Property value increases in Portarlington have tracked close to the VIC average of 7.80% over the last 12 months.
While Portarlington,3223 ranked number 51th in VIC for increase in median house value (annualised) increase, it is ranked 479th over the last 5 years.
The most recent median price for Portarlington is $452500, with sellers offering an average of -7.41% off the asking price.
Property investors should expect to get $350 weekly from the median priced house in this suburb.
Property investors who have had real estate in Portarlington, 3223 should be pleased with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 13.71%
A -9.03% growth in median value for property investors in Portarlington,3223 puts this suburb at number 158th in terms of best performing suburbs in VIC
The most recent median price for Portarlington is $352500, with sellers offering an average of -4.79% off the asking price.
At number 949 in a list of fastest selling suburbs, Portarlington is in the bottom 40% of suburbs in Australia with an average of days on market 87.14 for properties listed there.