FOR SALE
$379,000

45 Milbanke Street
Portland VIC 3305

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 617m2
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Great investment or Entry level home!

Nestled in a great location, 45 Milbanke Street, Portland, offers a tranquil retreat mere steps away from the vibrant heart of the community. Just a leisurely 300 meters from the esteemed Portland Bowling Club and the breath-taking cliff-top walks that offer panoramic views of Portland Bay. The charming 2-bedroom residence exudes includes a formal lounge with gas heating for cozy evenings indoors. The kitchen, has with ample cupboard space and a 900m stove for the avid chef. The bathroom includes a separate bath and shower there is a third room adjacent to the main bedroom offers versatility as either supplementary storage or an ideal nursery space.
Outside, the corner allotment provides side access, presenting opportunities for further shedding or potential future development and there is a paved undercover area which is the perfect place for residents to unwind or entertain. With its blend of comfort, convenience, and potential, this property has much to offer for new owner.
Contact Assets Real Estate for more information today on 5522 333.
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Property Details for 45 Milbanke St, Portland

45 Milbanke St, Portland is a 2 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 617m2. The place is currently for sale with Assets Real Estate Portland.

Building Type
House
Land Size
617m2

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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 77.78% increase in median value, while Units have seen a 29.97% increase. As at 31 July 2024:

  • The median value for Houses in Portland is $384,680 while the median value for Units is $245,918.
  • Houses have a median rent of $430 while Units have a median rent of $350.
There are currently 166 properties listed for sale, and 1 property listed for rent in Portland on OnTheHouse. According to CoreLogic's data, 224 properties were sold in the past 12 months in Portland.

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Assets Real Estate
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Stuart Wakely
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Assets Real Estate Portland
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