12/334 Princes Street

Port Melbourne VIC 3207

The size of Port Melbourne is approximately 10.1 square kilometres. It has 34 parks covering nearly 11.2% of total area. The population of Port Melbourne in 2016 was 16175 people. By 2021 the population was 17633 showing a population growth of 9.0% in the area during that time. The predominant age group in Port Melbourne is 30-39 years. Households in Port Melbourne are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Port Melbourne work in a professional occupation.In 2021, 54.30% of the homes in Port Melbourne were owner-occupied compared with 50.50% in 2016.

Port Melbourne has 13,418 properties. Over the last 5 years, Houses in Port Melbourne have seen a 0.86% increase in median value, while Units have seen a 2.21% increase. As at 30 April 2026:

• The median value for Houses in Port Melbourne is $1,665,068 while the median value for Units is $842,420.
• Houses have a median rent of $893 while Units have a median rent of $730.