At number 3549th in the list of Australian suburbs ordered by increase in median house value over the last year, Portland, 2847 is in the BOTTOM 20% with a property value increase of -4.69% recorded in median house prices.
Over the longer term, Portland has seen property prices show investors a 17.34% return over the last 3 years. This is worse than over the last 12 months
Portland, 2847 is offering NSW ‘s 471th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 40% of discounts offered by this NSW.
A $270 per week rent on the median house gives suburb investors a gross yield of circa 6.01%, without taking into account capital value appreciation, which has been averaging out at 4.52%.