OFF MARKET

2/28 Fairfax Street
Portarlington VIC 3223

Bedrooms: 2
Bathrooms: 1
Car spaces: -
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Last updated 2 Sep 2024
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Property Details for 2/28 Fairfax St, Portarlington

2/28 Fairfax St, Portarlington is a 2 bedroom, 1 bathroom Unit.

Building Type
Unit
Local Government
Greater Geelong
Lot/Plan
1/PS846816

Last Listing description (October 2023)

Sure to appeal to a multitude of buyers, this stylish, two-bedroom unit with an urban, industrial-edge offers the ideal coastal getaway, downsize option or savvy beach-side investment. Situated within walking distance to the idyllic township of Portarlington, with it's energetic cafe scene and iconic safe harbour, this property is sure to impress based on location, lifestyle and convenience.

The open-plan kitchen/living/dining area is light-filled and offers plenty of space to relax and entertain. Polished concrete floors combine with the grey kitchen joinery and the grey feature-wall in the dining room to create an urban, industrial-edge to the finish of the home.

The property features two spacious bedrooms, both with built-in robes. Both bedrooms are serviced by the home's centrally-located bathroom. Reverse-cycle air-conditioning maintains a comfortable temperature throughout the seasons.

Externally, the home offers a single, lock-up garage and a secluded rear courtyard garden. Alternatively, the open-plan living opens to a front courtyard providing further options for outdoor space. Ideal for entertaining outdoors in the sun or simply relaxing privately, this property offers an idyllic setting perfect for any occasion.

Please note the property is tenanted on a fixed tenancy until August 2024 at $360 a week.

Property History for 2/28 Fairfax St, Portarlington, VIC 3223

A timeline of how this property has performed in the market
Listed for Rent
$360/w
27 Jul 2023
  • 27 Jul 2023
    Listed for Rent $360 / week
  • 21 Apr 2023
    Listed for Sale $565,000-$585,000

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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.