NSW/
Portland

Suburb Profile

Portland - FREE SUBURB PROFILE REPORT
POSTAL CODE: NSW,2847

house

A steady increase in median property prices over a five-year period in the suburb translates to a 20.34% capital gain.

It also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $264,750

The augmented property values in the suburb are trailing above the territorial average of 6.63% in 2016.

On the other hand, based on current median home prices for the suburb, Real estate investors could earn a rental income of $300.

Home owners selling their properties and realtors in PORTLAND usually have to wait an average of 92.5 days days before their assets are lifted off the market.

The NSW suburb ranks 60th on the list of best yielding suburbs for rental properties in NSW, posting a 5.89% return.

It also places places 967th in Australia based on median property value growth during the quarter.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $264,750 N/A
GROWTH REPORT
Median Quarterly -1.76% N/A
Median 12 month 18.99% N/A
Median 3 years 20.34% N/A
Median 5 years 47.08% N/A
10 years average annual 6.46% N/A
Weekly media advert. rent $300 N/A
Time on Market 92.5 days N/A
Gross Rental Yield Percent 5.89% N/A
demographics (median values)
Total Population
2800
Weekly Household Income
745.2
Household Size
2.50
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Portland, NSW
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