · May 2026–
Lower = higher buyer demand
Gross rental yield is annual rent divided by purchase price, before expenses. It does not account for vacancy rates, management fees, maintenance, or financing costs. Use this as a starting point for further research.
Safety
Crime and safety.
2,401
total offences in 2025
Top offence categories
Crime statistics are reported at LGA level and may cover a broader area than this suburb.
Source: State Police Open Data
Crime data as of December 2025· State Police Open Data
Getting around
Walkability.
32
0
100
Scores calculated from OpenStreetMap data (ODbL)
Walkability data as of May 2026· OpenStreetMap
Place
Location.
Amenities
Transport
Education
Schools in Port Melbourne.
Local schools for Port Melbourne
View the catchment for each school to find out more.
Government School Catchment
Port Melbourne Secondary College
Port Melbourne Primary School
Port Phillip Specialist School
© ACARA, licensed under CC BY 4.0.
Climate
Weather year-round.
Annual Rainfall
639 mm
Hottest Month (avg max)
26.0°C
Coldest Month (avg min)
6.5°C
Monthly Rainfall (mm)
Weather data from BOM station Melbourne (Olympic Park) (65 km away)
Climate data as of May 2026· Bureau of Meteorology
Frequently asked
About Port Melbourne.
- What is the median house price in Port Melbourne?
- The median house price in Port Melbourne, VIC 3207 is $1,500,000. The median unit price is $685,000.
- What is the Port Melbourne postcode?
- Port Melbourne is in the 3207 postcode, in VIC, in the City of Melbourne region.
- Where is Port Melbourne?
- Port Melbourne is a suburb of Melbourne, in VIC 3207. It is part of the Greater Melbourne area, in the City of Melbourne region.
- What is the average rent in Port Melbourne?
- The median weekly rent for houses is $795, for units it's $540.
- What schools are in Port Melbourne?
- There are 20 schools serving Port Melbourne on this page, including Port Melbourne Secondary College, Port Melbourne Primary School, Port Phillip Specialist School.
- How walkable is Port Melbourne?
- Port Melbourne has a Walk Score of 32 out of 100, car-dependent for most errands. transit score 0, bike score 100.
- What suburbs are near Port Melbourne?
- Port Melbourne is close to Garden City, West Melbourne, Docklands, South Wharf, Albert Park.
- What is the population of Port Melbourne?
- The population of Port Melbourne is approximately 17,633 (2021 Census). The median age is 42.
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Port Melbourne
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Side by side
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Sources cited
Median, growth and rental data from state revenue offices and ABS. Census from ABS 2021. Climate from BoM. Hazard from Geoscience Australia. School data from ACARA. Crime from state police open data. Full methodology →
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