OFF MARKET

50 Peter Street
Portland VIC 3305

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 109m2
Land area: 676m2
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Last updated 14 Oct 2024
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Property Details for 50 Peter St, Portland

50 Peter St, Portland is a 2 bedroom, 1 bathroom House and was built in 1950. The property has a land size of 676m2 and floor size of 109m2. While the property is not currently for sale or for rent, it was last sold in September 2023.

Building Type
House
Year Built
1950
Floor Size
109m2
Land Size
676m2
Local Government
Glenelg
Lot/Plan
3/LP84442

Last Listing description (November 2023)

Here is the perfect opportunity to purchase the ideal holiday home in the coastal township of Portland. Popular for its fishing and sandy beaches, this 2 bedroom and 1 bathroom weatherboard home would be the optimal place to rest your feet after a day at the beach. Located in South Portland with easy access to the local beaches, golf course, milk-bar and chemist, the location would suit those looking for easy living.
The moderate sized home which is very much in its original condition has 9 foot ceilings and the combined kitchen, dining and living area is a cozy spot to gather with a gas heater and ceiling fan for great climate control. Both bedrooms are of a generous size, both feature carpet while the largest offers built-in-robes. At the end of the main hallway you will find a large space for the laundry and off that is the bathroom with a toilet, vanity and shower. There is also another small "utility" room with water connection which gives the opportunity for your creativity to come to life.
The home sits on a large flat block of 676m2 and with easy access to the backyard, there is plenty of space for those needing space for storage or a large shed (Subject to Council Approval). With the home perfectly positioned on the allotment it lends its self to further extensions or development (Subject to Council Approval) making this a great investment for the savvy investor. With further improvements to this cozy holiday home, it could easily become your forever home or a solid asset to your portfolio.

This is priced to sell and it wont last long with the high demand on holiday homes for those that are frequently travelling to Portland, contact Assets Real Estate today to book your inspection.

Property History for 50 Peter St, Portland, VIC 3305

A timeline of how this property has performed in the market
Last Sold
$290,000
11 Sep 2023
Listed for Rent
$200/w
16 Aug 2009
  • 11 Sep 2023
    Sold for $290,000
  • 01 Feb 2023
    Listed for Sale New Price $320,000
  • 30 Nov 2008
    Listed for Rent - Price not available
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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.

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.