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50 Percy Street
Portland VIC 3305

Bedrooms: -
Bathrooms: -
Car spaces: 4
Land area: 610m2
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Prime CBD Location

Prime location in the heart of the CBD with high foot traffic, ample customer parking and designated staff parking at the rear.
Currently occupied by ANZ Bank, the space includes an equipped staffroom, counter area, separate office and a spacious carpeted foyer.
Ideal for retail or business use, there is prominent window frontage.
An exciting opportunity to expand or open your business.
Available late October - early November.

Property Details for 50 Percy St, Portland

Building Type
Commercial
Land Size
610m2

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About Portland 3305

The size of Portland is approximately 33.5 square kilometres. It has 28 parks covering nearly 6.2% of total area. The population of Portland in 2011 was 9,600 people. By 2016 the population was 9,717 showing a population growth of 1.2% in the area during that time. The predominant age group in Portland is 50-59 years. Households in Portland are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Portland work in a trades occupation. In 2011, 68% of the homes in Portland were owner-occupied compared with 65.2% in 2016.

Portland has 6,562 properties. Over the last 5 years, Houses in Portland have seen a 83.03% increase in median value, while Units have seen a 35.44% increase. As at 31 August 2024:

  • The median value for Houses in Portland is $395,922 while the median value for Units is $249,524.
  • Houses have a median rent of $445 while Units have a median rent of $370.
There are currently 162 properties listed for sale, and 1 property listed for rent in Portland on OnTheHouse. According to CoreLogic's data, 225 properties were sold in the past 12 months in Portland.

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Nikki Hudson
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