3/123 Newcombe StreetPortarlington VIC 3223
Property Details for 3/123 Newcombe St, Portarlington
3/123 Newcombe St, Portarlington is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1980. The property has a land size of 139m2 and floor size of 69m2. While the property is not currently for sale or for rent, it was last sold in March 2021.
Last Listing description (April 2021)
A wonderful opportunity to secure an investment property or great little low-maintenance getaway, ideal for weekends and summer holidays that is central to everything in the thriving holiday destination of Portarlington.
This neat brick veneer unit is one of four and located within an easy five-minute stroll to shops, restaurants and the beach.
Comprising of two bedrooms, bathroom, combined living/dining and kitchen area, single garage with laundry at the rear. A private courtyard and undercover outdoor entertaining area complete this unit.
This is a great opportunity for all investors or first home buyers - It has everything you'll ever want or need if you're starting out or slowing down in the real estate market. Astute investors will love the exceptional location for future tenants and the work that's been done.
Please contact Luke Campbell on 0409 554 949 to book a private inspection.
Property History for 3/123 Newcombe St, Portarlington, VIC 3223
- 12 Mar 2021Sold for $460,000
- 19 Aug 2020Listed for Sale $465,000
- 27 Nov 2019Sold for $405,000
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0About 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 4,136 properties. Over the last 5 years, Houses in Portarlington have seen a 36.03% increase in median value, while Units have seen a 30.36% increase. As at 31 October 2024:
- The median value for Houses in Portarlington is $842,887 while the median value for Units is $671,719.
- Houses have a median rent of $480 while Units have a median rent of $440.
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