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Portarlington, VIC 3223

Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics

Data updated

Tight Rental Market

Median House

$825,000

market range $750K-$975K

Median Unit

$630,000

market range $600K-$675K

Gross Yield (houses)

3.5%

1yr Growth (houses)

+3.6%

market range +0.0% to +12.5%

Investment snapshot for Portarlington

Portarlington has enough public data for first-pass screening across yield, vacancy, price and supply signals.

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Investment score breakdown

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Portarlington market and investor summary

In Portarlington, VIC 3223, the median house sells for around $825K, on a gross rental yield of 3.5% for houses. House prices have moved +3.6% over the past year. At 2.1% vacancy, it is a broadly balanced rental market.

For an investor, the rent-to-price profile sits mid-range: a gross house yield near 3.5% is neither a standout cashflow play nor a pure growth bet. Houses also take time to sell, around 94 days on market, so plan for a slower exit if you ever need one.

Living in Portarlington: people, income and schools

About 4,436 people live in Portarlington, and the area has been growing steadily, up about 22% over five years. At a median age of 62, it reads as an older, established demographic, and 75% of homes are owner-occupied. Owner-occupiers dominate, so stock turns over slowly and listings can be thin when you are trying to buy.

The typical household income runs to around $55,000 a year (about $1,060 a week). On socio-economic measures it ranks around the national middle on the ABS advantage index (4 out of 10). At current prices a median house runs to a steep 14.9 times local household income, so affordability is a genuine constraint on local buyers. Locally, around 37% of household income goes to mortgage repayments, a level usually flagged as mortgage stress.

There is 1 school within about 5km, testing close to the national school average on ICSEA. Portarlington sits about 43 km from the CBD. It is fairly car-dependent; the suburb scores 26 for walkability and 7 for transit out of 100. Fixed broadband is delivered over the NBN's Fibre to the Node.

Population
4,436
+22% over 5yr
Median age
62 years
Median household income
$55,000/yr
Households renting
21%
Family households
65%
Socio-economic rank
4/10
ABS advantage index
Schools within 5km
1
avg ICSEA 1004
Unemployment
6.0%
Distance to CBD
43 km
Walk score
26/100

Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.

Properties in Portarlington

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Frequently asked questions about Portarlington

What should I check before investing in Portarlington?

Portarlington has enough public data for first-pass screening across yield, vacancy, price and supply signals. Use the available metrics below to compare it with nearby suburbs before relying on the suburb-level view.

What are typical property prices in Portarlington?

The median property price in Portarlington, VIC 3223 is $825K for houses and $630K for units.

What rental yield does Portarlington show?

The gross rental yield in Portarlington is 3.5% for houses and 3.8% for units. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.

What does recent house price growth show for Portarlington?

House prices in Portarlington are up 3.6% over the past year. Capital growth is a key driver of total investment return, so pair it with rental yield to get a full picture.

How tight is the rental market in Portarlington?

The current vacancy rate in Portarlington is 2.1%. A rate under 2% generally signals a tight rental market. This suburb's rental market is balanced, favouring neither landlords nor tenants strongly.

How many people live in Portarlington?

Portarlington has a population of approximately 4,436 residents, with a median age of 62.

What schools are near Portarlington?

There are 1 school within roughly 5km of Portarlington. Their average ICSEA is close to the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.

Is Portarlington affordable to buy in?

A median house in Portarlington costs about 14.9 times the median local household income (a high multiple that makes the suburb a stretch for median local earners). The ratio compares the median house price with annual household income; it is a rough affordability gauge, not a substitute for your own borrowing assessment.

Is Portarlington's population growing?

The population of Portarlington has grown about 22% over the past five years, an above-average pace. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.

How far is Portarlington from the CBD?

Portarlington is about 43 km from the CBD.

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