Property value increases in Portland have tracked higher than the VIC average of 0.01% over the last 12 months.
Portland,3305 has offered an average of 11.91% return per annum in house price rises to property investors over the last three years.
Vendor discounting in Portland is giving property investors an average Vendor Discount of around -5.54%. This puts suburb at number 430th in VIC when ranking the most discounted suburbs.
Renters in Suburb are facing rents around $15600 per annum or $300 every week.
With a capital gain of 18.75% for the last 12 months, Portland, 3305 has performed for property investments than its average annual 4.18% property growth over the last 5 years.
Over the longer term, Portland has seen property prices show investors a 8.26% return over the last 3 years. This is an improvement over the last 12 months
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Portland, 3305. Typically our figures indicate that -5.91% is being offered, which puts this VIC suburb at 626th most discounted overall in Australia.