5 Wellington RoadPortland VIC 3305
Property Details for 5 Wellington Rd, Portland
5 Wellington Rd, Portland is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1960. The property has a land size of 825m2 and floor size of 108m2. While the property is not currently for sale or for rent, it was last sold in October 2019.
Last Listing description (August 2024)
Welcome to 5 Wellington Road, a charming and practical 3-bedroom, 1-bathroom vinyl clad home located on the outskirts of Portland's Central Business District, a popular fishing destination on the coast of Victoria.
This property is perfectly positioned within walking distance to the local foreshore, skate park, beaches, and shopping precinct. Whether you are looking for a rental property or a first home, this property is sure to meet your needs.
As you enter the home, you will be greeted with a combined kitchen, dining, and living area, perfect for entertaining friends and family. The bedrooms are all well-sized, providing comfortable accommodation for a family or group of friends. The bathroom is also serviceable and provides everything you need for your daily routine.
Another great feature of this property is its proximity to local amenities. The local health service, milk bar, and chemist are all just a stone's throw away, making it convenient for you to meet all your needs.
Its location also offers a great holiday destination for those looking for that coastal lifestyle.
Currently vacant, it's ready to move in and enjoy or there is an opportunity for the investor to purchase a sound property to add to their portfolio.
Be sure to contact Assets Real Estate today to book your inspection.
Property History for 5 Wellington Rd, Portland, VIC 3305
- 10 Apr 2024Listed for Sale $419,000
- 18 Apr 2023Listed for Sale $419,000
- 22 Jan 2021Listed for Rent $350 / week
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0About 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.
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