FOR SALE
$425,000

16 Bennett Street
Portland VIC 3305

Bedrooms: 4
Bathrooms: 1
Car spaces: 1
Land area: 697m2
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Solid Investment With Quality Tenants

Brick construction and on a concrete slab, low maintenance is the key to this solid four-bedroom home that has been updated using modern tones throughout.
A neutral kitchen opens to the dining/living space which provides access to the enclosed backyard. The kitchen has ample bench and cupboard space and includes a breakfast bar and dishwasher all ideally located so you can be watching the kids play in the backyard while prepping meals.
The formal living room is welcoming with features such as exposed beams and a reverse cycle system for comfort.
Three of the four bedrooms come with built-in wardrobes while the 4th room is an ideal nursery or study. The main bathroom has undergone a renovation and has the added convenience of being two-way from the main bedroom and hallway.
Solar panels, a partially covered paved outdoor area plus a playground for the kids, and 4m x 3m garden shed are found in the large fenced backyard. There is still plenty of room to add another large shed (STCA) while the carport ensures undercover access inside.
Bennett Street is a quiet, family area in Portland and the home is currently tenanted with quality tenants willing to stay on, making this property with all its features well worth adding to your rental portfolio.
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Property Details for 16 Bennett St, Portland

16 Bennett St, Portland is a 4 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 697m2. The place is currently for sale with Hudson Property.

Building Type
House
Land Size
697m2

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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 6,577 properties. Over the last 5 years, Houses in Portland have seen a 63.79% increase in median value, while Units have seen a 41.95% increase. As at 31 October 2024:

  • The median value for Houses in Portland is $384,561 while the median value for Units is $277,420.
  • Houses have a median rent of $450 while Units have a median rent of $375.
There are currently 157 properties listed for sale, and 1 property listed for rent in Portland on OnTheHouse. According to CoreLogic's data, 245 properties were sold in the past 12 months in Portland.

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Nikki Hudson
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