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Port Melbourne, Australia
Full City Profile
3.1
/5.0
B
Good
17,633
Population
4/sq mi density
23 ft
Elevation
7 meters
59°F
Avg Temperature
15°C
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
B
Economy
3.3 / 5.0
$46,171 median income, 4.0% unemployment
C+
Affordability
2.9 / 5.0
$304,200 home value, $1,521/mo rent
Housing Overview
Median Home Value
$304,200
8% above
US avg: $281,900
Median Rent
$1,521/mo
31% above
US avg: $1,163/mo
Homeownership Rate
55.6%
15% below US avg (65.4%)
Total Housing Units
7,053
Ownership vs. Renting
55.6%
Owner-Occupied
44.4%
Renter-Occupied
US avg: 65.4% owner-occupied
Complete Housing Data
Home Values
| Census Median Value | $304,200 |
Rent
| Census Median Rent | $1,521 |
Market
Ownership & Stock
| Owner-Occupied | 55.6% |
| Renter-Occupied | 44.4% |
| Homeownership Rate | 55.6% |
| Total Housing Units | 7,053 |