Port Melbourne, VIC

588 sales · 2025 · Victorian Valuer General

Port Melbourne recorded 588 residential sales in 2025, comprising Apartments at a median of $760,000 (371 sales); Houses at a median of $1,550,000 (150 sales); and Townhouses at a median of $1,271,000 (67 sales). The median apartment price was $760,000.
Median price
$760k
Apartments · Annual · VGV 2025
Sales (2025)
371
Active market
Price range
$760k–$760k
10th–90th pct
Budget access and price distribution are estimated from NSW market distribution curves — individual sale records are not publicly available in Victoria. See methodology.
BudgetMarket accessGradeEst. properties
$500,000 ~15% D — Very limited ~56 of 371
$625,000 ~31% C — Limited ~115 of 371
$750,000 ~49% B — Competitive ~182 of 371
$1,025,000 ~77% A — Strong access ~286 of 371
Budget access and price distribution are estimated from NSW market distribution curves — individual sale records are not publicly available in Victoria. See methodology.
Under $400k
~5%
$400k–$600k
~22%
$600k–$900k
~39%
$900k–$1.4M
~27%
Over $1.4M
~6%

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What is the median apartment price in Port Melbourne?

The median apartment price in Port Melbourne was $760,000 in 2025, based on 371 recorded sales from the Victorian Valuer General.

Is Port Melbourne affordable on a $625,000 budget?

A $625,000 budget gives access to an estimated 31% of the Port Melbourne apartment market (estimated from market distribution curves).

How many apartments sold in Port Melbourne in 2025?

371 apartments were recorded in Port Melbourne in 2025 by the Victorian Valuer General. This classifies it as an active market (30+ sales per year).

What is the price range for apartments in Port Melbourne?

Sale prices in Port Melbourne ranged from $760,000 (10th percentile) to $760,000 (90th percentile) in 2025.