PORTLAND 3305
State: VICPosiProp AI Investment Summary
PORTLAND (VIC 3305) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 5.5% and has experienced a 12-month capital growth of Up 17.2%, with a median house buy price of $481,000. This combination provides a high-yield positive cashflow potential for investment portfolios in Australia.
Market Yield & Price Indices
$400,000
$447,500
$635,000
$481,000
Suburb Market Profile
Last month Portland had 29 properties available for rent and 94 properties for sale. Median property prices over the last year range from $481,000 for houses to $270,000 for units. If you are looking for an investment property, consider houses in Portland rent out for $470 PW with an annual rental yield of 5.5% and units rent for $400 PW with a rental yield of 6.2%. Portland has seen an annual compound growth rate of 17.2% for houses and -11.2% for units.