Portsea at a glance
Median house
$2,825,000
Median unit
$444,240
Walk score
0
Very car dependent
Population
787
Median age 68
The brief
What to know about Portsea.
The postcode for Portsea is 3944 (VIC), part of Greater Melbourne.
The median house price in Portsea is $2,825,000.
Portsea (3944) sits in the Mornington Peninsula region of Victoria. The median house here is $2,825,000, well above the Victoria median of around $850K.
Portsea has roughly 787 residents, with a retiree-heavy demographic. Households are predominantly owner-occupied. Daily life is car-dependent: most residents drive to work, school and the shops.
Side by side
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Median, growth, schools, walkability, all in one view.
Day to day
What it’s like to live here.
Portsea scores 0/100 on walkability, which makes it car-dependent with limited public transport. Plan for two cars in a typical household, especially if work isn't local.
Summer days here average around 25°C (mild), winter mornings around 3°C (cold). Annual rainfall lands at about 612mm. Data comes from the Bureau of Meteorology's Geelong Racecourse station, 83.9km away.
Schooling within or near the suburb covers 3 government primary, 2 Catholic.
Who lives here
Demographics.
The 2021 Census put Portsea's population at 787, with a median age of 68. That sits as a retiree-heavy demographic. Households are predominantly owner-occupied (91% own, 7% rent), which shapes everything from school catchment stability to how often properties turn over. The household mix skews family-dominated (65% family households, 35% lone person), so amenity decisions tend to follow what families want: parks, schools, supermarkets.
Population
787
Median age
68
Family households
65%
Lone person
35%
Demographics data as of May 2026· ABS 2021 Census
Houses change hands at $2,825,000 on a typical sale, well above the Victoria median. Units come in around $444,240, roughly 84% below the house median.
For buyers
A 20% deposit on the median house works out to roughly $565,000. 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
$2,825,000
+0.0% over the past year. Median unit price $444,240.
Sales data as of May 2026· sales-vic
Rental and ownership
Weekly rent (house)
$570/wk
Weekly rent (unit)
$478/wk
Owner occupied
91%
Renter occupied
7%
At a deeper level
$2,825,000
$444,240
787
Median age: 68
Rental data as of September 2025· rental-vic
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For investors
Investment overview.
Gross rental yield on houses sits at 1.05% (median rent $570/wk against a $2,825,000 price tag). Units yield 5.60% gross, often the better cash-flow play for first-time investors. Renter share is modest (7%), so the rental pool is smaller and tenant demand can be patchier than in higher-density suburbs.
Gross Yield (House)
Source: Land Victoria / DTP · May 20261.05%
Based on $2,825,000 median
Gross Yield (Unit)
Source: Land Victoria / DTP · May 20265.60%
Based on $444,240 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 202691%
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.
51
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.
0
0
5
Scores calculated from OpenStreetMap data (ODbL)
Walkability data as of May 2026· OpenStreetMap
Place
Location.
Amenities
Transport
Education
Schools in Portsea.
Local schools for Portsea
View the catchment for each school to find out more.
Government School Catchment
Sorrento Primary School
Queenscliff Primary School
Point Lonsdale Primary School
© ACARA, licensed under CC BY 4.0.
Climate
Weather year-round.
Annual Rainfall
612 mm
Hottest Month (avg max)
25.6°C
Coldest Month (avg min)
3.0°C
Monthly Rainfall (mm)
Weather data from BOM station Geelong Racecourse (84 km away)
Climate data as of May 2026· Bureau of Meteorology
Frequently asked
About Portsea.
- What is the median house price in Portsea?
- The median house price in Portsea, VIC 3944 is $2,825,000. The median unit price is $444,240.
- What is the Portsea postcode?
- Portsea is in the 3944 postcode, in VIC, in the Mornington Peninsula Shire Council region.
- Where is Portsea?
- Portsea is a suburb of Melbourne, in VIC 3944. It is part of the Greater Melbourne area, in the Mornington Peninsula Shire Council region.
- What is the average rent in Portsea?
- The median weekly rent for houses is $570, for units it's $478.
- What schools are in Portsea?
- There are 5 schools serving Portsea on this page, including St Joseph's School, Sorrento Primary School, St Aloysius' School.
- How walkable is Portsea?
- Portsea has a Walk Score of 0 out of 100, highly car-dependent. transit score 0, bike score 5.
- What suburbs are near Portsea?
- Portsea is close to Sorrento, Blairgowrie, Swan Island, Queenscliff, Point Lonsdale.
- What is the population of Portsea?
- The population of Portsea is approximately 787 (2021 Census). The median age is 68.
For Sale
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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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