Portarlington, 3223 ranked 205th 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
If we look at median property appreciation over just the last three months, Portarlington has given property investors a paper return of 3.51%. This puts Suburb as 232 on a list of fastest fasting appreciating suburbs in VIC
Portarlington3223 is located in VIC which offers an average discount of -5.26% to property investors. Portarlington itself is showing figures that indicate -5.62% is the average achievable by property buyers investing in the suburb.
The VIC suburb of Portarlington, 3223 is in the Greater Geelong local government area.
Investment property in Portarlington has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 5.67%
Over the longer term, Portarlington has seen property prices show investors a 18.25% return over the last 3 years. This is worse than over the last 12 months
Sellers are offering property buyers an average discount of -4.71% to buyers in Portarlington at the moment, which is less than average for the rest of VIC.
With the median price for a house in Portarlington being $372500 and the advertised rent reaching $285 the gross rental yield for property investors calculates out to be 3.98%