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Portsea

Suburb Profile

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

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PORTSEA ranks 293rd in VIC when it comes to estimated capital gains experienced by property investors over the past three years.

The suburb’s capital gain of 11.54% for the past year is lower than average compared to its 67.31% growth within a five-year period.

This figures put the ATC suburb in the ranks of the best performing suburbs in Australia in terms of capital gains.

Also in PORTSEA, the median home price is sitting at $2,175,000, and the average rent at $824.5, this suggests property owners could potentially earn a 1.97% increase in gross rental yield.

Property investors have seen a -9.38% drop in PORTSEA based on a decrease in median home prices for the past three months.

They believe that homeowners and real estate investors betting on PORTSEA, 3944 can rest assured about this VIC suburb's performance. The suburb saw median home prices rise by 11.54%.

A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 9.66% growth over a ten-year period. It ranks 12th 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 $2,175,000 N/A
GROWTH REPORT
Median Quarterly -9.38% N/A
Median 12 month 11.54% N/A
Median 3 years 26.97% N/A
Median 5 years 67.31% N/A
10 years average annual 9.66% N/A
Weekly media advert. rent $824.5 N/A
Time on Market 119.5 days N/A
Gross Rental Yield Percent 1.97% N/A
demographics (median values)
Total Population
649
Weekly Household Income
1161
Household Size
2.00
demographics
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