OFF MARKET

48 Payne Street
Portarlington VIC 3223

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 112m2
Land area: 759m2
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Property Details for 48 Payne St, Portarlington

48 Payne St, Portarlington is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1990. The property has a land size of 759m2 and floor size of 112m2. While the property is not currently for sale or for rent, it was last sold in June 2016.

Building Type
House
Year Built
1990
Floor Size
112m2
Land Size
759m2
Local Government
Greater Geelong
Lot/Plan
9/LP54545

Last Listing description (May 2023)

Offering a comfortable lifestyle and conveniently located less than 1.6km to the idyllic township of Portarlington, this fabulous home is the perfect beach-side, holiday getaway or permanent coastal residence. Situated less than 1.1km to the stunning beaches of Port Phillip Bay this property is truly positioned in a stellar location.

The residence has been lovingly renovated to create a home with a modern, coastal interior. The open-plan kitchen/living/dining area is spacious and light-filled. Polished timber floorboards combine with the crisp, white tones of the interior to create stunning home with character and warmth. The living area boasts a solid fuel heater that provides warmth during the cooler months. A reverse-cycle air-conditioner provides heating and cooling for the remainder of the year. The kitchen features electric cooking and ample bench and cupboard space.

A sun-room provides a second, cosy living space to relax and entertain. Ideal as a quiet sitting area this space provides the perfect location to absorb some of the suns warming rays. A spacious under-cover entertaining area is accessed off this sun-room which provides the ideal space to entertain outdoors while the kids play in the backyard. A store room, accessed via this under-cover area and provides for all your additional storage needs.

The home features three spacious bedrooms, one with reverse-cycle air-conditioner. A stylishly renovated and centrally-located bathroom services the three bedrooms.

Externally, a detached double, lock-up garage provides parking for your vehicles while access at the side of the home allows for parking of boats and caravans. A garden shed provides for storage of garden maintenance equipment and the spacious rear yard is low-maintenance with mature plantings that create a private garden oasis.

A potential dual-occupancy site (STCA) this property will appeal to a myriad of buyers.

Property History for 48 Payne St, Portarlington, VIC 3223

A timeline of how this property has performed in the market
Last Sold
$375,000
02 Jun 2016
Listed for Rent
$440/w
17 Apr 2023
  • 03 Mar 2023
    Listed for Rent $440 / week
  • 23 Dec 2022
    Listed for Sale $850,000-$895,000
  • 21 Feb 2018
    Listed for Rent $340 / week
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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 4,136 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.
There are currently 31 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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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.