Average rent in Portland, VIC — 2026

Portland sits below the Victoria median, with the typical renter paying $250/week — 31% less than the state-wide $363/week baseline (ABS Census 2021). The suburb skews owner-occupied: 72% own outright or with a mortgage, and only 25% rent. Housing stock is dominated by separate houses (89%), with limited high-density development. Population sits at 11,230, the median age is 47, and the most common occupation is Professionals. 9% of residents were born overseas. Portland is 303km from Melbourne, often putting it outside the inner-ring rent pressure zone — though state-level rent indices show the 2021 baseline is now meaningfully out of date. Your reported figure above gives the live read; the Census number anchors the historical baseline.