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Investment Property Portland, VIC, 3305

Suburb Snapshot

Portland is a suburb in the Glenelg Region of Victoria. Portland has a population of 9,709 people and 24.89% of its occupants live in rental accommodation. The median listing price for houses is $475,000 and this has changed 3.26% over the past year and changed 2.81% over 2 years.

The median rent in Portland for houses is $420 per week and the median rental yield is 4.59%. Stock on the market for houses/townhouses has changed -9.26% compared to last year and the average time to sell a house/townhouse is 170 days.The median listing price for units is $309,000 and this has changed 3.34% over the past year. The average unit takes 167 days to sell and the median rent for a unit in Portland is $330 per week, producing a rental yield of 5.55%.

Supply & Demand in Portland, Glenelg

0.35%

Current vacancy rate


19

Rental stock available


9,709

Population


24.89%

Rental population


0.22%

Current vacancy rate


25

Rental stock available


19,558

Population


18.16%

Rental population


0.93%

Current vacancy rate


28,886

Rental stock available


5,926,624

Population


24.77%

Rental population


This is information is brought to you by realestateinvestar.com.au - The online home for property investors

Statistical data for Portland, Glenelg

  House Townhouses Units
Median listing price $475,000 NA $309,000
Median price change - last quarter 0.20% NA 2.14%
Median price change - 1 year 3.26% NA 3.34%
Median price change - 2 years 2.81% NA 5.82%
  House Townhouses Units
Median weekly rent $420 NA $330
Median yield % 4.59% NA 5.55%
Median rent change - 1 year 0.00% NA 3.12%
  House Units
Previous month sales 16 2
Stock on market previous month 147 17
Stock variance vs. last year -9.26% 6.25%
Average days on market 170 167

Portland investment property listings

Showing 2 of 2 investment properties found in Portland on realestateinvestar.com.au

6 Bennett St, PORTLAND

$419,000

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House

VIC 3305


5/1 Casino Ct, PORTLAND

$250,000

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Unit

VIC 3305


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