SOLD
RECENT ADVICE
Sold on 05 Dec 2023 for $298,000

7 Correa Court
Portland VIC 3305

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Land area: 640m2
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Property Details for 7 Correa Ct, Portland

7 Correa Ct, Portland is a 3 bedroom, 1 bathroom House. The property has a land size of 640m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 3 bedroom House sold in Portland in the last 12 months.

Building Type
House
Land Size
640m2
Local Government
Glenelg
Lot/Plan
16/LP99582

Last Listing description (December 2023)

This 3 bedroom home located in a South Portland Court has a long term tenant, making this an ideal investment property.
The home features a kitchen / dining area with plenty of cupboard and bench space along with a large window overlooking the large backyard area. There is also door access from here to the enclosed backyard which makes a great place for the kids or pets to run around safely. The kitchen area features a new reverse cycle split system along with gas heating in the formal lounge for comfort and convenience.
Situated on a corner block close to the school district and eateries of South Portland, this home is perfect to add to your portfolio or as an entry level home to get you into the property market.

Contact Assets Real Estate to arrange an inspection.

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Property History for 7 Correa Ct, Portland, VIC 3305

A timeline of how this property has performed in the market
Last Sold
$298,000
05 Dec 2023
Listed for Rent
$160/w
23 Oct 2007
  • 20 Nov 2023
    Sold for $298,000
  • 05 Sep 2022
    Listed for Sale $320,000
  • 10 Nov 2014
    Sold for $105,000
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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.
There are currently 157 properties listed for sale, and 1 property listed for rent in Portland on OnTheHouse. According to CoreLogic's data, 245 properties were sold in the past 12 months in Portland.

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