Portobello Property Market And House Prices

Suburb of Dunedin City

Ed McKnight

Author: Ed McKnight

Our Resident Economist, with a GradDipEcon and over five years at Opes Partners, is a trusted contributor to NZ Property Investor, Informed Investor, Stuff, Business Desk, and OneRoof.

Last Updated:

Key house price data for Portobello, Dunedin City

Average House Value

4.5%
$638,850

Average Rent

$498

Estimated Yield

4.1%

Long Term Capital Growth

Not enough data available

Ed's Insights

Portobello is a suburb in Dunedin City.

588 people currently live in Portobello. 13.8% of these people rent.

The average house value in Portobello is $638,850.

That’s down 2.9% from from 2 years ago.

The median rent in Portobello is $498.

Market Insight - Median House Price Trend

Sales Data

Average House Value

4.5%
$638,850

Median Days to Sell

23

Properties listed for sale in the last month

2

Properties sold in the last 12 months

10

Insights

The average house value in Portobello is $638,850.

On average it takes 23 days to sell a house.

All up 10 properties were sold in Portobello over the last year, and 2 properties were listed for sale in the last month.

Rental Data

Median Rent

$498

Rental properties listed last year

4,449

Rental properties listed last month

426

Median days to rent

21
BedroomsRentChange
1 Bedroom
$359/week10.6%
2 Bedrooms
$532/week8.7%
3 Bedrooms
$620/week5.1%
4 Bedrooms
$750/week7.1%

Insights

There is no rental data available for Portobello at this time. We are working hard to get this data. We hopefully will have some shortly.

Demographic Info

What do tenants in Portobello want?

The most popular number of bedrooms a tenant rents in Portobello is 3 bedrooms.

50.0% of tenants in the suburb rent properties with 3 bedrooms.

The most popular number of cars in Portobello is 1 car.

50.0% of residents in the suburb own 1 car.

How many Bedrooms do renters have in Portobello?

How many Cars do renters have in Portobello?