SOLD
Sold on 17 May 2024 for $890,000

1/36 Welfare Street
Portarlington VIC 3223

Bedrooms: 5
Bathrooms: 4
Car spaces: 2
Floor area: 131m2
Land area: 424m2
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Property Details for 1/36 Welfare St, Portarlington

1/36 Welfare St, Portarlington is a 5 bedroom, 4 bathroom Unit with 2 parking spaces and was built in 2012. The property has a land size of 424m2 and floor size of 131m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 5 bedroom Unit sold in Portarlington in the last 12 months.

Building Type
Unit
Year Built
2012
Floor Size
131m2
Land Size
424m2
Local Government
Greater Geelong
Lot/Plan
1/PS508970

Last Listing description (July 2024)

Offering a sensational opportunity for dual living suitable for accommodating extended family or as a holiday or permanent rental investment, this unique property holds unlimited potential. The entire home can be enjoyed as a spacious residence, featuring five bedrooms, four bathrooms, two kitchens and versatile living spaces or alternatively you have the option to rent either one or both spaces. Positioned in a private cul de sac with wonderful views across the bay and beyond to Melbourne you will enjoy the scenery and wildlife of Point Richards reserve or watching the local Portarlington footy match from the expansive north west facing balcony. The home further features heating and cooling for year round comfort, a low maintenance garden, double garage plus extra car space. So whether it's a savvy investment opportunity you are seeking or a permanent home, this property holds potential for so many options and is well positioned with Portarlington's boutique stores, cafes, beach a ferry are only a short distance away.

Disclaimer:
Information contained on any marketing material, website or other portal should not be relied upon. You should make your own enquiries and seek your own independent advice with respect to any property advertised or the information about the property.

Property History for 1/36 Welfare St, Portarlington, VIC 3223

A timeline of how this property has performed in the market
Last Sold
$890,000
17 May 2024
Listed for Rent
$300/w
13 Jun 2019
  • 17 May 2024
    Sold for $890,000
  • 17 May 2024
    Sold for $890,000
  • 26 Apr 2024
    Listed for Sale $895,000 - $945,000
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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.