SOLD
Sold on 23 Dec 2023 for $970,000

38 Willis Street
Portarlington VIC 3223

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 1006m2
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Property Details for 38 Willis St, Portarlington

38 Willis St, Portarlington is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 1006m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 3 bedroom House sold in Portarlington in the last 12 months.

Building Type
House
Land Size
1006m2
Local Government
Greater Geelong
Lot/Plan
1/TP836883

Last Listing description (April 2024)

Nestled in the heart of Portarlington, this captivating property presents a rare opportunity for those seeking a renovation project or a prime development venture. Set on an expansive approx. 1006m2 parcel of land with an impressive approx. 20-meter frontage, this elevated position affords an ideal canvas for your real estate dreams.

Situated in the highly sought-after Portarlington area, this property enjoys the tranquillity of a coastal lifestyle while still being close to essential amenities. Just moments from the beach, shopping precincts, cafes, and schools, the location is both convenient and charming.

The existing three-bedroom dwelling, though in need of renovation, is brimming with character and potential. Its classic design and original features provide an excellent foundation for those seeking to create a unique and personalized living space. Renovators will appreciate the opportunity to breathe new life into this charming original home. Its structure and character can be enhanced to create a modern and stylish residence while preserving its classic charm.

With its large land size and generous frontage, this property is an excellent prospect for developers looking to build multiple dwellings (STCA) or subdivide into smaller lots. Perched on an elevated position, the property offers the potential for breathtaking views of the surrounding landscape, ensuring a picturesque setting to enjoy each day.

The Bellarine Peninsula is thriving with activity and the Port Phillip Ferry now runs daily to the Melbourne Docklands. Check out the Bellarine 'Taste Trail' with farm gate producers, wineries, award winning cafes and restaurants.

Property is currently tenanted with a great tenant that would be happy to stay, if you're thinking of investing...

Don't miss your chance to secure this unique property with outstanding development potential or the perfect canvas for your renovation dreams. The possibilities are limitless in this sought-after location, and the charm of Portarlington awaits. Arrange a viewing today, contact Trevor McManus on 0448810074.

Property History for 38 Willis St, Portarlington, VIC 3223

A timeline of how this property has performed in the market
Last Sold
$970,000
23 Dec 2023
  • 23 Dec 2023
    Sold for $970,000
  • 19 Oct 2023
    Listed for Sale Not Disclosed
  • 24 Nov 2003
    Sold for $270,000
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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 4,137 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.
There are currently 32 properties listed for sale, and 1 property listed for rent in Portarlington on OnTheHouse. According to CoreLogic's data, 100 properties were sold in the past 12 months in Portarlington.

Suburb Insights for Portarlington 3223

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Neville Richards Real Estate - Drysdale
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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.