ABS 2021 Census · Updated 31 March 2026
Port Melbourne is an outer-metropolitan suburb of Melbourne, Australia, with a population of approximately 17,633, making it a smaller community. Located 4 km from the Melbourne CBD, Port Melbourne is a outer metro area in Victoria. The median household income is $123,344 AUD per year (ABS 2021 Census).
Strong household incomes in Port Melbourne underpin solid property demand. The short commute to the city centre is a key demand driver.
Map shows Port Melbourne, Victoria, Australia.
Official Australia Post postcode for Port Melbourne. A postcode may cover multiple suburbs.
Australia Post Postcode Finder →Usual resident population at census night. Source: ABS 2021 Census of Population and Housing.
ABS Census Data →Weekly median rent for occupied private dwellings. Source: ABS 2021 Census. Live rental data integration coming soon.
State Rental Authority →Annual median household income (before tax) for all households. Source: ABS 2021 Census.
ABS Census Data →Straight-line distance from the suburb centroid (ABS 2021 SAL geography) to the nearest capital city CBD. Actual driving distance will be longer.
Estimated 4 schools within or near this suburb based on ABS 2021 data.
Find schools near Port Melbourne on My School →Estimated 7 parks and green spaces near this suburb. Source: ABS 2021 data.
Monthly median mortgage repayment for households currently paying off a mortgage. Source: ABS 2021 Census.
ABS Census Data →Proportion of separate houses vs units, townhouses, and other dwelling types. Source: ABS 2021 Census. Relevant for investors assessing rental demand mix.
ABS Census Data →Port Melbourne's outer-metropolitan position means more affordable entry points for investors, with potential for capital growth as infrastructure extends outward. Demand is often driven by young families seeking space and value. The median rent of $540/week (ABS 2021) indicates a mid-range rental market. Owner-occupiers face a median mortgage repayment of $2,500/month. A median household income of $123,344/year supports premium property values and indicates a well-employed resident base. With only 5% separate houses, Port Melbourne has a significant apartment and unit market — typical of inner-city investment corridors.
A buy-and-hold approach in Port Melbourne could work well with careful property selection and a longer time horizon.
Strong tenant demand in Port Melbourne underpins consistent rental income and low vacancy risk.
Renovation projects in Port Melbourne can capture the gap between unrenovated and updated property prices.
Run the numbers on a Port Melbourne property
Scenario comparison, cash flow analysis, tax modelling, and PDF export — all in one place.
Create free account →Port Melbourne is expected to see moderate price growth in 2026 as the broader Victoria market stabilises. Tenants in Port Melbourne have options — presenting well-maintained properties is key to minimising vacancy. Port Melbourne remains on the radar of active property investors in Victoria.
Port Melbourne is a outer metro area in Victoria with a population of 17,633. The median rent is $540/week and the median household income is $123,344/year (ABS 2021 Census). As with any property investment, conduct thorough due diligence on current listings, vacancy rates, and local infrastructure plans before committing.
Key demand drivers in Port Melbourne include affordability relative to inner suburbs and expanding infrastructure. 5% of dwellings are separate houses. The area has approximately 4 schools and 7 parks nearby.
According to the ABS 2021 Census, Port Melbourne has a population of approximately 17,633. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.
Port Melbourne is approximately 4 km straight-line distance from the Melbourne CBD (calculated from ABS 2021 suburb centroid coordinates). This close proximity means excellent access to employment, dining, and entertainment.