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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 1 of 1 investment properties found in Portland on realestateinvestar.com.au

94 The Bdwy, Portland

$1,020,000

property pic

A Modern Oasis on Acreage

Welcome to 94 The Broadway - a beautifully crafted 4-bedroom family home that perfectly blends modern comfort, energy efficiency, and the peaceful charm of rural living. Built in 2021 by the highly regarded local builder Forever Homes, this residence showcases exceptional quality and thoughtful ...

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House

VIC 3305


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