OFF MARKET

1/50 Payne Street
Portarlington VIC 3223

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 138m2
Land area: 307m2
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Last updated 2 Sep 2024
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Property Details for 1/50 Payne St, Portarlington

1/50 Payne St, Portarlington is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2005. The property has a land size of 307m2 and floor size of 138m2. While the property is not currently for sale or for rent, it was last sold in October 2020.

Building Type
Unit
Year Built
2005
Floor Size
138m2
Land Size
307m2
Local Government
Greater Geelong
Lot/Plan
1/PS600386

Last Listing description (January 2022)

This tidy unit comprises of two large bedrooms, two bathrooms (ensuite in master bedroom) and powder room with a tiled entry adjoining the large open planned lounge and kitchen. The kitchen offers gas cooking and island bench with stone bench tops, walk in pantry and ample cupboard space. The adjacent meals/dining room can be served as a second living space with reverse cycle air-conditioning units are in both lounge and dining areas. The double garage is accessible via a shared driveway, allows internal access into the unit. There is also separate laundry with rear yard access making this a functional and flowing unit to live in. To compliment all of this, an alfresco area faces the kitchen offering privacy and flexibility for entertaining and everyday living and is set within a low maintenance garden.

All Inspections require ID and only completed applications will be accepted.

Property History for 1/50 Payne St, Portarlington, VIC 3223

A timeline of how this property has performed in the market
Last Sold
$520,000
26 Oct 2020
Listed for Rent
$390/w
25 Jan 2022
  • 17 Jan 2022
    Listed for Rent $390 / week
  • 26 Oct 2020
    Sold for $520,000
  • 03 Oct 2020
    Listed for Sale $539,000
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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.