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 5.8% and has experienced a 12-month capital growth of Up 19.0%, with a median house buy price of $492,500. This combination provides a high-yield positive cashflow potential for investment portfolios in Australia.
Market Yield & Price Indices
$437,500
$460,000
$625,000
$492,500
Suburb Market Profile
Last month Portland had 36 properties available for rent and 101 properties for sale. Median property prices over the last year range from $492,500 for houses to $270,000 for units. If you are looking for an investment property, consider houses in Portland rent out for $480 PW with an annual rental yield of 5.8% and units rent for $420 PW with a rental yield of 5.7%. Portland has seen an annual compound growth rate of 19.0% for houses and -6.1% for units.
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