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Portland
VIC, 3305 - Glenelg

Thinking about buying in Portland? Now could not be a better time, with 7126 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $407,000 with prices in this suburb ranging from $39,000 to $2,157,000. Portland is located very near to the coast so expect stunning views of the ocean and access to beaches. Demand is likely to be very strong in this location which will support higher prices

Household Makeup

Median Weekly Rent	$243.45
Median Monthly Mortgage	$1071.91
Median Persons Per Bedroom	0.71
Average Household Size	2.09
Average Age	48.00
Average Income	$613.14
Average Cars Per Dwelling	1.77
Average Properties Within 50M	11

Housing Stock

Average Property Prices

1 Bed $327,000

2 Bed $290,000

3 Bed $413,000

4 Bed $597,000

5 Bed $708,000

6 Bed+$645,000

Properties for sale in Portland

Instant Property Valuation

Portland Real Estate Market Outlook

Consistent high demand relative to supply is a key feature in Portland driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Portland due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. A mix of professions and above average income earners in Portland provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Medium density in Portland necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. With very low industrial sector presence in Portland the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.

Local Schools

Portland Primary School

St John's Lutheran School

Bayview College

All Saints Parish School

Portland Secondary College

Portland Bay School

Bundarra Primary School

Portland South Primary School

Portland North Primary School

(While the above schools are located with the suburb of Portland there may also be nearby schools whose catchments cover this suburb)

Local Crime Rate

Incidents Trend State Average

We are currently collecting information for this location.

Portland weather - Average Local Climate by month

	(mm) RAIN	Min (°C) TEMP	Max (°C) TEMP	Min (%) HUMIDITY	Max (%) HUMIDITY	(m/sec) WIND	(MJ/sq m) SOLAR
Jan	1.0	14.9	22.1	58.2	86.8	5.9	24.8
Feb	1.1	15.3	21.3	57.9	83.7	6.1	20.2
Mar	1.2	14.2	20.7	60.2	89.8	5.9	16.1
Apr	1.6	12.4	18.7	59.9	91.4	5.6	11.6
May	2.7	10.7	16.3	61.8	90.6	6.2	8.1
Jun	3.0	8.9	14.4	66.0	92.1	6.1	7.0
Jul	3.7	8.4	13.9	65.6	91.7	6.8	7.1
Aug	2.7	8.6	14.5	60.0	89.5	7	10.3
Sept	2.4	9.4	16.3	58.2	90.3	6.7	14.6
Oct	1.4	10.8	17.8	57.4	88.6	6.6	19.4
Nov	1.3	12.0	19.1	59.0	90.5	6.3	22.7
Dec	1.4	13.4	20.6	63.0	91.1	6.2	25.7

source: Australian Government Bureau of Meteorology

Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

Portland West Dutton Way Portland North Bolwarra Allestree Cashmore Gorae Narrawong Heathmere Gorae West

Public Transport

Cable Tram Museum and Depot - Less than 1 KM

Maritime Discovery Centre - Less than 2 KM

World War II Memorial Lookout - Less than 5 KM

Portland Bay Holiday Park - Less than 5 KM

Botanical Gardens - Less than 2 KM

Powerhouse Museum - Less than 1 KM

General Points of Interest