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
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 |
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 |
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.
46-48 WHITING ST, ST KILDA, SA, 5110 | 0 | 0 | 0 | 299000 |
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)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 0.8 | 17.1 | 30.9 | 27.3 | 71.4 | 4.7 | 27.3 |
Feb | 1.4 | 16.9 | 29.6 | 31.3 | 73.4 | 4.4 | 23.5 |
Mar | 0.5 | 14.5 | 27.1 | 32.0 | 77.0 | 4.2 | 18.7 |
Apr | 1.2 | 12.0 | 23.3 | 37.9 | 80.8 | 4.0 | 13.5 |
May | 1.5 | 9.7 | 19.1 | 49.4 | 86.5 | 4.0 | 10.8 |
Jun | 1.7 | 6.8 | 16.1 | 56.7 | 90.4 | 4.0 | 9.2 |
Jul | 1.6 | 6.4 | 15.7 | 56.0 | 90.4 | 4.5 | 9.4 |
Aug | 1.4 | 6.2 | 16.3 | 50.4 | 88.9 | 4.5 | 12.1 |
Sept | 1.3 | 8.4 | 19.9 | 42.5 | 86.9 | 5.0 | 17.0 |
Oct | 0.9 | 10.6 | 23.4 | 34.0 | 82.6 | 4.8 | 21.5 |
Nov | 0.7 | 13.1 | 26.6 | 28.6 | 77.8 | 5.0 | 26.2 |
Dec | 0.8 | 15.4 | 29.2 | 26.8 | 72.4 | 5.1 | 28.0 |
source: Australian Government Bureau of Meteorology
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