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Suburb profile ·Mornington Peninsula LGA · VIC ·3944

Portsea VIC 3944

Portsea is in Mornington Peninsula LGA, VIC, postcode 3944, with population 787.

Median house $3.1M -18.9% YoY
Median rent $577/wk Market rent signal
Gross yield 1.0% Low yield band
Population 787 787 local footprint
Schools No matched school data
Decision trust

Strong evidence

Portsea has enough direct local evidence for a first-pass decision.

Direct signals include Property prices, Crime, Transport, and Population growth. Missing or weaker areas are still shown so the page does not overstate precision.

5
Available
1
Verify
2
Missing
Development momentum

544 latest-year approvals in Mornington Peninsula, +0.0% YoY; population +0.8% YoY (0.2% 5yr).

Open development signals
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Current status
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Source & freshness

QuickProperty mixes release files, Census baselines, and matched local services on this page. Read the status panel before treating every metric as equally fresh.

PRICE POSTURE
Manual release files still matter here.

Manual release files parsed into suburb prices

RENT POSTURE
Rent is falling back to Census, not a market feed.

This gives you directional coverage, but it is weaker than a current rent release.

SERVICE POSTURE
Service coverage is matched locally, not inferred nationally.

Schools, transport, and hospitals are useful as presence signals, but they still have different source cadences.

Data status
Property prices
VIC Property Sales Report · 2023 · Manual release refresh
fragile source · automated · every update · annual
Available
Market rent
ABS Census 2021 · Using Census rent fallback
stable source · manual file · snapshot · census-cycle
Verify
Crime
VIC Crime Statistics Agency · Year ending Dec 2025 · Area-level release dataset
medium stability · mixed acquisition · mixed refresh · mixed
Available
Schools
ACARA 2025 · No local school matches exposed
medium stability · manual file · snapshot · annual
Missing
Hospitals
AIHW · No linked local hospital coverage
medium stability · manual file · snapshot · mixed
Missing
Transport
GTFS feeds · 18 matched stops/stations
medium stability · manual file · snapshot · mixed
Available
Population growth
ABS ERP · 2025 · Annual estimate series
stable source · automated · every update · annual
Available
Building approvals
ABS Building Approvals · 2026 · Annual release series
stable source · automated · every update · monthly
Available
Available means a direct local dataset is linked. Verify means coverage exists but freshness or precision is weaker, such as Census rent fallback or low-confidence hospital matching.
Evidence depth
Strong evidence

Portsea has enough direct local evidence for a first-pass decision.

Direct signals include Property prices, Crime, Transport, and Population growth. Missing or weaker areas are still shown so the page does not overstate precision.

Next step

Use compare to test the suburb against another candidate, then validate financial assumptions in the calculator where available.

Direct
5

Property prices, Crime, Transport, Population growth

Verify
1

Market rent

Missing
2

Schools, Hospitals

Decision intelligence
Premium-market

Portsea currently reads as a premium-market candidate with a livability-led secondary angle.

Transport coverage adds a practical access signal. Higher SEIFA context supports a stronger local-quality read. Premium pricing raises the bar for yield, affordability, and downside checks. Gross yield looks low for an income-first use case.

Recommended next step

Compare it against one challenger, then use the AU calculator to model the financial case.

Why it fits

Transport coverage adds a practical access signal. Higher SEIFA context supports a stronger local-quality read.

What to check

Premium pricing raises the bar for yield, affordability, and downside checks. Gross yield looks low for an income-first use case. Small local population makes the signal set more fragile.

Decisive gaps

Schools

Compare status

Compare-ready

Why people look here Intent
  • Buyers want a quick sense of price, schools, and neighbourhood scale before getting lost in data.
  • Investors want to know whether rent, yield, and affordability broadly support the suburb story.
  • Researchers want one place that ties property, demographics, transport, and services together.
Local signals Mixed
Schools: No local school matches exposed.
Crime: 7,089 per 100k at the Mornington Peninsula LGA level.
Transport: 18 matched stops/stations across local feeds.

Price history

HousesUnits

Full data detail

Portsea VIC

Postcode 3944 · Mornington Peninsula LGA

Portsea is a small community in Victoria within the Mornington Peninsula local government area (postcode 3944). With a population of 787, the suburb has an older demographic with a median age of 68. Households earn a median income of $128K per year, with an average household size of 1.8 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.8% year-on-year at the LGA level. VIC employment has moved +0.9% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. VIC also had 45 Commonwealth-backed major projects under construction, 17 underway, and 27 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are managers, professionals, sales. Employment in the area leans toward professional services and finance & insurance. The top ancestries reported are English, Australian, Irish.

The median house price in Portsea is $3.1 million, having dropped significantly 18.9% over the past year. The median weekly rent is $577 (Census 2021). This gives a gross rental yield of approximately 1.0%. The median monthly mortgage repayment is $2,806.

Public transport access includes 18 bus stops. The crime rate in the Mornington Peninsula LGA is moderate at 7,089 incidents per 100,000 population.

From an investment perspective, Portsea offers a gross rental yield of 1.0%, rated as low yield. Property prices are above the state median ($3.1M/$875K), placing it in the premium segment. The price-to-income ratio of 24.2x is considered stretched. House prices have moved -18.9% year-on-year. Population growth of +0.8% year-on-year indicates stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.

Investment signals
Rental Yield1.0% Low Yield
Price vs State$3.1M/$875K Above Median
Affordability24.2x Stretched
Price Momentum-18.9% Falling
Pop. Growth+0.8% Stable
Development+0% Steady
SEIFA index (ABS) — 1 = most disadvantaged, 10 = most advantaged
Advantage10/10
Education10/10
Economic10/10
Disadvantage10/10
Latest prices (state valuers)
Median house
$3.1M
-18.9% YoY
Census 2021 (ABS)
Median rent /wk
$577
Population
787
Demographics
Median age68
Household size1.8
HH income /wk$2,470
Personal income /wk$1541
Mortgage /mth$2,806
Crime (Mornington Peninsula LGA)
Crime rate (per 100k)7,089
Total incidents12,194
Transport
Bus stops18
Population growth (Mornington Peninsula LGA)
Population (2025)172,217
5-year growth+0.2% CAGR
YoY change+0.8%
Development (Mornington Peninsula LGA)
Approvals (2026)544
Houses369
Units176
YoY change+0%
Data status
Property prices
VIC Property Sales Report · 2023 · Release dataset
Available
Market rent
State rent dataset · No market rent source linked
Missing
Crime
VIC Crime Statistics Agency · Year ending Dec 2025 · LGA-level dataset
Available
Schools
ACARA 2025
Missing
Hospitals
AIHW
Missing
Transport
GTFS · Stop-level feed
Available
Population growth
ABS ERP · 2025 · Annual estimate
Available
Building approvals
ABS Building Approvals · 2026 · Annual series
Available
Available means a local dataset is present. Verify means coverage exists but location confidence is limited.
Data: 2023
Sources: ABS Census 2021 · ABS dwelling prices · State Valuers General · ATO income · ACARA schools · AIHW hospitals · GTFS · state police

Portsea FAQ

Common questions
  1. What LGA is Portsea in?

    Portsea is in the Mornington Peninsula Local Government Area, VIC, postcode 3944. Council-level context for Mornington Peninsula LGA (suburb mix, population, rent, and price coverage) is available on the QuickProperty LGA page.

  2. What is the median house price in Portsea?

    The current median house price in Portsea, VIC is $3.1M, based on the latest available sales data from state Valuers General offices and ABS Data by Region.

  3. What is the typical weekly rent in Portsea?

    The median weekly rent in Portsea is $577/wk, based on ABS Census 2021 rent fallback.

  4. Is Portsea a good investment?

    QuickProperty's investment signals for Portsea show: Low Yield, Above Median, Stretched. These are computed from price, rent, income, and population data — not an opaque score.

  5. Where does QuickProperty get its data for Portsea?

    Property prices come from state Valuers General offices and ABS Data by Region. Demographics are from ABS Census 2021. School ICSEA scores are from ACARA. Crime statistics are from state police agencies. Transport data is sourced from GTFS feeds.

  6. How often is the Portsea data updated?

    Property prices update quarterly. RBA macro indicators update with each deploy. Demographics are from Census 2021. School ICSEA scores are from ACARA 2025.