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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.

HousesUnits
Median price
Past 3 months
N/AN/A
Change in value
Past 12 months
71.1%N/A
Sold
Past 3 months
7N/A
Median days on market
Past 12 months
150N/A
Average rent
Past 12 months
N/AN/A
Change in rent
Past 12 months
N/AN/A

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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.

Choose the right real estate agents in Port Albert

Choosing the right real estate agent in Port Albert can have a big impact on your sale. While there are 6 real estate agents working in the suburb, but just 5 of them were responsible for 94.7% of all property sales over the past year, showing a strong footprint and track record in the area.

Commission rates typically range from 2.11% to 3.13%, depending on the agent and what’s included. Comparing both performance and fee structures can help you find someone who's well-suited to your needs, and set them up for a successful result.

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