462-470 Tower RoadPortarlington VIC 3223
Property Details for 462-470 Tower Rd, Portarlington
Last Listing description (July 2023)
Settle into nature on this picturesque 4.5 acre (approx.) property, harnessing the benefits of a rural lifestyle within 5 minutes of the Portarlington Pier and sophisticated shopping strip. Brimming with potential you will occupy a blank canvas of fertile land along with the original 4 bedroom, plus study homestead; with modern upgrades and additions ensuring immediate livability - and so much capacity for more!
High-set ceilings, ornate detail, Bull Nose verandahs and authentic details feature heavily throughout, creating a warm and cosy atmosphere within the existing home. A more recent extension amplifies the interior footprint, hosting a modern country kitchen and meals area, secondary living zone with direct access to an undercover entertaining area and upgraded bathroom, toilet and laundry space. Tranquil organic outlooks are enjoyed from multiple viewpoints, connecting you with the outdoors and reminding you of the endless peace and quiet on offer here.
Your 4.5 acre (approx.) parcel advocates potential for crops, vegetables or livestock (STCA), or more simply for you and your family to establish a fully sustainable way of living by the seaside. A double machinery shed with additional lean to accommodates vehicles, machinery and tools; with a rainwater tank and plumbed outhouse being further assets.
This priceless location has you within a stone's throw to the Portarlington Golf Club, Bellarine Spa & Wellness Retreat, Port Phillip Ferry, bayside beaches and an abundance of award winning wineries and restaurants. All practical facilities are also within easy reach, including primary and secondary schools, medical practices and sporting grounds. With the cost of living continually on the rise - there is no better time to make a treechange!
Property History for 462-470 Tower Rd, Portarlington, VIC 3223
- 15 Jul 2023Sold for $1,400,000
- 15 Jun 2023Listed for Sale Not Disclosed
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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 4,157 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.
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