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Port Phillip
VIC, 3182

Thinking about buying in Port Phillip? Now could not be a better time, with 24335 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $1,066,000 with prices in this suburb ranging from $16,000 to $52,131,000. Port Phillip is located very near to the coast so expect stunning views of the ocean and access to beaches. Demand is likely to be very strong in this location which will support higher prices

Household Makeup

Median Weekly Rent $391.80
Median Monthly Mortgage $2060.05
Median Persons Per Bedroom 0.98
Average Household Size 2.02
Average Age 37.84
Average Income $1221.75
Average Cars Per Dwelling 1.01
Average Properties Within 50M 191

Housing Stock

Average Property Prices

1 Bed  $563,000
2 Bed  $941,000
3 Bed  $2,253,000
4 Bed  $3,668,000
5 Bed  $3,241,000
6 Bed+$2,949,000

Port Phillip Real Estate Market Outlook

Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Port Phillip due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. Low average earnings from people in Port Phillip leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. 'Lower than average population density constrains growth in Port Phillip to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. With very low industrial sector presence in Port Phillip the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.

Properties for sale Port Phillip

Ray White 46-48 WHITING ST, ST KILDA, SA, 5110 Beds0 Bathrooms0 Parking 0 299000

Local Schools

St Kilda Primary School

St Kilda Park Primary School

St Michael's Grammar School

Cheder Levi Yitzchok Inc

Yesodei HaTorah College

Presentation College Windsor

Windsor Primary School

Christian Brothers' College

St Mary's School

Victorian College For The Deaf

(While the above schools are located with the suburb of Port Phillip there may also be nearby schools whose catchments cover this suburb)

Local Crime Rate

Incidents Trend State Average

We are currently collecting information for this location.

Port Phillip weather - Average Local Climate by month

(mm)
RAIN
Min (°C)
TEMP
Max (°C)
TEMP
Min (%)
HUMIDITY
Max (%)
HUMIDITY
(m/sec)
WIND
(MJ/sq m)
SOLAR
Jan0.817.130.927.371.44.727.3
Feb1.416.929.631.373.44.423.5
Mar0.514.527.132.077.04.218.7
Apr1.212.023.337.980.84.013.5
May1.59.719.149.486.54.010.8
Jun1.76.816.156.790.44.09.2
Jul1.66.415.756.090.44.59.4
Aug1.46.216.350.488.94.512.1
Sept1.38.419.942.586.95.017.0
Oct0.910.623.434.082.64.821.5
Nov0.713.126.628.677.85.026.2
Dec0.815.429.226.872.45.128.0

source: Australian Government Bureau of Meteorology


Internet Speed


Nearby Suburbs

St KildaBalaclavaWindsorSt Kilda EastElwoodRipponleaPrahranMiddle ParkSouth YarraAlbert Park

Public Transport


General Points of Interest

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