116 Browning StreetPortland VIC 3305
Property Details for 116 Browning St, Portland
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:
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
- 10 Jan 2024Sold for $540,000
- 04 Jan 2021Sold for $460,000
- 07 Jul 2019Listed for Sale $470,000
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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 6,577 properties. Over the last 5 years, Houses in Portland have seen a 63.79% increase in median value, while Units have seen a 41.95% increase. As at 31 October 2024:
- The median value for Houses in Portland is $384,561 while the median value for Units is $277,420.
- Houses have a median rent of $450 while Units have a median rent of $375.
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