OFF MARKET

23 Madeira Close
Portland VIC 3305

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 132m2
Land area: 711m2
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Property Details for 23 Madeira Cl, Portland

23 Madeira Cl, Portland is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 2013. The property has a land size of 711m2 and floor size of 132m2. While the property is not currently for sale or for rent, it was last sold in November 2022.

Building Type
House
Year Built
2013
Floor Size
132m2
Land Size
711m2
Local Government
Glenelg
Lot/Plan
58/PS602952

Last Listing description (January 2023)

Here is a great opportunity to purchase a solid investment, that is generating a strong return. Located in south Portland and within walking distance to the school precinct and local takeaway store is this ideal 3 bedroom and 2 bathroom brick veneer home that would be a great addition to your portfolio. All 3 bedrooms are of a generous size, all feature carpet, 2 with ceiling fans, all have built-in-robes while the main offers you the luxury of a walk in robe and en-suite. Within the large open plan kitchen, dining and living there is great bench space along the island breakfast bar, a stainless steel gas cook-top/electric oven and a dishwasher for your convenience. The north facing living area overlooks the secure backyard and allows plenty of natural light in, there is a ceiling fan for the warmer days making this the perfect space to gather. The main bathroom is easily accessible of the hallway and the toilet is separate.
Outside on the large 711m2 allotment there is a double garage attached to the home, there is a side access point wide enough for a vehicle into the secure backyard, a small garden shed for your tools and the added bonus of a solar panel booster hot-water system.
If its security that your looking for with your investments, with a good return or your first home to enter into the market, then 23 Madeira has you covered.

Contact Assets Real Estate today to book your inspection.

Property History for 23 Madeira Cl, Portland, VIC 3305

A timeline of how this property has performed in the market
Last Sold
$490,000
29 Nov 2022
Listed for Rent
$440/w
17 Jun 2022
  • 29 Nov 2022
    Sold for $490,000
  • 17 Jun 2022
    Listed for Rent $440 / week
  • 26 Oct 2021
    Listed for Rent $440 / week
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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.

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.