1/24 Otway StreetPortland VIC 3305
Property Details for 1/24 Otway St, Portland
1/24 Otway St, Portland is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 142m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 2 bedroom Unit sold in Portland in the last 12 months.
Last Listing description (June 2024)
Welcome to 1/24 Otway Street, a beautifully presented brick veneer unit located in a central and convenient location. This low-maintenance property offers a comfortable and hassle-free lifestyle, with its thoughtfully designed layout.
Step inside and be greeted by a light and bright living area that welcomes you with a warm and inviting atmosphere. The large windows allow natural light to flood the space, creating a cheerful ambiance. Whether you're relaxing after a long day or entertaining friends and family, this living area provides a versatile space to meet your needs.
The kitchen is a functional and practical area with plenty of cupboard space, the two bedrooms both have built-in robes and adjacent to the living area, you'll find a sunny courtyard that provides an ideal space for outdoor enjoyment. Whether you want to soak up the sun, enjoy a morning coffee, or host a small gathering, this private outdoor area is a nice place to relax.
Property History for 1/24 Otway St, Portland, VIC 3305
- 23 May 2024Sold for $1,000
- 24 May 2023Listed for Sale $329,000
- 18 Oct 2004Sold for $158,000
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About Portland 3305
The size of Portland is approximately 33.5 square kilometres. It has 28 parks covering nearly 6.2% of total area. The population of Portland in 2011 was 9,600 people. By 2016 the population was 9,717 showing a population growth of 1.2% in the area during that time. The predominant age group in Portland is 50-59 years. Households in Portland are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Portland work in a trades occupation. In 2011, 68% of the homes in Portland were owner-occupied compared with 65.2% in 2016.
Portland has 6,562 properties. Over the last 5 years, Houses in Portland have seen a 77.78% increase in median value, while Units have seen a 29.97% increase. As at 31 July 2024:
- The median value for Houses in Portland is $384,680 while the median value for Units is $245,918.
- Houses have a median rent of $430 while Units have a median rent of $350.
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