OFF MARKET

50 Hereford Street
Portarlington VIC 3223

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 118m2
Land area: 668m2
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Property Details for 50 Hereford St, Portarlington

50 Hereford St, Portarlington is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1982. The property has a land size of 668m2 and floor size of 118m2. While the property is not currently for sale or for rent, it was last transferred in November 2017.

Building Type
House
Year Built
1982
Floor Size
118m2
Land Size
668m2
Local Government
Greater Geelong
Lot/Plan
157/LP125278

Last Listing description (September 2019)

With a lease in place until 27th July 2019, this brick veneer home is a prime opportunity for first home buyers or investors/developers, providing income for today and potential for the future.
An allotment size of 668m2 (approx.) provides a myriad of development potential (STCA) with glimpses of the bay and potential for more if you were to introduce another level.
Features of the property including:

Three good sized bedrooms, all with WIR's
Split system heating/cooling
Wooden floors
Secure rear & front yard
Large shed & ample space for additional vehicles
With parks and nature walking trails all within walking distance, identify the changing landscape and street appeal in this developing area with an eye to the future. Viewings by private inspection only.

Property History for 50 Hereford St, Portarlington, VIC 3223

A timeline of how this property has performed in the market
Last Transferred
17 Nov 2017
Listed for Rent
$280/w
14 Jul 2015
  • 20 May 2019
    Listed for Sale Not Disclosed
  • 17 Nov 2017
    Transferred
  • 12 Jun 2015
    Listed for Rent $280 / 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 4,157 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.
There are currently 28 properties listed for sale, and 2 properties listed for rent in Portarlington on OnTheHouse. According to CoreLogic's data, 111 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.