OFF MARKET

40 Learmonth Street
Portland VIC 3305

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 80m2
Land area: 697m2
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Last updated 14 Oct 2024
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Property Details for 40 Learmonth St, Portland

40 Learmonth St, Portland is a 2 bedroom, 1 bathroom House and was built in 1970. The property has a land size of 697m2 and floor size of 80m2. While the property is not currently for sale or for rent, it was last sold in January 2022.

Building Type
House
Year Built
1970
Floor Size
80m2
Land Size
697m2
Local Government
Glenelg
Lot/Plan
1/TP257229

Last Listing description (December 2023)

Set in a North Portland location close to clifftop walks is this 2 bedroom property. With a tenant in place this home would make the ideal investment or potentially a great holiday getaway.
The home features an updated kitchen with plenty of cupboard and bench space, formal lounge to relax in plus a bathroom with shower and vanity, there is also a laundry space accessible from this area.
The rear yard is spacious making a great place for the kids or pets to safely run around and play in, plus there is a small back verandah area that would be ideal to kick back and enjoy on those warm Summer days.

This entry level home or investment is sure to be well sought after so contact Assets Real Estate today to arrange your inspection.

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Property History for 40 Learmonth St, Portland, VIC 3305

A timeline of how this property has performed in the market
Last Sold
$290,000
06 Jan 2022
Listed for Rent
$175/w
26 Oct 2016
  • 05 Nov 2023
    Listed for Sale Not Disclosed
  • 06 Jan 2022
    Sold for $290,000
  • 29 Nov 2021
    Listed for Sale $285,000 - $305,000
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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.

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