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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 5 of 190 investment properties found in Portland on realestateinvestar.com.au

120 Derril Rd, Portland

$389,000

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Quality and affordable new homes available - The Retreat

The Retreat is a modern home designed for contemporary open plan living, seamlessly connecting the dining and living rooms with a sleek kitchen. This home is perfect for effortless living with stylish interiors and an alfresco area ideal for entertaining. The master bedroom boasts an ensuite, ...

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Townhouse

VIC 3305


458 Cape Nelson Rd, Portland

$1,250,000

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Large Land & Home Coastal Opportunity

Set on an impressive 22-acre lifestyle holding, this remarkable coastal property presents a rare opportunity to secure a home of character, space, and breath-taking natural beauty. Positioned along the coastline, the property captures picturesque rural and ocean views, framed by established gum ...

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Rural

VIC 3305


204 Edgar St, Portland

$640,000

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More Than You Think!

This family home exudes spaciousness and convenience. Providing ample space for a growing family, this property boasts 3 bedrooms, 2 bathrooms, 2 living areas and a large, fully enclosed back yard, complete with 4 car garage, workshop, caravan/boat space and 2 undercover outdoor living areas. ...

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House

VIC 3305


15 Juliani Pl, Portland

$430,000

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Rare Opportunity In Excellent Location!

This welcoming two-bedroom brick veneer unit is a fantastic and rare opportunity. 15 Juliani Place is a tidy property, nestled in a quiet community, providing a great sense of security to those who live there. Enjoy the convenience of this brilliant CBD location, with the supermarket just across ...

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Unit

VIC 3305


8/18 Short St, Portland

$430,000

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Sure To Impress In Short Street

Tucked away in a quiet street and set behind a private front courtyard, this appealing 3 bedroom townhouse offers a fantastic opportunity for low-maintenance, comfortable living. Ideal for first home buyers, downsizers, or investors, the home has recently been refreshed with partial repainting, ...

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Unit

VIC 3305


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