Area Profile - Port Melbourne

Trusted Port Melbourne Real Estate Agents

Expert Port Melbourne Real Estate Agents offering local knowledge and industry expertise

The Port Melbourne real estate agents at Fletchers are trusted and highly experienced real estate agents who can find your dream Port Melbourne apartment or other property in no time. If you are looking to purchase real estate, sell your house/apartment, or rent a property contact our friendly Port Melbourne real estate team today for expert advice.

To browse through the latest Port Melbourne apartments and houses for sale please use our simple real estate search facility on this website or speak to one of our experienced Port Melbourne Real Estate Agents directly.

Median Port Melbourne Property Prices

The median house price recorded by the REIV in the December 2013 quarter was $1,075,000, with an annual increase of 17.2 per cent. The median unit price recorded by the REIV in the December 2013 quarter was $727,750, with an annual increase of 13.71 per cent.

Port Melbourne Real Estate and Suburb Profile Information

Historically known as Sandridge, the area now known as Port Melbourne came into prominence in the Victorian gold rush of the 1850s. It became a thriving transport hub, and continues to serve today as a transport hub for passenger and cargo vessels. Many luxury liners, naval vessels and ferries arrive at Station Pier, including the Spirit of Tasmania service to Tasmania.

Located only 5km south west from Melbourne's CBD, Port Melbourne has become an increasingly residential suburb as the importance of the port has declined. The area has undergone intense urban renewal, redeveloping with a mixture of apartment complexes and medium-density housing, as manufacturing industries have moved out of the inner city area.

Port Melbourne has undergone a demographic shift over the past twenty years, with its population now a combination of a significant number of wealthy people, with those who live in public housing.

Many of the resident families came from Greece in the 1950s, whilst newer arrivals arrive from Africa and Asia.

The suburb has many sporting facilities, such as Morris Reserve Tennis Club and the Port Melbourne Cricket Ground. It is also home to many parks and gardens, including Edwards Park, Lagoon Reserve, Murphy Reserve, and Garden City Reserve.

The 109 Tram is an excellent transport facility, extending from Port Melbourne to the terminus at Box Hill, and is integrated with various train and bus routes.

If you would like to speak to an experienced Port Melbourne real estate agent who knows the local area, please contact Fletchers and speak with one of our Port Melbourne Real Estate agents today.

Fletchers' Port Melbourne Local Area Experts :

Melbourne - Inner City

Houses For Sale in Port Melbourne and neighboring suburbs: