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Sold on 15 Aug 2024 for $250,000

3 Lancaster Close
Portland VIC 3305

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Land area: 154m2
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Property Details for 3 Lancaster Cl, Portland

3 Lancaster Cl, Portland is a 1 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 154m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 1 bedroom Unit sold in Portland in the last 12 months.

Building Type
Unit
Land Size
154m2

Last Listing description (August 2024)

This modern rendered unit, situated in a predominantly owner-occupied complex, offers an exceptional level of safety and security.
Featuring an open-plan design with a split system for easy climate control, the living area is ideally positioned to maximize the benefits of the winter sun. The bathroom is conveniently located directly off the master bedroom, enhancing practicality. Stepping outside, the spacious courtyard is perfect for entertaining and offers space for a little gardening. Additionally, the property includes a single lock-up garage for secure vehicle storage.
This entry-level property offers luxury features that are rarely seen at this price point, making it an excellent investment for discerning buyers. Contact Assets Real Estate today to book your inspection!

Property History for 3 Lancaster Cl, Portland, VIC 3305

A timeline of how this property has performed in the market
Last Sold
$250,000
15 Aug 2024
Listed for Rent
$210/w
18 Mar 2016
  • 07 Aug 2024
    Sold for $250,000
  • 07 Jun 2024
    Listed for Sale $269,000
  • 13 May 2021
    Sold for $212,000
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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 6,581 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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Assets Real Estate
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Ben Nash
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Assets Real Estate Portland
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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.