If you compare the increase in value of investment property in Portland, 3305 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this VIC suburb was 2.33%.
Portland,3305 has offered an average of 2.33% return per annum in house price rises to property investors over the last three years.
Our latest figures would indicate that property sellers in Portland are currently offering property investors an average price cut of -7.78% below the asking price at the moment.
Portland is 69th on a list of best yielding suburbs for rents in VIC with a 5.44% return
With a capital gain of -17.14% for the last 12 months, Portland, 3305 has performed for property investments than its average annual 0.60% property growth over the last 5 years.
Comparing Portland,3305 ‘s 5year and quarterly average capital gain offered to property investors, it performed better across the longer period
On average over the past year, suburb has had 1.08 sales per month, which equates to 13 per year.