AREA REPORTS

Portsea

VIC/
Portsea

Suburb Profile

Portsea - FREE SUBURB PROFILE REPORT
POSTAL CODE: VIC,3944

house
PORTSEA ranks 583rd in VIC when it comes to estimated capital gains experienced by property investors over the past three years.

The suburb’s capital gain of 5.81% for the past year is lower than average compared to its 70.83% growth within a five-year period.

Also in PORTSEA, the median home price is sitting at $2,050,000, and the average rent at $625, this suggests property owners could potentially earn a 1.59% increase in gross rental yield.

Property investors have seen a 2.12% gain in PORTSEA based on an increase in median home prices for the past three months.

A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 5.31% growth over a ten-year period. It ranks 1574th on our list of suburbs that property investors should look into.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $2,050,000 N/A
GROWTH REPORT
Median Quarterly 2.12% N/A
Median 12 month 5.81% N/A
Median 3 years 13.89% N/A
Median 5 years 70.83% N/A
10 years average annual 5.31% N/A
Weekly media advert. rent $625 N/A
Time on Market 86.9 days N/A
Gross Rental Yield Percent 1.59% N/A
demographics (median values)
Total Population
649
Weekly Household Income
1161
Household Size
2.00
demographics
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