OFF MARKET

49 Otway Street
Portland VIC 3305

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Floor area: 129m2
Land area: 614m2
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Last updated 14 Oct 2024
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Property Details for 49 Otway St, Portland

49 Otway St, Portland is a 3 bedroom, 1 bathroom House. The property has a land size of 614m2 and floor size of 129m2. While the property is not currently for sale or for rent, it was last sold in March 1984.

Building Type
House
Floor Size
129m2
Land Size
614m2
Local Government
Glenelg
Lot/Plan
1/TP13799

Last Listing description (September 2024)

Welcome to 49 Otway Street, Portland a charming residence nestled in a central location, providing the perfect blend of convenience and comfort. Situated close to the beloved Big O milk bar, the bustling CBD, Portland football oval, kinder, day care, and schools, this property offers a lifestyle that caters to the needs of families and individuals alike.
As you step inside, you'll be greeted by a neat and tidy 3-bedroom home that exudes a quirky charm throughout. The spacious bedrooms feature polished floorboards, adding a touch of warmth and character to each room. The layout invites you to move in seamlessly and make it your own.
The heart of the home, the kitchen, is a standout feature with impressive stone benchtops and ample storage space. Whether you're a family looking for a practical kitchen or an avid chef seeking a creative space, this kitchen is sure to meet your needs.

Step outside, and you'll discover a paved outdoor entertaining area that beckons for social gatherings and barbecues. It's the perfect spot to host friends and family, creating lasting memories in the comfort of your own home.
The well-maintained garden adds a touch of tranquility to the property, providing a peaceful retreat. Extra sheds and workshops offer versatility, and the mention of a "great mancave" hints at the potential for a dedicated space for hobbies or relaxation.
In summary, 49 Otway Street is not just a house; it's a home that embraces the essence of family living and entertaining. Its central location ensures easy access to essential amenities, making it an ideal choice for those seeking a balance between urban convenience and a comfortable, welcoming living space. Don't miss the opportunity to make this delightful property your own and create a lifetime of memories within its walls.

Contact Assets Real Estate today on 5522 3333 for more information.

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Property History for 49 Otway St, Portland, VIC 3305

A timeline of how this property has performed in the market
Last Sold
$40,000
21 Mar 1984
  • 09 Jan 2024
    Listed for Sale $475,000
  • 21 Mar 1984
    Sold for $40,000
  • 21 Sep 1980
    Sold for $28,000

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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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