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Port Franklin, VIC 3964
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$635,000
market range $500K-$725K
Median Unit
$295,000
list-price estimate
Gross Yield (houses)
2.1%
1yr Growth (houses)
+0.0%
market range -10.0% to +52.5%
Investment snapshot for Port Franklin
Port Franklin has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Port Franklin market and investor summary
Port Franklin (VIC 3964) runs a median house price of $635K, with houses yielding a gross 2.1%. House prices have moved +0.0% over the past year and +0.5% over three years. At 6.5% vacancy, it is a softer rental market with more choice for tenants.
For an investor, this reads as a capital-growth market more than a cashflow one. A gross house yield around 2.1% will not cover holding costs in the early years, so the case leans on price appreciation. Demand is softer at 6.5% vacancy, so longer gaps between tenants are more likely and worth building into the numbers. Houses also take time to sell, around 79 days on market, so plan for a slower exit if you ever need one.
Living in Port Franklin: people, income and schools
Port Franklin is home to around 174 people, a number that has held fairly steady over five years. The median age is 52, an older, established demographic, and 86% of homes are owner-occupied. Owner-occupiers dominate, so stock turns over slowly and listings can be thin when you are trying to buy.
Households here earn a median of about $61,000 a year, or roughly $1,180 a week. On socio-economic measures it ranks around the national middle on the ABS advantage index (4 out of 10). At current prices a median house runs to a steep 10.4 times local household income, so affordability is a genuine constraint on local buyers. Incomes have risen about 63% over five years, which tends to underpin what local buyers can pay.
Fixed broadband is delivered over the NBN's Fixed Wireless.
- Population
- 174
- +4% over 5yr
- Median age
- 52 years
- Median household income
- $61,000/yr
- Households renting
- 13%
- Family households
- 61%
- Socio-economic rank
- 4/10
- ABS advantage index
- Unemployment
- 2.9%
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Port Franklin
No properties currently listed in Port Franklin
Search Port Franklin listings →Frequently asked questions about Port Franklin
What should I check before investing in Port Franklin?
Port Franklin has enough public data for first-pass screening across yield, vacancy, price and supply signals. Use the available metrics below to compare it with nearby suburbs before relying on the suburb-level view.
What are typical property prices in Port Franklin?
The median property price in Port Franklin, VIC 3964 is $635K for houses.
What rental yield does Port Franklin show?
The gross rental yield in Port Franklin is 2.1% for houses. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.
What does recent house price growth show for Port Franklin?
House prices in Port Franklin are up 0.0% over the past year and up 0.5% over three years. Capital growth is a key driver of total investment return, so pair it with rental yield to get a full picture.
How tight is the rental market in Port Franklin?
The current vacancy rate in Port Franklin is 6.5%. A rate under 2% generally signals a tight rental market. This suburb's rental market is softer, with tenants having more choice and rents possibly under pressure.
How many people live in Port Franklin?
Port Franklin has a population of approximately 174 residents, with a median age of 52.
Is Port Franklin affordable to buy in?
A median house in Port Franklin costs about 10.4 times the median local household income (a high multiple that makes the suburb a stretch for median local earners). The ratio compares the median house price with annual household income; it is a rough affordability gauge, not a substitute for your own borrowing assessment.
Is Port Franklin's population growing?
The population of Port Franklin has grown modestly, about 4% over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
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