Suburb Profile Report for Portland NSW (2847)

Portland House: Median price $215,500, Annual capital growth 3.41%, Number of sales 65, Weekly median advertised rent $280

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report

With a capital gain of -12.04% for the last 12 months, Portland, 2847 has performed for property investments than its average annual 3.41% property growth over the last 5 years.

While Portland,2847 ranked number 1379th in NSW for increase in median house value (annualised) increase, it is ranked 986th over the last 5 years.

LACK OF BUYER INTEREST may well be the reason that Portland is offering property investors an average of -5.49. This rate of discount on properties puts Suburb at number 403th in terms of most discounted suburbs in NSW

In the last year 65 properties changed hands in Portland, which puts it as the 517th most active market in NSW when comparing the number of sales per suburb.

Renters in Suburb are facing rents around $3360 per annum or $280 every week.

Metrics i HOUSE UNIT
$215,500 N/A
-8.00% N/A
-12.04% N/A
3.41% N/A
$280 N/A
65 N/A
6.76% N/A
105.39 N/A

Source: CoreLogic

DSR Score for property investment : Above average (U), Good (H)
Find a mortgage broker in Portland NSW
Demographics
Total population 2307
Median household income ($/weekly) 901
Median age of persons 43
Median housing loan repayment ($/monthly) 1430
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 314 13.6
    35-44 years 249 10.8
    45-54 years 349 15.1
    55-64 years 361 15.6
    65-74 years 262 11.4
    Others 773 33.5
    Age Group
    Census Count Percent(%)
    Registered Married 821 48.8
    Not Married 678 40.3
    Defacto Relationship 184 10.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 2018 92.7
    Greece 14 0.6
    Papua New Guinea 18 0.8
    United Kingdom 60 2.8
    Other 19 0.9
    Others 49 2.2
    Country of Birth
    Census Count Percent(%)
    Christianity 1784 83.8
    No Religion 328 15.4
    Buddhism 7 0.3
    Other Religious Groups 7 0.3
    Hinduism 3 0.1
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 84 10.4
    $400-$599 119 14.7
    $600-$799 82 10.2
    $800-$999 95 11.8
    $1,500-$1,999 73 9.0
    Others 354 43.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 828 46.8
    Employed, worked full-time 565 31.9
    Employed, worked part-time 253 14.3
    Employed, away from work 64 3.6
    Unemployed, looking for work 59 3.3
    Person Characteristics
  • Census Count Percent(%)
    Technicians & trades workers 163 18.4
    Community & personal service workers 106 12.0
    Clerical & administrative workers 108 12.2
    Machinery operators & drivers 150 16.9
    Labourers 112 12.6
    Others 247 27.9
    Occupation
    Census Count Percent(%)
    Pre-school 44 9.4
    Infants/Primary 187 39.8
    Secondary 148 31.5
    Technical or Further Educational Institution 56 11.9
    University or other Tertiary Institutions 22 4.7
    Others 13 2.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2152 99.3
    Flat, unit or apartment 9 0.4
    Semi-detached, row or terrace house, townhouse 7 0.3
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 406 47.1
    Being purchased 318 36.9
    Rented 131 15.2
    Other tenure type 7 0.8
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals