OFF MARKET

25 Richmond Street
Portland VIC 3305

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 159m2
Land area: 458m2
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Property Details for 25 Richmond St, Portland

25 Richmond St, Portland is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1950. The property has a land size of 458m2 and floor size of 159m2. While the property is not currently for sale or for rent, it was last sold in March 2022.

Building Type
House
Year Built
1950
Floor Size
159m2
Land Size
458m2
Local Government
Glenelg
Lot/Plan
1/TP368381

Last Listing description (April 2022)

Number 25 Richmond Street forms part of a unique group of Californian bungalows, situated side by side right in the heart of the central business district. All similar in style but not identical with the common trend being that they are all constructed of red brick with low gable rooflines, capped with terracotta roof tiles. All have been modernised to some degree over the years but care and planning have not compromised the classic bungalow faade of this period. Whilst no. 25 has had gable windows added to maximize internal living space the property has great street appeal and sits with pride of place alongside its neighbours.
Consisting of 3 / 4 bedrooms, 2 bathrooms, 2 living and an abundance of outdoor entertaining areas. The home has been tastefully renovated and presented as a stylish and modern home. Stainless steel appliances, contrast well with the neutral kitchen cabinetry and rich timber flooring that is a feature throughout the home. Both bathrooms and the laundry have been refurbished with a spa/jacuzzi within the main bathroom. The master bedroom and ensuite is positioned upstairs and enjoys views to the harbour.
Outside a double length single fronted garage / carport takes care of the vehicles, with a workshop / craft room also under this roofline. Access on the southside of the home could also be utilized should extra parking be required.

The rear of the home forms a secure and private courtyard, capturing the afternoon sunshine beautifully, creating a pleasant environment. An original outbuilding which has been transformed into an entertaining area boasts a potbelly stove enabling the outdoors to be enjoyed during the cooler weather.
This property has been very well maintained and it is a walk-in do nothing proposition. Ideally suited to those wishing to enjoy the convenience of central living, the property would also make a great Air B&B or short / long term accommodation. Properties of this nature are tightly held and do not present to the market often, so now is the time to act.
Contact one of our experienced agents to arrange a private inspection today.

Property History for 25 Richmond St, Portland, VIC 3305

A timeline of how this property has performed in the market
Last Sold
$750,000
08 Mar 2022
Listed for Rent
$350/w
13 Dec 2012
  • 08 Mar 2022
    Sold for $750,000
  • 08 Feb 2022
    Listed for Sale $750,000
  • 15 Aug 2012
    Listed for Rent $350 / 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 6,581 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.