5 Banyan CrescentPortland VIC 3305
Property Details for 5 Banyan Cres, Portland
5 Banyan Cres, Portland is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 519m2 and floor size of 97m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 3 bedroom House sold in Portland in the last 12 months.
Last Listing description (November 2023)
Adding to your investment portfolio or purchasing your first home then this property is for you. Set on an approximate 519m allotment close to schools and local shops is this solid and affordable 3 bedroom 1 bathroom home. Currently tenanted at $340pw.
All 3 bedrooms have carpet and curtains. The bathroom comprises of bath, separate shower and vanity, toilet is in a separate room. Outside you have solar panels to help ease the power bills, a good size backyard, Colorbond shed which is 6m x 6m with power and concrete floor making this ideal for your car or a space for your workshop. The back yard makes for a great play space for the kids or fur babies.
Affordable homes don't last long in today's market, so be sure you don't miss out and contact exclusive agent Ron Clark today 0498 023 344.
Property History for 5 Banyan Cres, Portland, VIC 3305
- 03 Sep 2024Sold for $287,500
- 11 Jul 2022Listed for Sale $320,000 - $340,000
- 25 Jan 2008Sold for $150,000
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0About 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 6,578 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.
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