Portland, NSW
OVERVALUED1,997 sales · 36 years of data · NSW, Australia
Portland, NSW Property Market Overview
Portland, NSW, postcode 2847, is a regional suburb with a rich history reflected in its property market. Located in NSW, Portland showcases a property market built on solid foundations with data spanning 36 years and a total of 1,997 recorded sales. The current median property price (all types) sits at $530,000, while houses specifically have a median of $520,000.
Portland's property landscape primarily consists of houses, with a very small percentage of apartments (0.1%). This highlights the suburb's traditional residential character. The suburb's appeal lies in its established community and relatively affordable housing options compared to larger metropolitan centres.
Property Mix
Data You Can Trust
Every figure backed by NSW government sale records
What Subscribers See
A preview of the full analysis available for Portland
Top streets in Portland, NSW by median sale price
See which streets command the highest prices and how many sales back each ranking.
| # | Street | Median Price |
|---|---|---|
| 1 | Wallerawang Rd | $408,500 |
| 2 | Wolgan St | $370,000 |
| 3 | Park Ave | $638,000 |
| 4 | Lime St | $385,000 |
... and 103 more streets available
Subscribers also see:
- Street price per m² analysis
- Street annual growth rates (CAGR)
- Premium vs discount % comparison
Streets by price per square metre
Compare land and building value across streets — essential for finding underpriced pockets.
| # | Street | Median $/m² |
|---|---|---|
| 1 | Wallerawang Rd | $587/m² |
| 2 | Rowsell St | $484/m² |
| 3 | Wolgan St | $914/m² |
| 4 | Saville St | $448/m² |
... and more $/m² rankings
View full $/m² data →Fastest growing streets by median price
10-year compound annual growth rate (CAGR) by street — see which streets are outperforming the suburb.
| # | Street | 10yr CAGR |
|---|---|---|
| 1 | Lime St | +8.5% |
| 2 | Jamieson St | +8.1% |
| 3 | Wolgan St | +8.8% |
| 4 | Williwa St | +8.8% |
... and more street growth rates
See all growth rates →Past growth rates are not indicative of future performance. This data is for informational purposes only.
Building-by-building comparison
Compare individual buildings by price per sqm, median unit price, and sales volume. Identify which buildings are gaining or losing value relative to the suburb average.
View full building data →Flipper risk & hold period analysis
Properties resold within 2 years may signal problems — structural issues, noisy locations, or overpayment. See hold period distribution and flagged streets.
See flipper risk data →Settlement times & problem streets
Extended settlement times can indicate building defects, financing difficulties, or legal issues. See which streets have the longest settlement periods.
See settlement data →Density & development tracking
Track which streets are converting from houses to apartments. Understand how density is changing the suburb's character and property values over time.
See density trends →Unlock the full Portland analysis
107 streets and 1 buildings to explore
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Portland at a Glance
Portland, NSW
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Local Amenities
Living in Portland, NSW
Life in Portland offers a blend of rural charm and community spirit. The suburb is home to Portland Central School, catering to students from kindergarten to year 12. Residents can enjoy the outdoors at various parks and reserves, including the expansive Wolgan State Forest nearby offering bushwalking and scenic views.
While Portland may not have large shopping centres, it has essential local shops and services. The town maintains a close-knit community feel, with local events and activities throughout the year. Portland is a peaceful place to live, away from the hustle and bustle of larger cities, while still offering essential amenities and services.
Who Buys in Portland?
Portland tends to attract a mix of buyers. The relatively affordable median house price of $520,000 may appeal to first home buyers looking for value in a regional setting. The established community and presence of local schools also make Portland attractive to families. Given the historical growth rates and predominantly housing market, some investors may also find Portland appealing, although the 'overvalued territory' cycle position as of early 2026 should be considered.
Market Analysis
Currently, the Portland property market is considered to be above its long-term trend, indicating that it's in overvalued territory. This means that property prices in Portland are elevated relative to their historical performance.
While this doesn't predict future performance, it suggests that potential buyers should carefully analyse the current market conditions and consider the long-term trends before making any decisions in Portland. Understanding where Portland sits in the property cycle is crucial for anyone considering buying or selling in the area.
Is Portland a Good Investment?
Is Portland a good investment? Looking at the historical data, Portland has demonstrated consistent growth over the long term, with a full-period CAGR of 6.2% across 36 years. The 10-year CAGR of 8.3% also indicates solid recent performance.
However, it's important to note that, as of early 2026, the Portland property market is considered to be above its long-term trend, putting it in overvalued territory. This means that prices are higher than what historical trends would suggest. Therefore, while Portland has a track record of growth, potential investors should carefully analyse the current market conditions before making any decisions. The overwhelmingly house-based market, with very few apartments, also shapes Portland's investment dynamics.
Portland Market Outlook
As of early 2026, the Portland property market is currently considered to be above its long-term trend, putting it in overvalued territory. Recent price trends have contributed to this position. While the long-term growth rates have been positive, potential buyers and sellers should be aware of the current market cycle and conduct thorough due diligence before making any decisions in Portland.
Streets & Location in Portland, NSW
Portland is characterised by its network of 107 streets, each contributing to the suburb's unique character. Notable streets within Portland, based on median property price, include WILLIWA ST, WOLGAN ST, and LIME ST. The postcode 2847 identifies Portland and its surrounding area, connecting it to the regional infrastructure of NSW.
Market Dynamics
The property market in Portland is characterised by relatively quick transaction times. The average settlement period is around 40 days, indicating an efficient and active market. Data regarding 'quick-flips' is currently unavailable for Portland, suggesting this is not a common activity in the area.
Development & Density
Portland features a low development density, primarily consisting of detached houses. With only one apartment building recorded, the suburb maintains a predominantly residential character. The very small percentage of properties under strata title (0.1%) reinforces this picture of a suburb dominated by traditional housing.
Growth & Property Mix
Portland has demonstrated consistent growth over the long term. The 10-year Compound Annual Growth Rate (CAGR) stands at 8.3%, while the 20-year CAGR is 6.4%. Looking at the entire 36-year dataset, the full-period CAGR is 6.2%. Given the very low strata title percentage, Portland's property market is overwhelmingly dominated by houses, making it a different investment landscape than higher-density areas.
All data on this page is sourced from NSW government property sale records. Market analysis, cycle positions, growth rates, and all other metrics are provided for informational purposes only and do not constitute financial, investment, legal, or property advice. Always seek independent professional advice before making any property or financial decisions.
This information is based on historical sales data and does not constitute financial, investment, or property advice. Past performance is not indicative of future results. Always consult a qualified professional before making property decisions.