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Derrinal vs Portland

Property investment comparison - Derrinal, VIC 3523 vs Portland, VIC 3305

Head-to-head across core investment metrics: Derrinal wins 2, Portland wins 1. The better choice depends on whether you're optimising for cash flow, growth, affordability, or liquidity, the table below highlights the winner on each metric.

MetricDerrinalPortland
Median house price$485K$490K
Median unit price-$260K
Gross rental yield (houses)6.34%5.31%
Gross rental yield (units)--
1-year house growth-+18.9%
3-year house growth-+7.1%
Vacancy rate5.3%0.6%
Population9910,016

Derrinal vs Portland: what the numbers say

The median house price is $485K in Derrinal and $490K in Portland, so Derrinal is the cheaper entry point, with Portland houses about 1% dearer.

On cash flow, Derrinal leads: houses there return a gross rental yield of 6.34%, compared with 5.31% in Portland, a gap of 1.03 percentage points.

Rental vacancy is 0.6% in Portland and 5.3% in Derrinal, so landlords in Portland face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Portland is the bigger suburb, with a population of 10,016 against 99, roughly 101 times the size of Derrinal; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Derrinal for rental income, Derrinal for a lower purchase price, Portland for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.

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