Portland North VIC Property Investment

Glenelg · 3305 · Score: 47/100 · Caution

Median House Price
$681K
Rental Yield
2.7%
Vacancy Rate
3.0%
Median Weekly Rent
$350/wk
Median Unit Price
$454K
Population
708
Days on Market
172 days
Annual Growth
6.8%

Portland North Short-Term Rental (Airbnb) Market

Avg Nightly Rate
$267/night
Occupancy Rate
%
Est. Annual Revenue
$63K

Estimated revenue assumes year-round availability. Non-hosted short-stays are night-capped in some councils (e.g. 60 nights across most of Byron Shire, 180 in Ballina, Muswellbrook and parts of Greater Sydney) and levied in Victoria — the legal cap can cut achievable income well below this figure. Run STR Check for the rules on a specific address.

AI Investment Analysis

Portland North VIC Investment Brief

CAUTION — 2.7% gross yield on a $681,309 (single source — OnTheHouse only, no peer to validate) median.

THE MARKET

Portland North has compounded at 2.5%/yr over 5 years. Median sits in the $681,309 (single source — OnTheHouse only, no peer to validate) band today. Properties are sitting on market for 172 days (buyers have negotiating room).

  • Median house: $681,309 (single source — OnTheHouse only, no peer to validate) | Units: $453,612
  • Gross yield: 2.7% | Net yield: 1.2%
  • 5yr price CAGR: 2.5%/yr | 3yr forecast: 13.5%/yr
  • Population: 708 | Owner-occupier rate: 74% | Affluence: Below Average
  • Supply pipeline: Low — Price growth outpacing new supply, limited development pipeline

RENTAL SNAPSHOT

  • Vacancy: 3.0% (stable) | Rental demand: Moderate
  • Median weekly rent: $350/wk | Days on market: 172 (worsening)
  • Tenant market — vacancy elevated, negotiate hard on rent.

SHORT-TERM RENTAL

Insufficient STR data for this suburb. Run a specific address analysis for property-level STR projections.

INFRASTRUCTURE & CATALYSTS

  • No major confirmed infrastructure projects on record.
  • Transport: Standard suburban transport access

BULL CASE

If Portland North maintains 3%+ annual growth and vacancy stays below 2.1%, median prices could reach $783,505 within 3 years with yields compressing slightly as capital values rise.

BEAR CASE

A market correction or interest rate shock could see prices in Portland North pull back 10-15% from $681,309, with vacancy rising to 5.0% and rental yields softening as tenants gain leverage.

KEY RISKS

  • Distance from CBD may limit long-term capital growth potential

COMPARABLE MARKETS

  • Weir Views (VIC): $622,651 median, 3.8% yield, 8.7% 1yr growth
  • Lovely Banks (VIC): $699,877 median, 4.5% yield, 0.0% 1yr growth
  • Redan (VIC): $498,000 median, 4.2% yield, 11.8% 1yr growth

THE PLAY

Portland North carries elevated risk that outweighs potential returns at current levels. A cooling market combined with moderate vacancy risk warrants caution. Avoid new acquisitions unless significant discount to median pricing is achievable. Re-evaluate if vacancy falls below 2.5% or annual price growth exceeds 3%.

  • Entry range: $613,178 – $749,440
  • Minimum gross yield to target: 4.5%
  • Watch signal: vacancy dropping below 2% and days on market falling below 35

This analysis is for informational purposes only and does not constitute financial, legal, or investment advice. Seek professional advice before making investment decisions.

Gentrification Index

Pre-gentrification3.5/10
▲Low socioeconomic base — classic gentrification precondition
▲Active development pipeline (370 approvals) — supply attracting new residents

Growth Forecast

low confidence
1yr Forecast
1.5%
p.a.
2yr Forecast
1.4%
p.a.
5yr Forecast
1.2%
p.a.

Basis: 5yr CAGR 2.5% + 10yr CAGR 3.2%

Headwinds
  • −Slow market (172 days avg) — buyer hesitancy
  • −High supply pipeline (370 new approvals) — may cap price growth

Suburb Metric Thresholds

1 green6 yellow8 red
Rental Vacancy Rate
3 high impact
Days on Market
172 high impact
Weekly Rent (house)
350 medium impact
5yr Price CAGR
2.48 high impact
10yr Price CAGR
3.21 high impact
1yr Price Growth
6.8 medium impact
Population Growth
0.81 high impact
Median Household Income
1248 medium impact
Unemployment Rate
4.9 medium impact
Public Transport Score
No data medium impact
School Zone Quality
5.5 medium impact
Distance to CBD
301.83 medium impact
SEIFA Advantage/Disadvantage
2 medium impact
Owner Occupier Rate
74.3 medium impact
Gross Rental Yield (%)
2.67 high impact
Net Rental Yield (%)
1.17 high impact

Macro Environment

Macro Indicators

Cash Rate

4.35%

▲ 0.25%

Cash rate as at 2026-05-06 · Credit data 2026-06

Suburb Supply & Demand

Suburb Supply Pipeline — New Dwelling Approvals

55

2020

119

2021

69

2022

68

2023

59

2025

New dwelling approvals — higher numbers mean more future supply

Socio-Economic Profile

Source: ABS Census 2021

SEIFA Index · Postcode 3305

Most disadvantagedLeast disadvantaged

Decile 3 of 10 — High disadvantage

Population

13,344

Education (IEO)

2/10

Econ. Resources (IER)

3/10

10-Year Investment Projection

Modelled on Portland North VIC data — rent, capital growth, tax, and depreciation over 10 years.

Pre-filled: $350/wk median rent for Portland North. Capital growth and rent increase are editable assumptions.

Schools

In your catchment

Portland North Primary School
PrimaryGovernment
5.5/10
Portland Secondary College
SecondaryGovernment
4.8/10

These are the government-school zones containing this suburb centroid. Specific addresses within the suburb may fall in different catchments — confirm with the school directly.

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Data sourced from ABS, state government property sales, and Airbnb market analytics. For informational purposes only — not financial advice.