Portland North is a close-knit residential community in Victoria within the Glenelg local government area (postcode 3305). With a population of 708, the suburb has an older-leaning population with a median age of 46. Households earn a median income of $98K per year, with an average household size of 2.6 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.0% year-on-year at the LGA level. VIC employment has moved +0.8% year-on-year in the official ABS Labour Force trend series, which provides the broader jobs backdrop for this suburb. VIC also had 41 Commonwealth-backed major projects under construction, 18 underway, and 24 in planning as at 2025-09-01, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are professionals, technicians & trades, community & personal service. Employment in the area leans toward manufacturing and healthcare. The top ancestries reported are Australian, English, Irish.
Portland North has a median house price of $539,000, which has dropped significantly by 19.3% year-on-year. The current median weekly rent is $420. This gives a gross rental yield of approximately 4.1%. The median monthly mortgage repayment is $1,517.
Portland North is served by 1 school, including 1 primary. The average ICSEA score is 971, which is around the national average of 1,000. The crime rate in the Glenelg LGA is higher than average at 11,862 incidents per 100,000 population.
Looking at the investment signals, Gross rental yield sits at around 4.1% (moderate yield). Property prices sit below the state median ($539K/$850K), which can point to relative value. The price-to-income ratio of 5.5x is considered affordable. House prices have moved -19.3% year-on-year. Population growth of +0.0% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.