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.

$197,475.5
Average price last 6 months
$2,988.25
Price/m² last 6 months
Average price per m2

The price per m² in Portland has increased strongly during the last 6 months. In September, the average price per m² was . In the following month the price per m² increased considerably to . The price for the following two months in (November, December) had a considerable increment of 2147483647 %. The price per m² has had a considerable increase of 120 % 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 $1,865.5 to $2,245.5 during January, and February.

Average price

Based upon to the price in Portland (suburbs), this has gone up considerably in the last 6 months. The average price during our first sample month during September, is . During October the price went through a considerable rise reaching . During the following two months (November, December) the average price had a considerable increase of 2147483647 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 162 % during the last two months.

Average price per bedrooms

The graph showing the average price for bedrooms displays the property with the most expensive price has 3 bedrooms. It is 70 % more costly than the average price of $297,521 in Portland. Based on the bedrooms values, properties with the highest prices are those with 4 bedrooms. They are 131 % more expensive than the average aforementioned.

With regard to the average prices per m² those properties with 3 bedrooms are 134 % more costly than the average price of ($5,370 / m²) in Portland. Properties with the most expensive price based upon to the number of bedrooms / m² are those with 4 bedrooms. They are 1250 % more costly than the average value aforementioned.

Price per property type

The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $175,039 it is 29 % cheaper than the average price in Portland. "House" is seen as the second most affordable property type. The dearest property type is "House" followed by "Land". At a price of $124,328 it is 76 % more expensive than the average price.

According to the average cost per m², the cheapest property type is "House" at an average cost of $390 / m² followed by "Land" priced at $648 / m². "Land" is the cheapest type of property with a $648 / m² value followed by "House" with an average price of $390 / m².

Charts data
Average price February
Average price per m² February
Number of properties used in Portland
Number of properties used in region Victoria
$175,039
$2,294
2,634
190,118
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value