Port Albert suburb profile
Port Albert is a small historic port town on Corner Inlet in South Gippsland, set where the Albert River meets the tidal flats and Bass Strait. It has a maritime character centred on a working jetty and boat ramp, so days are often spent fishing, boating and birdwatching in the surrounding wetlands. The built form is low rise and informal, with weatherboard cottages, holiday houses on waterfront blocks and a smattering of rural properties, attracting a mix of long-term residents, retirees and people with holiday homes. Local life is quiet and coastal, with basic services clustered near the waterfront and road access to nearby towns for bigger needs.
Port Albert property market performance
Like many smaller suburbs, Port Albert sees relatively few property sales, so there isn't enough recent data to publish a reliable median price for houses or units. The figures that are available show house values have risen sharply, up 71.1% over the last 12 months.
There were 7 house sales over the last 3 months. Houses sold in a median of 150 days over the last 12 months.
| Houses | Units | |
|---|---|---|
Median price Past 3 months | N/A | N/A |
Change in value Past 12 months | 71.1% | N/A |
Sold Past 3 months | 7 | N/A |
Median days on market Past 12 months | 150 | N/A |
Average rent Past 12 months | N/A | N/A |
Change in rent Past 12 months | N/A | N/A |
Port Albert demographics
A small community of 403 people, with a median age of 59. The median total household income is $981 a week, roughly $51,012 a year.
Family composition is led by couple families without children, which make up 65.1% of families (71 families). Couple families with children account for 22.0% (24 families), and one-parent families are 12.8% (14 families).
Homes in Port Albert are mostly owner-occupied, with 53.4% owned outright (86 households) and a further 31.1% owned with a mortgage (50 households), combining to about 84.5% owner-occupied. Renters make up 15.5% (25 households).
Suburbs near Port Albert
Some popular suburbs near Port Albert include:
How does Port Albert compare to nearby suburbs?
- House price growth: Over the past 12 months, house prices in Port Albert have grown 71.1% higher than in Yarram.
- Selling speed for houses: Properties in nearby Yarram are selling 38.7% faster than in Port Albert.

