Suburb Profile Report for Portland NSW (2847)

Portland House: Median price $271,500, Annual capital growth 6.60%, Number of sales 50, Weekly median advertised rent $285

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 2019. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report

Portland, 2847 ranked 528th in NSW when comparing growth in median property values or capital gain over the last 12 months. Portland is one of 3163 in our list for NSW

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Portland has increased when compared to the 5 year average annual rate.

The most recent median price for Portland is $271500, with sellers offering an average of -6.65% off the asking price.

At number 3252 in a list of fastest selling suburbs, Portland is in the bottom 20% of suburbs in Australia with an average of days on market 116.216 for properties listed there.

Metrics i HOUSE UNIT
$271,500 N/A
0.09% N/A
-3.04% N/A
6.60% N/A
$285 N/A
50 N/A
5.46% N/A
116.216216216216 N/A

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 2019. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Good (H), Below average (U)
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Demographics
Total population 2307
Median household income ($/weekly) 901
Median age of persons 43
Median housing loan repayment ($/monthly) 1430
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 314 13.6
    35-44 years 249 10.8
    45-54 years 349 15.1
    55-64 years 361 15.6
    65-74 years 262 11.4
    Others 773 33.5
    Age Group
    Census Count Percent(%)
    Registered Married 821 48.8
    Not Married 678 40.3
    Defacto Relationship 184 10.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 2018 92.7
    Greece 14 0.6
    Papua New Guinea 18 0.8
    United Kingdom 60 2.8
    Other 19 0.9
    Others 49 2.2
    Country of Birth
    Census Count Percent(%)
    Christianity 1784 83.8
    No Religion 328 15.4
    Buddhism 7 0.3
    Other Religious Groups 7 0.3
    Hinduism 3 0.1
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 84 10.4
    $400-$599 119 14.7
    $600-$799 82 10.2
    $800-$999 95 11.8
    $1,500-$1,999 73 9.0
    Others 354 43.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 828 46.8
    Employed, worked full-time 565 31.9
    Employed, worked part-time 253 14.3
    Employed, away from work 64 3.6
    Unemployed, looking for work 59 3.3
    Person Characteristics
  • Census Count Percent(%)
    Technicians & trades workers 163 18.4
    Community & personal service workers 106 12.0
    Clerical & administrative workers 108 12.2
    Machinery operators & drivers 150 16.9
    Labourers 112 12.6
    Others 247 27.9
    Occupation
    Census Count Percent(%)
    Pre-school 44 9.4
    Infants/Primary 187 39.8
    Secondary 148 31.5
    Technical or Further Educational Institution 56 11.9
    University or other Tertiary Institutions 22 4.7
    Others 13 2.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2152 99.3
    Flat, unit or apartment 9 0.4
    Semi-detached, row or terrace house, townhouse 7 0.3
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 406 47.1
    Being purchased 318 36.9
    Rented 131 15.2
    Other tenure type 7 0.8
    Tenure Type
Census 2011, ABS
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