Property investors who have had real estate in Portland, 3305 should be relatively unhappy with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 0.69%
Over the longer term, Portland has seen property prices show investors a -1.12% return over the last 3 years. This is an improvement over the last 12 months
Vendor discounting in Portland is giving property investors an average Vendor Discount of around -7.27%. This puts suburb at number 130th in VIC when ranking the most discounted suburbs.
On average over the past year, suburb has had 13.83 sales per month, which equates to 166 per year.
Situated 300.82km from the CBD, Portland is one of Glenelg localities in the postcode 3305.
Portland, 3305 ranked 156th in VIC when comparing growth in median property values or capital gain over the last 12 months. Portland is one of 2098 in our list for VIC
The VIC suburb of Portland, 3305 is in the Glenelg local government area.