Property investors who have had real estate in Portland, 2847 should be relatively unhappy with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -1.67%
Portland,2847 has offered an average of -1.67% return per annum in house price rises to property investors over the last three years.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Portland, 2847. Typically our figures indicate that -6.82% is being offered, which puts this NSW suburb at 1355th most discounted overall in Australia.
On average over the past year, suburb has had 5.58 sales per month, which equates to 67 per year.
A $285 per week rent on the median house gives suburb investors a gross yield of circa 6.31%, without taking into account capital value appreciation, which has been averaging out at 4.37%.