3/23 Barkly StreetPortland VIC 3305
Property Details for 3/23 Barkly St, Portland
3/23 Barkly St, Portland is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 98.3m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 2 bedroom Unit sold in Portland in the last 12 months.
Last Listing description (August 2024)
The stylishly renovated unit is for downsizers, first home buyers and investors. If you're in search of something convenient and low-maintenance then look no further than this newly renovated 2-bedroom unit located near the South Portland shopping precinct.
Upon entry, you'll be impressed by how light filled the unit is and how welcoming the home feels. The living area offers ample space for a 4-seater couch as well as a dining table. The brand new kitchen features plenty of bench space, a breakfast bar, abundant cupboard space and is complete with a dishwasher, large sink, and new appliances. The addition of quality oak flooring adds durability and a touch of elegance, seamlessly flowing through the living space, hallway, and kitchen.
The two spacious bedrooms easily accommodate queen-sized beds and side tables, each equipped with double robes featuring internal draws and plush new carpets.
Outside, a generously sized courtyard awaits, featuring painted black paving, a grassy area, and garden space. Perfect for hosting BBQs or simply enjoying outdoor relaxation, the low-maintenance backyard offers potential for those with a green thumb to create something truly special.
Additional features include new ceiling insulation, single carport, low voltage downlights throughout, new blinds, a new split system for climate control, outdoor lighting, new fencing and clothesline. All this in a lovely quiet unit complex.
For investors, this unit presents an excellent opportunity with great depreciation benefits and the potential for positive returns with an expected weekly rental of $370 per week (6.2% return) or around $400 per week furnished (6.7% return). The owner will consider selling the furniture with the unit.
Property History for 3/23 Barkly St, Portland, VIC 3305
- 14 Aug 2024Sold
- 29 Apr 2024Listed for Sale $309,000
- 14 Nov 2023Sold for $555,000
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0About 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 6,569 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.
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