PORT PHILLIP · MELBOURNE, VIC
Asking-rent research for this ABS statistical area in Port Phillip. Figures describe the selected postcode.
For the week ending 22 September 2026, SQM Research reports asking rents of $1,899 per week for houses in postcode 3184. Asking rents were 43.8% higher than the comparable year-earlier observation; these figures cover the whole postcode, including other localities, and describe advertised rents rather than signed leases.
ASKING RENTS
Weekly asking rent
$1,899/wk
All houses
Annual change
+43.8%
Same postcode and property series
Monthly equivalent
$8,229
Calculated as rent × 52 ÷ 12
SQM ResearchWeek ending 2026-09-22Advertised rents, not signed lease prices
Monthly averages of published weekly observations. Missing observations are omitted.
| Month | Houses /wk | Units /wk |
|---|---|---|
| Sep 26 | $1,794 | $650 |
| Aug 26 | $1,567 | $648 |
| Jul 26 | $1,766 | $632 |
| Jun 26 | $1,502 | $645 |
| May 26 | $1,284 | $645 |
| Apr 26 | $1,197 | $641 |
| Mar 26 | $1,104 | $637 |
| Feb 26 | $1,086 | $663 |
| Jan 26 | $1,203 | $627 |
| Dec 25 | $1,200 | $590 |
| Nov 25 | $1,249 | $582 |
| Oct 25 | $1,361 | $603 |
| Sep 25 | $1,226 | $616 |
| Aug 25 | $1,183 | $594 |
| Jul 25 | $1,083 | $621 |
| Jun 25 | $1,140 | $608 |
| May 25 | $1,249 | $588 |
| Apr 25 | $1,283 | $580 |
| Mar 25 | $1,530 | $583 |
| Feb 25 | $1,188 | $604 |
| Jan 25 | $1,464 | $596 |
| Dec 24 | $1,469 | $554 |
| Nov 24 | $1,327 | $551 |
| Oct 24 | $1,216 | $558 |
| Sep 24 | $1,083 | $562 |
| Aug 24 | $1,065 | $587 |
| Jul 24 | $990 | $606 |
| Jun 24 | $990 | $615 |
| May 24 | $1,117 | $601 |
| Apr 24 | $1,152 | $615 |
| Mar 24 | $1,156 | $619 |
| Feb 24 | $1,200 | $604 |
| Jan 24 | $1,204 | $628 |
| Dec 23 | $1,109 | $588 |
| Nov 23 | $1,006 | $590 |
| Oct 23 | $1,119 | $587 |
| Sep 23 | $1,298 | $552 |
| Aug 23 | $1,244 | $549 |
| Jul 23 | $1,203 | $523 |
| Jun 23 | $1,063 | $522 |
| May 23 | $1,097 | $544 |
| Apr 23 | $1,172 | $538 |
| Mar 23 | $966 | $524 |
| Feb 23 | $986 | $536 |
| Jan 23 | $1,106 | $514 |
| Dec 22 | $1,069 | $469 |
| Nov 22 | $1,005 | $456 |
| Oct 22 | $958 | $450 |
| Sep 22 | $795 | $457 |
| Aug 22 | $877 | $459 |
| Jul 22 | $941 | $445 |
| Jun 22 | $940 | $414 |
| May 22 | $837 | $410 |
| Apr 22 | $822 | $418 |
| Mar 22 | $1,022 | $410 |
| Feb 22 | $871 | $404 |
| Jan 22 | $1,021 | $394 |
| Dec 21 | $989 | $397 |
| Nov 21 | $778 | $395 |
| Oct 21 | $778 | $394 |
Verified suburb sale prices are not connected. Use the city page for published ABS sale-price statistics, or enter an actual listing price in the buying calculator.
WHERE TO NEXT
CONTINUE EXPLORING
Source coverage varies by postcode. Every link opens its area details.
WHERE TO NEXT
WEEK ENDING 22 SEP 2026
Houses in postcode 3184 (Elwood) are asking $1,899 a week, up 43.8% on a year ago; units $649 a week (up 4.0% on a year ago), according to SQM Research for the week ending 22 Sep 2026. That is 130% above the Melbourne house average of $827 and 9% above the Melbourne unit average of $597.
Over the past year the monthly average house asking rent in postcode 3184 moved from $1,361 in Oct 25 to $1,794 in Sep 26.
Across the Port Phillip council postcode sample, average asking rents are $1,217 for houses and $670 for units. See every suburb in Port Phillip.
Lower house asking rents nearby in Port Phillip: Southbank at $828 (postcode 3006), Melbourne at $901 (postcode 3000) and South Melbourne at $903 (postcode 3205).
Keeping $1,899 a week to 30% of income takes about $6,330 a week after tax. Check what rent fits your income.
Houses in postcode 3184 (Elwood) are asking $1,899 a week, up 43.8% on a year ago; units $649 a week (up 4.0% on a year ago), according to SQM Research for the week ending 22 Sep 2026. These are average advertised rents for the whole postcode, not signed leases.
House asking rents in postcode 3184 are up 43.8% on a year ago. Unit asking rents are up 4.0% on a year ago.
In Port Phillip, postcodes with lower house asking rents include Southbank ($828 a week), Melbourne ($901 a week) and South Melbourne ($903 a week). Figures cover whole postcodes; compare actual listings before deciding.