Property prices for sale in Portland (Victoria)

The prices in real estate in Portland, in the Victoria region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.

$232,710
Average price last 6 months
$1,492
Price/m² last 6 months
Average price per m2

The price per m² in Portland has increased strongly during the last 6 months. In May, the average price per m² was $688. In the following month the price per m² increased considerably to $1,595. The price for the following two months in (July, August) had a considerable increment of 128 %. The price per m² has had a considerable increase of 144 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per m² of $1,302.25 to $1,871.5 during September, and October.

Average price

Based upon to the price in Portland (suburbs), these have remained the same in the last 6 months. In our first sample month during May, the average price is $236,980. In June This price remains at $231,605. In the following two months the average price has remained the same with regard to the previous two months from $234,292.5 to $235,343.5. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $234,818 and $228,494 between September and October.

Average price per bedrooms

The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 0 % cheaper than the average price of $230,738 in Portland. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 0 % more affordable than the average aforementioned.

With regard to the average prices per m² those properties with 1 bedroom are 0 % cheaper than the average price of ($2,852 / m²) in Portland. Properties with the most affordable price based upon to the number of bedrooms / m² are those with 1 bedroom. They are 0 % cheaper than the average value aforementioned.

Price per property type

With regard to the average price based upon the property in Portland we can see that the cheapest property type is "House" at a price of $230,738, they are 0 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 0 % more affordable than the average price aforementioned.

According to the average area cost by m² the cheapest property type is "House with an average price of $2,852 / m². "House" with an average cost of $2,852 / m² has the lowest price and would be directed at less affluent cities.

Charts data
Average price October
Average price per m² October
Number of properties used in Portland
Number of properties used in region Victoria
$230,738
$2,852
1,338
149,170
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value