SOLD
Sold on 10 Jan 2024 for $540,000

116 Browning Street
Portland VIC 3305

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 2365m2
Save

Property Details for 116 Browning St, Portland

Building Type
Commercial
Land Size
2365m2
Local Government
Glenelg
Lot/Plan
1/PS615887

Last Listing description (March 2021)

This tidy work shop and investment opportunity offers a large Shed at 450m2 with large rolling doors 4.2m in height sitting on a large block on 2364m2. This work shop shed features 3 phase power a large office space joining onto a large reception entry space a large staff room and bathroom room including shower and toilet. This tidy work shop operates as an accredited mechanical workshop.

Some key facts about the property:

450m2 industrial shed with 4.2m access door height
Total land size 2364m2
Owner to lease back for 12months

For more details or to organise your inspection of the property contact the team at Portland Seaview Real Estate today on 03 55233822.

Property History for 116 Browning St, Portland, VIC 3305

A timeline of how this property has performed in the market
Last Sold
$540,000
10 Jan 2024
  • 10 Jan 2024
    Sold for $540,000
  • 04 Jan 2021
    Sold for $460,000
  • 07 Jul 2019
    Listed for Sale $470,000
Sign in to see more transactions

Commute Calculator

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 6,563 properties. Over the last 5 years, Houses in Portland have seen a 65.80% increase in median value, while Units have seen a 40.03% increase. As at 30 September 2024:

  • The median value for Houses in Portland is $389,963 while the median value for Units is $267,575.
  • Houses have a median rent of $450 while Units have a median rent of $360.
There are currently 163 properties listed for sale, and 3 properties listed for rent in Portland on OnTheHouse. According to CoreLogic's data, 234 properties were sold in the past 12 months in Portland.

Suburb Insights for Portland 3305

Market Insights
Portland Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Portland Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.