5 Lorna CourtPortland VIC 3305
Property Details for 5 Lorna Ct, Portland
5 Lorna Ct, Portland is a 2 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 798m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 2 bedroom House sold in Portland in the last 12 months.
Last Listing description (May 2024)
Introducing a charming property that exudes a homely feel, nestled in a peaceful court with the convenience of being just a short stroll away from the South Street shopping precinct. This property presents a perfect opportunity for those looking to step into the real estate market.
As you enter the property, you are greeted by a formal lounge that features gas heating, providing a comfortable space to unwind and relax during the chilly winter months. With a ceiling fan installed, you can enjoy cool relief during the warmer months, making this space versatile for all seasons.
The accessible and well-maintained bathroom boasts a shower, sink, and toilet, catering to your essential needs for comfortable living.
Overall, 5 Lorna Court is an affordable gem that offers great value for money. With its convenient location, charming feel, and spacious outdoor areas, this property presents a rare opportunity for anyone looking to take their first steps in the real estate market. Don't miss your chance to make this property your own.
Property History for 5 Lorna Ct, Portland, VIC 3305
- 09 May 2024Sold for $265,000
- 05 May 2023Listed for Sale $289,000
- 02 Aug 1977Sold for $20,000
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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.
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