SOLD
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Sold on 17 Jul 2024 for $640,000

126-128 Must Street
Portland VIC 3305

Bedrooms: 4
Bathrooms: 1
Car spaces: 12
Land area: 8858m2
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Property Details for 126-128 Must St, Portland

126-128 Must St, Portland is a 4 bedroom, 1 bathroom House with 12 parking spaces. The property has a land size of 8858m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 4 bedroom House sold in Portland in the last 12 months.

Building Type
House
Land Size
8858m2
Local Government
Glenelg
Lot/Plan
1/TP828440

Last Listing description (July 2024)

Discover an incredible opportunity in the picturesque coastal township of Portland. This expansive 8858m² property features subdividable residential land, perfect for immediate investment and future development. The spacious four-bedroom home, complete with a study, two generous living areas, and a recently renovated main bathroom is ready to move into or perhaps further improve. This relocated home rests on a solid concrete stump foundation, ensuring durability and peace of mind.

Additionally, the property includes substantial shedding measuring 14 x 7.5m, 14 x 6m, and 15.5 x 7.5m and 7.5 x 10m, including 3 phase power making it ideal for anyone needing extensive storage space for business or hobby pursuits. With its blend of residential comfort and commercial potential, this property is a rare find. Whether you're looking to invest in the future while enjoying immediate returns, this package is a Must-see. Don't miss out on this unique opportunity in beautiful Portland.

Property History for 126-128 Must St, Portland, VIC 3305

A timeline of how this property has performed in the market
Last Sold
$640,000
17 Jul 2024
  • 12 Jul 2024
    Sold for $640,000
  • 14 May 2024
    Listed for Sale $675,000
  • 18 Jun 2003
    Sold for $26,000

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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 6,563 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.

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