Portarlington

POSTAL CODE: VIC, 3223

HOUSE

UNIT

A survey of average capital gains or median home price increase in suburbs across the country shows that the VIC suburb obtained a 7.92% growth over a ten-year period. It ranks 1271st on our list of suburbs that property investors should look into.

PORTARLINGTON, 3223 has a capital gain of -5.65% for the past year, which is lower than average compared to its 21.9% growth within a five-year period.

With the median home price in PORTARLINGTON sitting at $835,000, and the average rent at $490, property owners could potentially earn a 3.05% increase in gross rental yield.

Figures from the previous quarter show that capital gains for real estate buyers in PORTARLINGTON are low, as opposed to average gains per annum over the past five years.

PORTARLINGTON, 3223 in VIC belongs to the local government area of Greater Geelong.

Based on its average 5-year and quarterly capital gains PORTARLINGTON, 3223 saw average growth in the long term.

A survey of average capital gains or median home price increase in suburbs across the country shows that the VIC suburb obtained a 4.61% growth over a ten-year period. It ranks 1011th on our list of suburbs that property investors should look into.

PORTARLINGTON, 3223 in VIC belongs to the local government area of Greater Geelong.

PORTARLINGTON, 3223 has a capital gain of -20.07% for the past year, which is lower than average compared to its 23.98% growth within a five-year period.

With the median home price in PORTARLINGTON sitting at $607,500, and the average rent at $445, property owners could potentially earn a 3.81% increase in gross rental yield.

Figures from the previous quarter show that capital gains for real estate buyers in PORTARLINGTON are high, as opposed to average gains per annum over the past five years.

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Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$835,000	$607,500
Growth Report
Median Quarterly	-1.76%	16.83%
Median 12 month	-5.65%	-20.07%
Median 3 years	-14.36%	-15.63%
Median 5 years	21.9%	23.98%
10 years average annual	7.92%	4.61%
Weekly media advert. rent	$490	$445
Time on Market	127 days	N/A
Gross Rental Yield Percent	3.05%	3.81%

Demographics (Median Values)*

Total Population 7397

Weekly Household Income 896

Household Size 2.10

Average Age 58

Monthly Loan Repayment 1517

* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.

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