Portarlington, 3223 ranked 530th in VIC when comparing growth in median property values or capital gain over the last 12 months. Portarlington is one of 2098 in our list for VIC
A 2.74% growth in median value for property investors in Portarlington,3223 puts this suburb at number 459th in terms of best performing suburbs in VIC
Property investors looking for a bargain in Portarlington should be aiming for at least -6.85% off the asking price, which is the average vendor discount being achieved at the moment.
With a capital gain of 13.71% for the last 12 months, Portarlington, 3223 has performed for property investments than its average annual 3.74% property growth over the last 5 years.
Portarlington, 3223 is offering VIC ‘s 164th most discounted properties when looking at the average discount being offered by vendors. This puts it in the middle of discounts offered by this VIC.
Using the current median advertised rental of $300 and the average annual increase in value of a median property of 3.74%, investors should hope to achieve an overall return of 4.43%