37 Willis StreetPortarlington VIC 3223
Property Details for 37 Willis St, Portarlington
37 Willis St, Portarlington is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1980. The property has a land size of 2073m2 and floor size of 178m2. While the property is not currently for sale or for rent, it was last sold in February 2022.
Last Listing description (March 2022)
One of the most unique development sites to be offered for auction in many years; 37 Willis Street boasts 2,064m2 approx land content, two street frontages and a RGZ3 zoning.
Located just behind the buzzing retail hub of Portarlington with the Grand Hotel as its centerpiece this location is second to none. The Portarlington township is truly booming with $10 million Grand Hotel renovation nearing completion and a number of other exciting developments currently being considered for the area.
The location of this property is within easy walking distance to the Port Phillip Ferry terminal making it of high appeal to those looking to take advantage of the thriving Portarlington AirBnB market.
With street frontages to both Willis and Stevens Streets and a depth of 100m approx this site offers a myriad of options for the developer STCA. Alternatively, those seeking a unique property on vast land content will not find a better option.
A solid home currently stands on the allotment and offers beautiful views to the bay from its second storey. This four-bedroom home offers an idyllic existence within walking distance to the Portarlington retail-hub and the sparkling beaches of the bay.
This property truly offers a once-in-a-lifetime opportunity to secure an outstanding half-acre allotment within Portarlington's Residential Growth Zone.
37 Willis Street awaits a winning bid.
Property History for 37 Willis St, Portarlington, VIC 3223
- 25 Feb 2022Sold for $2,060,000
- 15 Dec 2021Listed for Sale $1,995,000
- 04 May 2020Listed for Rent $360 / week
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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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