Over the last year, property investments in Portland, 3305 have given investors a capital gain of 4.76%. This compares badly with the 7.80% for VIC as a whole.
If we look at median property appreciation over just the last three months, Portland has given property investors a paper return of 0.00%. This puts Suburb as 459 on a list of fastest fasting appreciating suburbs in VIC
Portland3305 is located in VIC which offers an average discount of -6.04% to property investors. Portland itself is showing figures that indicate -9.39% is the average achievable by property buyers investing in the suburb.
In the last year 135 properties changed hands in Portland, which puts it as the 191th most active market in VIC when comparing the number of sales per suburb.
The VIC suburb of Portland, 3305 is in the Glenelg local government area.
Giving property investors a a poor capital gain of -17.83% for the last year, Portland, 3305 is the 1672th highest performer in Australia in this respect.
With the median price for a house in Portland being $162500 and the advertised rent reaching $175 the gross rental yield for property investors calculates out to be 5.60%