Giving property investors a an unimpressive capital gain of -2.08% for the last year, Portland, 2847 is the 3129th highest performer in Australia in this respect.
If we look at median property appreciation over just the last three months, Portland has given property investors a paper return of -2.08%. This puts Suburb as 1195 on a list of fastest fasting appreciating suburbs in NSW
Our latest figures would indicate that property sellers in Portland are currently offering property investors an average price cut of -6.42% below the asking price at the moment.
A $300 per week rent on the median house gives suburb investors a gross yield of circa 6.64%, without taking into account capital value appreciation, which has been averaging out at 4.37%.