OFF MARKET

1/29 Gellibrand Street
Portarlington VIC 3223

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 94m2
Land area: 229m2
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Property Details for 1/29 Gellibrand St, Portarlington

1/29 Gellibrand St, Portarlington is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 229m2 and floor size of 94m2. While the property is not currently for sale or for rent, it was last sold in December 2021.

Building Type
Unit
Floor Size
94m2
Land Size
229m2
Local Government
Greater Geelong
Lot/Plan
1/SP27826

Last Listing description (December 2021)

Situated in a fabulous, central location just 600m to the bustling retail-hub of Portarlington this fantastic two-bedroom residence is the ideal down-sizer or seaside holiday getaway. More like a little house than a unit, this property sits on a corner allotment located on one of Portalington's most sought after streets.

The spacious living area offers the ideal room to wind-down after a morning stroll along the esplanade or a lunch in one of the many cafes the township offers. Large windows allow plenty of natural light into this living area and showcase the beautiful street-scape including mature gums on wide nature strips. The separate kitchen is functional, generously-sized and offers plenty of bench and cupboard space. Reverse-cycle air-conditioning ensures a comfortable temperature in all seasons.

With two spacious bedrooms there will always be room for guests and both bedrooms feature built-in robes. A light-filled bathroom and separate toilet service both bedrooms.

Externally, the property features a single, detached, lock-up garage and ultra-low-maintenance gardens. The home is completed by a rear courtyard offering a private, green-space to relax and enjoy the sun's warming rays.

This property is being offered with vacant possession and is a fantastic long-term or short-term holiday rental option which will generate an outstanding return.

Property History for 1/29 Gellibrand St, Portarlington, VIC 3223

A timeline of how this property has performed in the market
Last Sold
$660,000
19 Dec 2021
  • 19 Dec 2021
    Sold for $660,000
  • 11 Oct 2021
    Listed for Sale $695,000
  • 31 Jan 2018
    Sold for $422,000
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About Portarlington 3223

The size of Portarlington is approximately 24.8 square kilometres. It has 15 parks covering nearly 8.9% of total area. The population of Portarlington in 2011 was 3,581 people. By 2016 the population was 3,618 showing a population growth of 1.0% in the area during that time. The predominant age group in Portarlington is 60-69 years. Households in Portarlington are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Portarlington work in a professional occupation. In 2011, 72.8% of the homes in Portarlington were owner-occupied compared with 69.6% in 2016.

Portarlington has 4,157 properties. Over the last 5 years, Houses in Portarlington have seen a 46.58% increase in median value, while Units have seen a 26.56% increase. As at 31 July 2024:

  • The median value for Houses in Portarlington is $881,662 while the median value for Units is $614,041.
  • Houses have a median rent of $488 while Units have a median rent of $435.
There are currently 28 properties listed for sale, and 2 properties listed for rent in Portarlington on OnTheHouse. According to CoreLogic's data, 111 properties were sold in the past 12 months in Portarlington.

Suburb Insights for Portarlington 3223

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.