OFF MARKET

48 Learmonth Street
Portland VIC 3305

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 129m2
Land area: 946m2
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Property Details for 48 Learmonth St, Portland

48 Learmonth 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 946m2 and floor size of 129m2. While the property is not currently for sale or for rent, it was last sold in March 2022.

Building Type
House
Year Built
1960
Floor Size
129m2
Land Size
946m2
Local Government
Glenelg
Lot/Plan
2/LP35501

Last Listing description (August 2022)

Located in Portland, Victoria's capital for fishing this home could be perfect for your coastal getaways with the family. The 1958 built home has been a loved family home over a long period of time and it is now ready for its next chapter. Partially built from weatherboard & cement sheeting it has been slightly improved over the years and still maintains much of its original features from its period.
The 3 bedroom and 1 bathroom home sits proudly on 945m block which would be ideal for future development subject to council approval. The main bedroom is generous in size and features carpet and built in robe, while the second bedroom is also a good size, the third room is ideal for the growing kids. The main living area consists of vertical blinds, carpet, gas heater & timber mantel piece along with a retro light shade & ornate cornices. The bathroom has been updated with new tiles, bath, shower, vanity & toilet. The kitchen and dining offer a second living area for the growing family to spread out. Outside there is a 6m x 6m colour bond shed for storage and adequate space along the driveway and front yard for your caravan or boat, making this a perfect place for those needing space for the toys. Within the secure backyard there is a great variety of fruit trees and a small bungalow with power which would be ideal for a 4th bedroom, craft room or a small studio.
Located in North Portland with direct access of the main highway and a straight drive into the central business district, a minutes walk to the ocean cliff tops offering scenic ocean strolls, this property has a lot going for it and wont last long in today's market.

This could be your next project for the renovator or the families seaside escape your looking for, contact Assets Real Estate today to book your inspection.

Property History for 48 Learmonth St, Portland, VIC 3305

A timeline of how this property has performed in the market
Last Sold
$350,000
28 Mar 2022
  • 28 Mar 2022
    Sold for $350,000
  • 07 Feb 2022
    Listed for Sale $348,000. - $369,000.
  • 04 Mar 1975
    Sold for $15,000

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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 6,577 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.