Pulling the latest suburb data
Crunching safety, prices and growth — this takes a moment for suburbs we haven't loaded recently.
Crunching safety, prices and growth — this takes a moment for suburbs we haven't loaded recently.
Port Phillip LGA · VIC
Signal · Higher risk
For an investor,
A read of Port Melbourne's fundamentals as they stand — not a price forecast. The scorecard below rates each factor so you can weigh the ones that matter to you.
The draw is strong affordability (mortgage ≈24% of local income · affordable); the watch-out is weak growth (-3% / ~5 yrs).
Pocket and street selection matter more than the suburb average.
Suburb highlights
Port Melbourne ranks 2nd of 6 among its Port Phillip peers on the Suburb Score for a balanced buyer.
| Suburb | Median | 5-yr growth | Yield | Safety |
|---|---|---|---|---|
| Albert Park | $2.31m | +21% | 2.2% | High activity |
| Port MelbourneThis suburb | $1.56m | −3% | 3.2% | High activity |
| Ripponlea | $1.83m | −8% | 2.6% | Around average |
What could go wrong
Prices eased 3.2% over the year — strong +56% over the longer run.
By bedroom 2-bed $1.27m · 3-bed $1.67m · 4-bed $2.33m
Balanced rental market — neither tight nor oversupplied.
Approvals are outpacing demand — incoming supply can cap price and rent growth.
Sells faster than the VIC median — a competitive market for buyers.
Population growth is the clearest leading indicator of housing demand. Port Melbourne grew −0% between 2015 and 2025, and is projected +31% more by 2036.
A comparative guide, not a household-level stress rate.
The report goes the next mile — your numbers run on the Port Melbourne median, tuned to your goal, in one document to take to inspections.
Established, premium market — 34/100 on growth-and-yield fundamentals. Blue-chip prices come with lower yields and slower growth — the trade-off for stability, not weak fundamentals.
Adjust the basics and see the headline return update live.
Our verdict
Hard to justify for a balanced focusEvery figure on Port Melbourne's page comes from free, public government data — no scraped listings. Some datasets carry a reporting lag (e.g. Census is 2021, ABS releases settle a quarter behind), so read them as a considered starting point, not live quotes.
Ask PropSignal AI about prices, yields and growth, or compare it with your shortlist. Free.
Indicative only; not financial or safety advice.