Port Melbourne is Melbourne's ultimate bay-beach inner-city suburb — a sophisticated precinct of beautiful Victorian worker heritage homes, grand Edwardian buildings, and premium modern apartments where Bay Street's outstanding café and restaurant strip, the Port Melbourne Beach foreshore, and walking distance to Melbourne CBD (or a quick tram ride) deliver a lifestyle unique in Australia. Its persistent demand from affluent families and professionals seeking both sea and city creates exceptional long-term price support. At the current $1.7m median house price, an 80% loan at 6.25% over 30 years is about $8,374 per month.
| Median house price | $1,700,000 |
|---|---|
| Median unit price | $800,000 |
| Estimated monthly repayment | $8,374 at 80% LVR, 6.25%, 30 years |
| Annual price growth | 5.5% |
| Gross rental yield | 3.5% |
| Typical days on market | 20 |
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