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Portsea

Suburb Profile

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

house
PORTSEA ranks 65th in VIC when it comes to estimated capital gains experienced by property investors over the past three years.

The suburb’s capital gain of -18.98% for the past year is lower than average compared to its 25.24% growth within a five-year period.

Also in PORTSEA, the median home price is sitting at $1,985,000, and the average rent at $825, this suggests property owners could potentially earn a 2.16% increase in gross rental yield.

Property investors have seen a -6.59% drop in PORTSEA based on a decrease 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 5.09% growth over a ten-year period. It ranks 1467th 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 $1,985,000 N/A
GROWTH REPORT
Median Quarterly -6.59% N/A
Median 12 month -18.98% N/A
Median 3 years 6.72% N/A
Median 5 years 25.24% N/A
10 years average annual 5.09% N/A
Weekly media advert. rent $825 N/A
Time on Market 105.1 days N/A
Gross Rental Yield Percent 2.16% N/A
demographics (median values)
Total Population
649
Weekly Household Income
1161
Household Size
2.00
demographics
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