SOLD
Sold on 12 Jun 2024 for $2,098,000

155 Percy Street
Portland VIC 3305

Bedrooms: 1
Bathrooms: -
Car spaces: -
Land area: 2025m2
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Property Details for 155 Percy St, Portland

Building Type
Commercial
Land Size
2025m2
Local Government
Glenelg
Lot/Plan
7~10/PP5651

Last Listing description (March 2018)

Resort Brokers ID : LH002870

Long 29 year lease on motel

Without question, the best motel in town

15 x 4 Star Motel Units

7 x Serviced Apartments

Located in the centre of Portland in the main street

Bed & Breakfast Only

Walking distance to pub, shops and beach

Manager's residence with three bedrooms

Property History for 155 Percy St, Portland, VIC 3305

A timeline of how this property has performed in the market
Last Sold
$2,098,000
12 Jun 2024
  • 12 Jun 2024
    Sold for $2,098,000
  • 02 Jul 2018
    Sold for $330,000
  • 20 Dec 2013
    Listed for Sale $1,060,000
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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 6,581 properties. Over the last 5 years, Houses in Portland have seen a 66.02% increase in median value, while Units have seen a 17.40% increase. As at 30 November 2024:

  • The median value for Houses in Portland is $394,895 while the median value for Units is $278,104.
  • Houses have a median rent of $450 while Units have a median rent of $385.
There are currently 161 properties listed for sale, and 2 properties listed for rent in Portland on OnTheHouse. According to CoreLogic's data, 252 properties were sold in the past 12 months in Portland.

Suburb Insights for Portland 3305

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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.