Port Melbourne
VIC 3207
Port Melbourne is an inner-city suburb in the Cities of Melbourne and Port Phillip, about 4 kilometres from the Melbourne CBD. Bay Street is the historic commercial centre, while Lorimer Street forms part of the broader employment area around the Yarra River and Hobsons Bay. The suburb was once an industrial port and now includes Fishermans Bend, Garden City and Beacon Cove.
Port Melbourne has a mixed commercial market, with warehouses and factories alongside office suites and floors in a suburb where industrial land and urban renewal meet. Docklands, Albert Park and South Melbourne are nearby commercial comparisons.
161
Active lease listings
commercial properties
$112,500
Median annual rent
asking rent across all listings
194
Median days on market
across all active listings
Lease rate trend
$268/m² p.a.
Median advertised rate
Up 7.2%
Change over 12 months
Indicative only: advertised rates across all commercial listing types and sizes in Port Melbourne. Drill down to individual listings in MarketBuddy
Listings by sector
64
Industrial, Warehouse and Factories
active lease listings
59
Offices
active lease listings
18
Retail and Shops
active lease listings
13
Medical / Consulting
active lease listings
3
Hotel and Leisure
active lease listings
2
Land and Developments
active lease listings
2
Other
active lease listings
Want to know more?
Explore commercial property insights for Port Melbourne in MarketBuddy.
Last updated 5 September 2026