62 Browning StreetPortland VIC 3305
Property Details for 62 Browning St, Portland
Last Listing description (January 2024)
62 Browning Street is well located in a small industrial hub and the industrial 3 Zoning makes it an attractive option for your investment portfolio or those looking to run your own business as an owner operator.
The 739m2 allotment includes the generous 310m2 shed with concrete floor, power, high clearance and currently has a tenant in place.
Contact us on 5522 3333 for more information today!
Property History for 62 Browning St, Portland, VIC 3305
- 15 Jan 2024Sold for $300,000
- 24 Nov 2023Listed for Sale $320,000
- 05 Feb 2020Listed for Rent $13,000 / year
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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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