All About Port Albert, Wellington, VIC, 3971
Port Albert, located in Wellington Shire, Victoria, is a charming coastal town known for its rich maritime history and picturesque views. The housing market in Port Albert reflects its tranquil, seaside lifestyle, with a variety of options ranging from historical homes to modern developments. Prices in the area have been relatively stable, making it an attractive option for buyers looking for a peaceful retreat away from bustling city life. Properties often feature generous plots, providing ample space for gardens and outdoor activities, appealing to families, retirees, and anyone seeking a quiet, community-oriented environment.
Living in Port Albert offers a unique blend of natural beauty and relaxed coastal living. Residents enjoy access to pristine beaches, excellent fishing spots, and an array of local wildlife, enhancing the town's charm and recreational opportunities. The small-town feel is complemented by a tight-knit community, with local events and markets fostering connections among neighbors. Despite its serene setting, Port Albert is not far from essential amenities in nearby towns, ensuring residents have access to necessary services while maintaining a peaceful lifestyle. Overall, Port Albert provides an idyllic lifestyle for those looking to escape the hustle and bustle, surrounded by the stunning natural landscape of Victoria's coast.
Household Makeup
| Median Weekly Rent | $255.00 |
| Median Monthly Mortgage | $1138.00 |
| Median Persons Per bed houseroom | 0.70 |
| Average Household Size | 2.00 |
| Average Age | 59.00 |
| Average Income | $503.00 |
| Average Cars Per Dwelling | 1.53 |
| Average Properties Within 50M | 5 |
| Typical 1 bed house | $173,000 |
| Typical 2 bed house | $303,000 |
| Typical 3 bed house | $534,000 |
| Typical 4 bed house | $580,000 |
| Typical 5 bed house | $540,000 |
| Typical 6 bed+ house | $411,000 |
Housing Stock
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Port Albert Real Estate Market Outlook
Thinking about buying in Port Albert? Now could not be a better time, with just 472 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $395,000 with prices in this suburb ranging from $67,000 to $1,296,000. Port Albert is located very near to the coast so expect stunning views of the ocean and access to beaches. Demand is likely to be very strong in this location which will support higher prices
In Port Albert there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Port Albert due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. The slightly lower than average earnings from occupations in Port Albert changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Lower than average population density constrains growth in Port Albert to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. With very low industrial sector presence in Port Albert the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.
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Properties for sale in Port Albert
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Local Schools
None within suburb boundary
(While the above schools are located with the suburb of Port Albert there may also be nearby schools whose catchments cover this suburb)Local Crime Rate
Incidents Trend State Average
Port Albert weather - Average Local Climate by month
| (mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
|---|---|---|---|---|---|---|---|
| Jan | 1.5 | 12.9 | 25.9 | 47.4 | 93.6 | 4.8 | 23.8 |
| Feb | 1.8 | 13.1 | 24.9 | 51.9 | 95.3 | 4.7 | 19.2 |
| Mar | 2.2 | 11.7 | 23.2 | 52.7 | 94.4 | 4.4 | 14.8 |
| Apr | 1.7 | 9.1 | 20.2 | 56.8 | 95.2 | 3.9 | 11.3 |
| May | 1.6 | 6.6 | 17.2 | 58.2 | 93.6 | 4.2 | 8.6 |
| Jun | 1.7 | 4.4 | 14.8 | 64.5 | 96.0 | 3.9 | 7.2 |
| Jul | 1.6 | 4.9 | 14.5 | 60.8 | 94.4 | 4.7 | 7.7 |
| Aug | 1.7 | 4.7 | 14.9 | 57.0 | 94.2 | 5.0 | 10.2 |
| Sept | 1.7 | 6.1 | 17.4 | 54.5 | 95.4 | 4.9 | 14.3 |
| Oct | 1.6 | 7.6 | 19.7 | 54.2 | 96.0 | 4.7 | 19.3 |
| Nov | 2.0 | 9.2 | 21.7 | 51.7 | 95.5 | 5.0 | 21.4 |
| Dec | 1.7 | 11.2 | 23.9 | 49.0 | 94.4 | 5.1 | 24.8 |
source: Australian Government Bureau of Meteorology
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