SOLD
Sold on 20 May 2024 for $355,000

42 George Street
Portland VIC 3305

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 105m2
Land area: 638m2
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Property Details for 42 George St, Portland

42 George St, Portland is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1960. The property has a land size of 638m2 and floor size of 105m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 3 bedroom House sold in Portland in the last 12 months.

Building Type
House
Year Built
1960
Floor Size
105m2
Land Size
638m2
Local Government
Glenelg
Lot/Plan
42/LP9227

Last Listing description (June 2024)

Situated on a generous 638 square meters of land, this property presents a promising opportunity for both homeowners and investors alike. With three bedrooms and a single bathroom, the residence offers a cozy and functional living space that can be customised to suit various lifestyles. What sets this property apart is its impressive four-car garage, providing ample space for vehicle enthusiasts or those in need of additional storage. The potential of this home becomes evident with just a quick coat of paint, transforming it into a refreshed and inviting space.

Another great feature of this property is its expansive backyard, offering a spacious outdoor retreat perfect for relaxation or entertaining guests. The blank canvas of the backyard provides endless possibilities for landscaping or creating an outdoor oasis tailored to personal preferences. Whether you're a first-time homebuyer looking for a cozy residence to call your own or an investor seeking a property with potential, this home is a versatile and exciting opportunity. With its convenient location, generous lot size and the prospect of adding value.

Property History for 42 George St, Portland, VIC 3305

A timeline of how this property has performed in the market
Last Sold
$355,000
20 May 2024
  • 20 May 2024
    Sold for $355,000
  • 08 Feb 2024
    Listed for Sale Not Disclosed
  • 29 Oct 2005
    Transferred
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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.

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