Portarlington is in the TOP 20% in VIC when comparing median price capital growth over the last year. Portarlington gave property investors a very good capital gain figure when compared to the rest of the state, with 13.94%.
Taking the average capital gain, or increase in median house value, Portarlington,3223 has racked up an average of 13.94% over the period. This ranks it number 1747th in the whole country for real estate investors looking at median house price increases.
Portarlington3223 is located in VIC which offers an average discount of -6.04% to property investors. Portarlington itself is showing figures that indicate -7.23% is the average achievable by property buyers investing in the suburb.
Often selling an investment property can take time, and in Portarlington the average time real estate has been on the market is 126.13 days.
Property investors should expect to get $350 weekly from the median priced house in this suburb.
Portarlington has had a pretty good year for property investment returns compared to the rest of VIC, giving investors a capital gain of 8.03% to date .
Comparing Portarlington,3223 ‘s 5year and quarterly average capital gain offered to property investors, it performed better across the longer period
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Portarlington, 3223. Typically our figures indicate that -3.35% is being offered, which puts this VIC suburb at 1247th most discounted overall in Australia.
Often selling an investment property can take time, and in Portarlington the average time real estate has been on the market is 119.58 days.
Portarlington, 3223’s gross rental yield is 4.74%