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Suburb Insights ยท VIC 3944

Portsea 3944, Victoria

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Portsea is a coastal suburb in Victoria, Australia, with a population of approximately 787, making it a boutique locality. Located approximately 61 km from the Melbourne CBD, Portsea is a coastal area in Victoria. The median household income is $128,440 AUD per year (ABS 2021 Census).

Investment Score

58 / 100 Moderate

Strong household incomes in Portsea underpin solid property demand. Seaside positioning attracts both owner-occupiers and holiday rental demand.

Location

Map shows Portsea, Victoria, Australia.

Key Indicators

Postcode
3944

Official Australia Post postcode for Portsea. A postcode may cover multiple suburbs.

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Population
787

Usual resident population at census night. Source: ABS 2021 Census of Population and Housing.

ABS Census Data โ†’
Median Rent (weekly)
$577/wk

Weekly median rent for occupied private dwellings. Source: ABS 2021 Census. Live rental data integration coming soon.

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Median Household Income
$128,440/yr

Annual median household income (before tax) for all households. Source: ABS 2021 Census.

ABS Census Data โ†’
Distance to CBD
61 km

Straight-line distance from the suburb centroid (ABS 2021 SAL geography) to the nearest capital city CBD. Actual driving distance will be longer.

Lifestyle & Amenities

Schools nearby
1

Estimated 1 school within or near this suburb based on ABS 2021 data.

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Parks & green spaces
1

Estimated 1 park and green spaces near this suburb. Source: ABS 2021 data.

Median Mortgage (monthly)
$2,806/mo

Monthly median mortgage repayment for households currently paying off a mortgage. Source: ABS 2021 Census.

ABS Census Data โ†’
Dwelling Type
24% houses

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 โ†’

Investment Insight

Coastal lifestyle is a strong draw for Portsea, supporting both long-term rental demand and holiday letting potential. Seaside suburbs in Victoria consistently attract interstate migration and lifestyle buyers. The median rent of $577/week (ABS 2021) indicates a mid-range rental market. Owner-occupiers face a median mortgage repayment of $2,806/month. A median household income of $128,440/year supports premium property values and indicates a well-employed resident base. With only 24% separate houses, Portsea has a significant apartment and unit market โ€” typical of inner-city investment corridors.

Investment Strategy

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Buy & Hold

A buy-and-hold approach in Portsea could work well with careful property selection and a longer time horizon.

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Rental Yield

Strong tenant demand in Portsea underpins consistent rental income and low vacancy risk.

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Renovation / Flip

The resale market in Portsea may not support quick-turnaround renovation projects.

Risk Factors

Run the numbers on a Portsea property

Full Property Analysis

30-year projections for Portsea

Scenario comparison, cash flow analysis, tax modelling, and PDF export โ€” all in one place.

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2026 Outlook

Growth: Moderate Rental Demand: Moderate Investor Sentiment: Moderate

Portsea is expected to see moderate price growth in 2026 as the broader Victoria market stabilises. The rental market in Portsea should see steady occupancy, with moderate upward pressure on rents. Portsea offers measured appeal for investors willing to look beyond headline metrics.

Frequently Asked Questions

Is Portsea a good suburb for investment?

Portsea is a coastal area in Victoria with a population of 787. The median rent is $577/week and the median household income is $128,440/year (ABS 2021 Census). As with any property investment, conduct thorough due diligence on current listings, vacancy rates, and local infrastructure plans before committing.

What drives property demand in Portsea?

Key demand drivers in Portsea include lifestyle appeal and proximity to the coast. 24% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.

What is the population of Portsea?

According to the ABS 2021 Census, Portsea has a population of approximately 787. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Portsea from the Melbourne CBD?

Portsea is approximately 61 km straight-line distance from the Melbourne CBD (calculated from ABS 2021 suburb centroid coordinates). Road travel times will vary; check current mapping services for up-to-date routes.

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