Port Melbourne is an average performer in VIC when comparing median price capital growth over the last year. Port Melbourne gave property investors a average capital gain figure when compared to the rest of the state, with 13.71%.
Across a shorter period, Port Melbourne, 3207 has seen a median price increase of 7.21% over the last quarter.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Port Melbourne, 3207. Typically our figures indicate that -1.92% is being offered, which puts this VIC suburb at 3679th most discounted overall in Australia.
Property investors should expect to get $670 weekly from the median priced house in this suburb.
Property investors who have had real estate in Port Melbourne, 3207 should be relatively unhappy with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 0.70%
When looking at the potential capital gains offered to property investors over the last 3 years, Port Melbourne comes in at number 310th in VIC.
Sellers are offering property buyers an average discount of -4.49% to buyers in Port Melbourne at the moment, which is less than average for the rest of VIC.
Often selling an investment property can take time, and in Port Melbourne the average time real estate has been on the market is 68.51 days.