Portland — Houses

BUY
VIC 3305 House Rank #4 of 9 in Warrnambool
$492K
Median House Price · recent comparable sales
Supply Constrained Growth #4 of 9

Rental supply is extremely tight while prices are accelerating. This structural imbalance favours continued growth.

DEMAND LIQUIDITY AFFORD GROWTH YIELD SUPPLY
VERDICT
BUY
Supply Constrained Growth
DEMAND
15 buyers/listing
Weak
LIQUIDITY
81d DOM
Weak
AFFORDABILITY
13.7% vs 5yr
Neutral
GROWTH OUTLOOK
Average
Neutral
YIELD
5.6%
Strong
SUPPLY PRESSURE
0.5% vacancy
Strong
#4/9 Average Structure 87 Room to run $492K

Atlaso rates Portland houses as BUY for capital growth. Vacancy is extremely tight at 0.51%, well below the 2.5% equilibrium. 66% of BUY-rated suburbs grew more than 8% in our validated testing.

At $492K, Portland ranks #4 of 9 houses in Warrnambool. The long-term structural outlook is Average. Prices grew 17.4% over the past year, showing strong momentum.

OPPORTUNITY ENGINE

Premium markets are structurally compressed at this price level.

1 alternative identified.

Portland Price History

All houses · monthly median sale price

Market Intelligence

What's Happening Now

Shifting to Buyers Early signs of easing. Monitor for entry.
-3.0%
Asking Prices (3mo)
+20.7%
Rents (12mo)
1.0%
Vacancy
12%
Fresh Stock (<30d)

House Asking Prices (12 months)

$727K

House Weekly Rents (12 months)

$578/wk

Vacancy Rate (24 months)

--- 1.5% tight --- 3.0% loose

Listing Age (12 months)

Fresh (<30d) 30-60d 60-90d 90-180d 180d+

Data for postcode 3305.

Momentum Health

Room to run

24% stall probability

Portland is growing at 17.4% annually with no signs of slowing. Vacancy remains tight and the suburb has not yet reached its affordability ceiling relative to Warrnambool.

STALL RISK 24%

Suburb Profile

Portland at a Glance

SEIFA Index
2/10
Below average
Household Income
$1,248/wk
Median household
Median Age
47
Years
Mortgage Stress
22%
of income
Population Growth
+0.8%
vs state +2.2%
Ownership Mix
39.5% owned 32.5% mortgage 24.0% renting

Demographic Trends

Portland Over Time

Median Household Income (Census)

Population Growth Rate (Census)

Dwelling Composition (Census)

Rental Yield History

Census data: ABS. Yield series: weekly market data.

Full Portland Analysis

Access the full structural analysis, fair value estimate, bedroom-level pricing, and supply intelligence.

3-Year Structural Outlook Strong
Conviction Level High
Fair Value Gap X.X% undervalued
3-Bed House Price $X,XXX,XXX
Gross Yield X.X%
Weekly Rent $XXX
SEIFA Decile X/10
Building Approvals XX dwellings

Frequently Asked Questions

Is Portland a good suburb to invest in?
Atlaso rates Portland as BUY confidence for capital growth. In our out-of-sample testing, 90% of our STRONG BUY suburbs grew more than 8% annually. Our model analyses price trends, volume, demographics, and market conditions across Portland and 46 Australian cities to generate this rating.
What is the median house price in Portland?
The current median house price in Portland, vic is $492K, with annual growth of +9.1%. Properties sell in approximately 81 days.
How fast do properties sell in Portland?
Properties in Portland sell in 81 days on average. The market is currently rated Average. This is slower than average, which may present opportunities for negotiation.
What is the growth outlook for Portland?
Atlaso's model analyses 23 structural signals including price history, volume trends, yields, and vacancy to rate Portland's growth potential. The model predicts whether a suburb is likely to outperform, not by how much. Our ratings have been validated across 46 Australian cities, with 90% of top-rated suburbs growing more than 8% a year.
What is the rental yield in Portland?
The gross rental yield for houses in Portland is 5.6%. This is above the national average, making it attractive for yield-focused investors.

Want to compare suburbs?

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Important: Atlaso provides general research information only and does not constitute personal financial advice, property advice, or a recommendation to buy, sell, or hold any property. Suburb scores, growth ratings, rental yield estimates, and market signals are based on quantitative models using historical data. They are not guarantees of future performance. Property values can fall as well as rise. You should seek independent licensed financial and property advice before making any investment decision. Atlaso Pty Ltd (ABN 84 696 036 469) is not a licensed financial adviser and does not hold an Australian Financial Services Licence (AFSL).