If you compare the increase in value of investment property in Portland, 2847 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this NSW suburb was -7.29%.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Portland has increased when compared to the 5 year average annual rate.
Portland, 2847 is offering NSW ‘s 427th 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.
Residents and property investors in Portland have been waiting around 91.35 days to sell a property.
Renters in Suburb are facing rents around $3480 per annum or $290 every week.