OFF MARKET

4/161 Newcombe Street
Portarlington VIC 3223

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 158m2
Land area: 174m2
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Last updated 14 Oct 2024
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Property Details for 4/161 Newcombe St, Portarlington

4/161 Newcombe St, Portarlington is a 2 bedroom, 2 bathroom Unit with 2 parking spaces. The property has a land size of 174m2 and floor size of 158m2.

Building Type
Unit
Floor Size
158m2
Land Size
174m2
Local Government
Greater Geelong
Lot/Plan
4/PS815969

Last Listing description (July 2021)

A unique opportunity has arisen to secure one of three brand new townhouses within walking distance of the Portarlington shopping strip and the white sandy beaches of Port Phillip Bay. These beautifully appointed townhouses offer modern and convenient living. Perfect for the investor, retiree, first home buyer or downsizer these superb townhouses are a must to inspect.

Key property features of each townhouse include:

Townhouse 4

* Double storey townhouse
* Open plan kitchen/living/dining with stainless steel appliances
* Two double bedrooms
* Single lockup garage with one additional parking space
* Two bathrooms with separate powder room
* Reverse-cycle air-conditioning
*174m2 (approx.) land content
*Currently tenanted until October 2021
* $590,000-$610,000

Townhouse 5
* Double storey townhouse
* Open plan kitchen/living/dining with stainless steel appliances
* Two double bedrooms
* Single lockup garage with one additional parking space
* Two bathrooms with separate powder room
* Reverse-cycle air-conditioning
*160m2 (approx.) land content
*Currently tenanted until January 2022
* $590,000-$610,000

Townhouse 6
* Double storey townhouse
* Open plan kitchen/living/dining with stainless steel appliances
* Two double bedrooms
* Single lockup garage with one additional parking space
* Two bathrooms with separate powder room
* Reverse-cycle air-conditioning
*158m2 (approx.) land content
*Currently tenanted until May 2021
* $590,000-$610,000

Property History for 4/161 Newcombe St, Portarlington, VIC 3223

A timeline of how this property has performed in the market
Listed for Rent
$360/w
28 Sep 2020
  • 15 Sep 2020
    Listed for Rent $360 / week
  • 08 Apr 2020
    Listed for Rent $360 / week
  • 11 Apr 2019
    Listed for Sale Not Disclosed

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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 4,132 properties. Over the last 5 years, Houses in Portarlington have seen a 44.84% increase in median value, while Units have seen a 26.70% increase. As at 30 September 2024:

  • The median value for Houses in Portarlington is $869,129 while the median value for Units is $642,576.
  • Houses have a median rent of $480 while Units have a median rent of $460.
There are currently 28 properties listed for sale, and 2 properties 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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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.