$540 ▲ +20.0%
Higher than 95% of suburb / locality areas.
- 2011: $450
- 2016: $496
- 2021: $540
Median weekly rent paid by households renting their home.
Port Melbourne · Suburb / Locality
Housing & Dwellings in Port Melbourne
Where and how people live — the homes, how they are held, and what they cost.
Renting and apartment living have become the dominant features of Port Melbourne. The area is now defined by high housing costs, with the typical weekly rent of $540 sitting among the highest in the region. This shift away from traditional houses has created a landscape where most people live in flats or townhouses.
$540
▲ +20.0%
- $0–$25: 37 areas
- $25–$50: 86 areas
- $50–$75: 199 areas
- $75–$100: 214 areas
- $100–$125: 525 areas
- $125–$150: 343 areas
- $150–$175: 699 areas
- $175–$200: 597 areas
- $200–$225: 1183 areas
- $225–$250: 724 areas
- $250–$275: 1277 areas
- $275–$300: 787 areas
- $300–$325: 1282 areas
- $325–$350: 618 areas
- $350–$375: 935 areas
- $375–$400: 570 areas
- $400–$425: 763 areas
- $425–$450: 288 areas
- $450–$475: 415 areas
- $475–$500: 176 areas
- $500–$525: 204 areas
- $525–$550: 79 areas
- $550–$575: 125 areas
- $575–$600: 70 areas
- $600–$625: 97 areas
- $625–$650: 21 areas
- $650–$675: 54 areas
- $675–$700: 145 areas
All suburb / locality areas, 2021. The marker is Port Melbourne — higher than 95% of areas.
Housing costs
Rents, mortgages and crowding.
Housing is expensive here, with the typical monthly mortgage of $2,500 and weekly rent of $540 both sitting well above the Victorian and national figures. Over 40% of households with mortgages pay $3,000 or more each month.
$2,500 ▼ -1.4%
Higher than 88% of suburb / locality areas.
- 2011: $2,535
- 2016: $2,500
- 2021: $2,500
Median monthly mortgage repayment for households with a mortgage.
Weekly rent distribution
View on map →Port Melbourne splits fairly evenly between $350–$549 (31%) and $550–$749 (28%), with $750 or more at 21%.
Monthly mortgage distribution
View on map →In Port Melbourne, the largest group is $3,000 or more at 43%, followed by $1,800–$2,999 (29%) and $1,000–$1,799 (16%).
Owning & renting
How homes are owned or rented.
Renting is far more common here than in the rest of the state, with 43.3% of households renting. Meanwhile, the proportion of people who own their home outright is much lower than most areas at 25.8%.
43.3% ▼ -6.8%
Higher than 89% of suburb / locality areas.
- 2011: 46.5%
- 2016: 46.5%
- 2021: 43.3%
Share of occupied private dwellings that are rented.
25.8% ▲ +8.2%
Lower than 85% of suburb / locality areas.
- 2011: 23.8%
- 2016: 24.5%
- 2021: 25.8%
Share of occupied private dwellings owned outright (no mortgage).
How homes are owned or rented
View on map →In Port Melbourne, the largest group is Rented at 43%, followed by Owned with a mortgage (28%) and Owned outright (26%).
Types of homes
Houses, townhouses, apartments and bedrooms.
Apartments and townhouses make up nearly all the housing, as only 6% of homes are separate houses. This lack of larger homes is reflected in the fact that homes with three or more bedrooms are far below the national and state figures.
0.90 ▼ -18.2%
Higher than 86% of suburb / locality areas.
- 2011: 1.10
- 2016: 0.90
- 2021: 0.90
Average number of usual residents per bedroom — a crowding measure.
6.0% ▼ -42.6%
Lower than 99% of suburb / locality areas.
- 2011: 10.4%
- 2016: 4.9%
- 2021: 6.0%
Share of occupied private dwellings that are separate houses.
42.3% ▲ +5.3%
Lower than 95% of suburb / locality areas.
- 2011: 40.2%
- 2016: 38.4%
- 2021: 42.3%
Share of occupied private dwellings with three or more bedrooms.
Types of homes
View on map →In Port Melbourne, the largest group is Flat or apartment at 50%, followed by Townhouse / semi-detached (44%) and Separate house (6%).
Bedrooms per home
View on map →In Port Melbourne, the largest group is 2 bedrooms at 42%, followed by 3 bedrooms (34%) and 1 bedroom (15%).
Sources
- Census of Population and Housing — Australian Bureau of Statistics, 2021 (CC BY 4.0).
More for Port Melbourne
Cite this page
Australian Bureau of Statistics. (2021). Housing & Dwellings in Port Melbourne [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sal/SAL22107/port-melbourne/topic/housing-dwellings