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.
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.
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:
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