Portarlington is in the TOP 30% in VIC when comparing median price capital growth over the last year. Portarlington gave property investors a good capital gain figure when compared to the rest of the state, with 13.61%.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Portarlington has increased when compared to the 5 year average annual rate.
Portarlington3223 is located in VIC which offers an average discount of -5.91% to property investors. Portarlington itself is showing figures that indicate -7.42% is the average achievable by property buyers investing in the suburb.
In the last year 111 properties changed hands in Portarlington, which puts it as the 237th most active market in VIC when comparing the number of sales per suburb.
Property investors should expect to get $345 weekly from the median priced house in this suburb.
Over the last year, property investments in Portarlington, 3223 have given investors a capital gain of 2.29%. This compares averagely with the 3.49% for VIC as a whole.
Comparing Portarlington,3223 ‘s 5year and quarterly average capital gain offered to property investors, it performed better across the longer period
The most recent median price for Portarlington is $358000, with sellers offering an average of -3.81% off the asking price.
Portarlington, 3223’s gross rental yield is 4.14%