Fraud Blocker

Port Welshpool, VIC 3965

Home » VIC Real Estate Data » South Gippsland Shire, VIC » Port Welshpool, VIC 3965

If you’re looking to buy, rent, or invest in property, it’s important to do your research on the suburb first. This includes looking at house prices, real estate rental market data, and other advanced metrics. Here, we’ve compiled that information for Port Welshpool, VIC 3965 to help you make an informed decision about your property choice in this suburb.





Market Snapshot

This page provides an overview of the area’s real estate market. The data in this snapshot illustrates typical price, median rent and gross yield metrics for this suburb. You are able to visualise these 3 key metrics as well as other important indicators in the dashboard section that follows.

Buy 

2BR

3BR

4BR

5BR

Rent 

2BR

3BR

4BR

5BR

Yield 

2BR

3BR

4BR

5BR

Buy 

1BR

2BR

3BR

Rent 

1BR

2BR

3BR

Yield 

1BR

2BR

3BR

Lower Risk RCS™

Upgrade to Professional Plan to see the score

Capital Growth RCS™

Upgrade to Professional Plan to see the score

Cashflow RCS™

Upgrade to Professional Plan to see the score

FREE Investment Property Checklist

Secure your golden ticket to property investment success! Get our meticulously crafted Property Investment Checklist upon subscribing to our newsletter. It’s jam-packed with valuable insights from prime locations to specific building nuances.

Essentials
No Price Data
Loading…

Upgrade to Personal Plan to see forecasts on the graph above.

No Rent Data
Loading…

Upgrade to Personal Plan to see forecasts on the graph above.

Upgrade to Personal Plan to see Yield data.
Yield chart
Upgrade to Professional Plan to see Growth Rate Cycle data.
GRC chart
Fundamentals
Upgrade to Personal Plan to see IRSAD data.
IRSAD chart
Upgrade to Personal Plan to see U|H and R|O data.
Renters to owners pie chart
Upgrade to Personal Plan to see U|H and R|O data.
unit to houses pie charts
Upgrade to Personal Plan to see Demand Profile data.
Demand chart
Upgrade to Professional Plan to see Affordability Index data.
Inventory chart
Supply

Stock on Market

Inventory

Hold Period

Building Approvals

Upgrade to Professional Plan to see Stock On Market trend.
SOM chart
Upgrade to Professional Plan to see Inventory trend.
Inventory chart
Upgrade to Professional Plan to see Building Approvals trend.
Inventory chart
Upgrade to Professional Plan to see Hold Period trend.
Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

Upgrade to Professional Plan to see Days On Market trend.
DOM chart
Upgrade to Professional Plan to see Vacancy Rate trend.
Inventory chart
Upgrade to Professional Plan to see Search Index trend.
Index chart
Upgrade to Professional Plan to see Clearance Rate trend.
Auction chart

How was this calculated? Typical Price is a continuous metric calculated via a process called data fitting. Median Rent is weekly advertised rent based on rentals over the preceding 12 months. Gross Yield is Median Rent x 52 x 100 / Typical Price. To discover additional information, click the “i” icon in the top left corner of each graph or visit the Data Dictionary page.

Have a question? You can either leave a comment below or post it on our forum.

0 thoughts on “Port Welshpool, VIC 3965”

  1. The total adult population (15 years or older) of Port Welshpool 3965 VIC is 204, with a median age of 62. Of those, 47.55% are married, 21.08% are divorced or separated, 23.53% are single and 8.82% are widowed.

    The average household size is 1.8 people per dwelling, and the median household monthly income is estimated to be $4,748. The median monthly mortgage repayment for households in this suburb is $888 which is 18.70% of their earnings.

    Source: ABS Census Data (2021)

  2. The suburb of Port Welshpool with postcode 3965, nestled in the state of Victoria, is home to approximately 355 households. As we venture into the third quarter of 2023, the typical housing prices in this picturesque suburb are noted at $460,649. With this pricing, the median weekly rent comes to be around $227, teaming up to offer an indicative yield of 2.56%. Although this yield is slightly below the 3% benchmark favourable for cashflow-oriented property investors, the attractive housing prices can be a reassuring factor.

    Complementing the affordability, the socio-economic aspects of Port Welshpool also sparkle with an IRSAD score of 922 out of 1217. This right away signifies decent access to economic resources, along with tempting levels of income and skill proficiencies frequented in the region.

    When it comes to the renter to owner ratio and the units to houses ratio, Port Welshpool shines with excellent percentages of 12% and 1% respectively. These statistics display a market not over-saturated by rental properties and a significantly lower proportion of units to houses.

    However, affordability in Port Welshpool might seem a touch challenging considering the affordability index at 38 years – a tad above the conventional 30-year mortgage period. Yet, for investors prepared for a longer-term play, this could still present a viable opportunity.

    Stock on the market for houses is a scant 0.28%, skirting the lower end of the favourable range. The inventory level for houses is somewhat extensive, measured at 6.0 months, potentially indicating a higher supply. Despite this, a building approvals ratio of 0.0% represents limited upcoming supply, which can be an uplifting signal to property investors.

    Days on Market, however, stands at 90 – a slightly higher figure signifying lower demand. Still, a moderate vacancy rate of 2.27%, combined for houses and units, along with a decent buy search index of 5 for houses, indicate satisfactory interest levels in the suburb.

    In the grand scheme of things, Port Welshpool could represent a worthy investment proposition. Although some metrics may border the less favoured ranges, the collective analysis of these figures presents an encouraging panorama. It’s pertinent to note that using tools such as the Relative Composite Score (RCS) by HtAG Analytics can facilitate a more comprehensive examination of over 80 metrics. As we all know, understanding these market nuances can considerably aid in making informed property investment decisions.

    It’s important to note that the above analysis provides a snapshot of current value metrics but doesn’t consider metric trends, which can also significantly influence investment decisions. Moreover, some metrics have greater importance than others based on various factors, a nuance that must be understood for a holistic analysis.

    Join HtAG Analytics to visualise these metrics trends, and gain a deeper understanding of their importance. By becoming part of HtAG Analytics, you will be empowered to make informed decisions, discerning which metrics are more significant in the context of your property investment strategy.

    This content serves to inform and does not constitute investment advice. Property investment involves risks and uncertainties, and professional advice should be sought before making any investment decisions. By leveraging expert guidance, potential investors can ensure a comprehensive understanding of the complex property investment landscape.

Leave a comment