53A Otway StreetPortland VIC 3305
Property Details for 53a Otway St, Portland
53a Otway St, Portland is a 2 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 620m2 and floor size of 96m2. While the property is not currently for sale or for rent, it was last sold in February 2013.
Last Listing description (January 2021)
This 2 bedroom brick house in central Otway Street and is within walking distance to Portland's main street and waterfront. Currently an investment property this property would ideally suit a retiree or someone looking to secure a central rental property with a long term tenant in place. The property has been tastefully renovated with a large lounge room with carpet and faces north and has large aluminum windows to allow the sunlight into the home. The lounge room joins the Kitchen/dining area which has partially been updated and features a standalone electric cooktop and oven. The large bathroom has been upgraded and has a great modern feel. The large main bedroom has ample storage with large built in robes and is located next to the 2nd bedroom both with polished floors and the home features central heating through the home. Outside you will find a low maintenance yard and single garage with concrete floor and power. This home won't last long in the central location and within a short walk to Portland CBD and beach and local schools. For more details or to organise your inspection contact the team at Portland Seaview Real Estate today.
Property History for 53a Otway St, Portland, VIC 3305
- 02 Jan 2021Listed for Sale $295,000
- 09 Apr 2013Listed for Rent $220 / week
- 19 Feb 2013Sold for $160,000
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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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