Portarlington, VIC 3223
Compare Part of Greater Geelong
43.22 km
Distance from Melbourne CBD
6 k
Population
Median Sale Price
House
-
Updated on Feb 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Feb 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
| Year | Median | Growth | Low | High | # Sales |
|---|---|---|---|---|---|
| 2009 | $390,000 | 0.0% | $277,000 | $1,050,000 | 37 |
| 2010 | $405,000 | +3.7% | $100,000 | $1,025,000 | 61 |
| 2011 | $495,000 | +18.2% | $280,000 | $1,300,000 | 39 |
| 2012 | $385,000 | -28.6% | $200,000 | $1,310,000 | 37 |
| 2013 | $392,000 | +1.8% | $180,000 | $1,275,000 | 132 |
| 2014 | $395,000 | +0.8% | $230,000 | $1,322,500 | 101 |
| 2015 | $420,000 | +6.0% | $180,000 | $1,250,000 | 117 |
| 2016 | $490,000 | +14.3% | $307,000 | $1,250,000 | 106 |
| 2017 | $515,000 | +4.9% | $340,000 | $1,300,000 | 116 |
| 2018 | $650,000 | +20.8% | $405,000 | $3,000,000 | 94 |
| 2019 | $645,000 | -0.8% | $390,000 | $1,435,000 | 90 |
| 2020 | $695,000 | +7.2% | $445,000 | $1,650,000 | 84 |
| 2021 | $820,000 | +15.2% | $359,000 | $1,750,000 | 139 |
| 2022 | $980,000 | +16.3% | $675,000 | $4,000,000 | 70 |
| 2023 | $920,000 | -6.5% | $660,000 | $2,226,000 | 81 |
| 2024 | $1,020,000 | +9.8% | $615,000 | $1,540,000 | 19 |
Median Sale Price
$935K
Based on 76 recorded sales within the last 12 months
Updated on 20 Apr 2024
Suburb Growth
-0.5%
Current Median Price: $935,000
Previous Median Price: $940,000
Based on 135 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Mar 2024)
Price Range Segments (12 months ending Mar 2024)
Median Weekly Rent Price
House
-
Updated on Feb 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Feb 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
| Year | Median | Growth | Low | High | # Rents |
|---|---|---|---|---|---|
| 2011 | $280 | 0.0% | $180 | $2,900 | 55 |
| 2012 | $290 | +3.4% | $190 | $1,400 | 79 |
| 2013 | $295 | +1.7% | $180 | $2,800 | 140 |
| 2014 | $300 | +1.7% | $195 | $2,450 | 107 |
| 2015 | $300 | 0.0% | $120 | $2,700 | 125 |
| 2016 | $310 | +3.2% | $250 | $2,350 | 86 |
| 2017 | $320 | +3.1% | $240 | $1,750 | 84 |
| 2018 | $349 | +8.3% | $250 | $1,516 | 86 |
| 2019 | $360 | +3.1% | $250 | $600 | 100 |
| 2020 | $360 | 0.0% | $240 | $800 | 69 |
| 2021 | $415 | +13.3% | $280 | $750 | 53 |
| 2022 | $440 | +5.7% | $370 | $2,390 | 54 |
| 2023 | $460 | +4.3% | $360 | $800 | 66 |
| 2024 | $495 | +7.1% | $350 | $695 | 16 |
Median Rent Price
$480
per week
Based on 68 recorded rent within the last 12 months
Updated on 20 Apr 2024
Rent Price Growth
+8.3%
Current Median Rent: $480
Previous Median Rent: $440
Based on 125 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+2.7%
Current Median Price: $935,000
Current Median rent: $480
Based on 144 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Mar 2024)
Auction Results For Portarlington
Houses sold in Last 12 months ends 13 Apr 2024
$1.03M
Median Sale Price
86%
Clearance Rate
6/7
Sold/Reported
$1.41M
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $1.4 M - $1.6 M | 1 | |
| $1.2 M - $1.4 M | 1 | |
| $1 M - $1.2 M (Median Price Range) | 1 | |
| $800 K - $1 M | 2 | |
| $600 K - $800 K | 1 | |
Similar Suburbs to Portarlington 3223
Based on median house sale price sold in last 12 months
Schools closest to Portarlington, VIC 3223
| School name | Address | Type | Sector | Distance |
|---|---|---|---|---|
| Portarlington Primary School | 100 NEWCOMBE STREETPortarlington 3223 | Primary | Government | 0.3 km |