OFF MARKET

5 Palmer Street
Portland VIC 3305

Bedrooms: 4
Bathrooms: 2
Car spaces: 3
Floor area: 128m2
Land area: 1152m2
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Last updated 14 Oct 2024
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Property Details for 5 Palmer St, Portland

5 Palmer St, Portland is a 4 bedroom, 2 bathroom House with 3 parking spaces. The property has a land size of 1152m2 and floor size of 128m2. While the property is not currently for sale or for rent, it was last sold in July 1998.

Building Type
House
Floor Size
128m2
Land Size
1152m2
Local Government
Glenelg
Lot/Plan
1/TP447615

Last Listing description (March 2024)

Assets Real Estate are proud to present to the market one of Portland's most majestic bluestone homes, positioned perfectly in a quiet cal de sac location in the Central Business District.
The facade of the circa 1870's homestead has retained all of it's impressive features with the bay window and undercover veranda and is enhanced by the paved driveway and ornate trees.
Internally the 4 bedroom home has been meticulously maintained with high ceilings throughout the bedrooms and living areas. Both bathrooms have been refurbished throughout with the main bathroom including a separate bath, shower and vanity. The living areas consist of a formal lounge with the gas log fire, there is a formal sitting room and the sunroom is the perfect place to sit and read and enjoy the warmth of the Northern sun. There are beautifully polished floorboards throughout the kitchen / dining area with plenty of cupboards, a 900mm electric stove and reverse cycle heating and cooling.

Outside the 1151m allotment gives you plenty of room to enjoy the manicured backyard and also includes an undercover decking area accessed from the dining room, large undercover carport and separate workshop.
For more information or to organise an inspection of this beautiful property, contact Assets Real Estate today.

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Property History for 5 Palmer St, Portland, VIC 3305

A timeline of how this property has performed in the market
Last Sold
$192,500
20 Jul 1998
  • 24 Aug 2022
    Listed for Sale $980,000
  • 20 Jul 1998
    Sold for $192,500
  • 01 Jan 1989
    Sold for $118,000
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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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