If you compare the increase in value of investment property in Portarlington, 3223 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this VIC suburb was 9.78%.
The five-year average increase in median property values for Portarlington,3223 has given property investors a potential capital gain of 26.25% across each of those five years.
The most recent median price for Portarlington is $505000, with sellers offering an average of -4.29% off the asking price.
A $330 per week rent on the median house gives suburb investors a gross yield of circa 3.40%, without taking into account capital value appreciation, which has been averaging out at 6.55%.
At number 474th in the list of Australian suburbs ordered by increase in median house value over the last year, Portarlington, 3223 is in the top 30% with a property value increase of 10.70% recorded in median house prices.
Portarlington,3223 was ranked 678 in Australia by increase in median property value over the quarter.
A $280 per week rent on the median house gives suburb investors a gross yield of circa 3.70%, without taking into account capital value appreciation, which has been averaging out at 5.71%.