OFF MARKET

23 Otway Street
Portland VIC 3305

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 168m2
Land area: 788m2
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Property Details for 23 Otway St, Portland

23 Otway St, Portland is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1950. The property has a land size of 788m2 and floor size of 168m2. While the property is not currently for sale or for rent, it was last sold in March 2018.

Building Type
House
Year Built
1950
Floor Size
168m2
Land Size
788m2
Local Government
Glenelg
Lot/Plan
1/TP420014

Last Listing description (September 2024)

Conveniently located in the heart of Portland's CBD, this charming weatherboard home situated on a generous 787m2 allotment would be the perfect opportunity for a first home buyer, family or investment property.
The home consists of three spacious bedrooms, with the option of a fourth bedroom, office or mudroom. There are two living areas and two bathrooms providing space and convenience for the occupants of the home. Of further convenience is gas heating and Hybrid flooring throughout the living spaces, while carpet adds warmth and comfort to the bedrooms. A woodfire in the main dining space offers an alternate heat source.
The exterior of this property features a large shed with concrete flooring and wide and high entrance. An outdoor undercover alfresco area for year-round entertaining enhances the livability of the home, as does low maintenance gardens.

Ideally located within walking distance to the CBD, foreshore precinct and close to local schools is what enhances the attraction of the property for a families, first home owners or your portfolio.
This unique property is also for sale with the option of walk-in, walk-out.
For all enquiries call exclusive agent Allan Barrett on 0438 660 057 or the team at Seaview Real Estate on 55233822.

Property History for 23 Otway St, Portland, VIC 3305

A timeline of how this property has performed in the market
Last Sold
$160,001
09 Mar 2018
  • 19 Jul 2024
    Listed for Sale Not Disclosed
  • 09 Mar 2018
    Sold for $160,001
  • 12 Dec 2017
    Listed for Sale REDUCED PRICE $175,000
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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 2 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.