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Portsea
AREA REPORTS

Portsea

Portsea - SUBURB PROFILE REPORT
POSTAL CODE: VIC, 3944

house
PORTSEA ranks 97th in VIC when it comes to estimated capital gains experienced by property investors over the past three years.

The suburb’s capital gain of 29.46% for the past year is higher than average compared to its 110.14% growth within a five-year period.

Also in PORTSEA, the median home price is sitting at $3,625,000, and the average rent at $1100, this suggests property owners could potentially earn a 1.58% increase in gross rental yield.

Property investors have seen a 2.84% gain in PORTSEA based on an increase 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 29.46%.

A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 10.52% growth over a ten-year period. It ranks 4027th on our list of suburbs that property investors should look into.

Data report can be found below

Portsea
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $3,625,000 N/A
GROWTH REPORT
Median Quarterly 2.84% N/A
Median 12 month 29.46% N/A
Median 3 years 57.61% N/A
Median 5 years 110.14% N/A
10 years average annual 10.52% N/A
Weekly media advert. rent $1100 N/A
Time on Market 45.0 days N/A
Gross Rental Yield Percent 1.58% N/A
demographics (median values)*
Total Population
510
Weekly Household Income
1863
Household Size
1.80
Age
67
Monthly Loan Repayment
2000
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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