OFF MARKET

44 Milbanke Street
Portland VIC 3305

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 87m2
Land area: 719m2
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Last updated 11 Nov 2024
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Property Details for 44 Milbanke St, Portland

44 Milbanke St, Portland is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1960. The property has a land size of 719m2 and floor size of 87m2. While the property is not currently for sale or for rent, it was last sold in November 2018.

Building Type
House
Year Built
1960
Floor Size
87m2
Land Size
719m2
Local Government
Glenelg
Lot/Plan
14/LP41154

Last Listing description (February 2019)

This 3 bedroom home located just minutes walk to the beach, hospital and CBD has hit the market at a great price.
This property is currently being used as a rental investment tenanted for $200 per week. This property is low maintenance and has proven to be a great investment. There is so much potential for this house - leave it tenanted as is, renovate to make it your own or look to develop in this prevailing area.
Situated on a 719ms block there is plenty of room to store your large boat or move around the back yard and make it your own.

Contact our office to arrange an inspection today!

Property History for 44 Milbanke St, Portland, VIC 3305

A timeline of how this property has performed in the market
Last Sold
$170,000
29 Nov 2018
Listed for Rent
$200/w
09 Nov 2017
  • 29 Nov 2018
    Sold for $170,000
  • 26 Sep 2018
    Listed for Sale Awaiting Price Guide
  • 04 Sep 2017
    Listed for Rent $200 / 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 6,577 properties. Over the last 5 years, Houses in Portland have seen a 63.79% increase in median value, while Units have seen a 41.95% increase. As at 31 October 2024:

  • The median value for Houses in Portland is $384,561 while the median value for Units is $277,420.
  • Houses have a median rent of $450 while Units have a median rent of $375.
There are currently 156 properties listed for sale, and 1 property listed for rent in Portland on OnTheHouse. According to CoreLogic's data, 242 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.