At number 377th in the list of Australian suburbs ordered by increase in median house value over the last year, Portarlington, 3223 is in the top 10% with a property value increase of 17.07% recorded in median house prices.
Portarlington,3223 was ranked 799 in Australia by increase in median property value over the quarter.
Property buyers and investors in Portarlington 3223 should be seeing an average reduction in asking price of around -7.31% . This means that Portarlington is holding prices well when compared to other suburbs in VIC.
Portarlington, 3223’s gross rental yield is 3.79%
At number 857th in the list of Australian suburbs ordered by increase in median house value over the last year, Portarlington, 3223 is in the top half with a property value increase of 2.74% recorded in median house prices.
A -2.33% growth in median value for property investors in Portarlington,3223 puts this suburb at number 195th in terms of best performing suburbs in VIC
Sellers are offering property buyers an average discount of -3.43% to buyers in Portarlington at the moment, which is less than average for the rest of VIC.
Situated 43.91km from the CBD, Portarlington is one of Greater Geelong localities in the postcode 3223.