SOLD
Sold on 12 Jun 2024 for $278,000

7 Gilga Court
Portland VIC 3305

Bedrooms: 4
Bathrooms: 1
Car spaces: 1
Floor area: 120m2
Land area: 711m2
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Property Details for 7 Gilga Ct, Portland

7 Gilga Ct, Portland is a 4 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 711m2 and floor size of 120m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 4 bedroom House sold in Portland in the last 12 months.

Building Type
House
Floor Size
120m2
Land Size
711m2
Local Government
Glenelg
Lot/Plan
129/LP92566

Last Listing description (August 2024)

This house is a great one for those looking to expand into the investment market or perhaps seeking to enter the property market for the first time. This neat, affordable property is currently tenanted at $340 per week, giving an instant return on your investment. There are 3 good size bedrooms with an open plan living and dining area. The bathroom consists of a bath and shower, along with the convenience of a separate toilet. To the rear, the roomy back yard is certainly enough for a pet or children to play and includes a handy lockable garden shed for extra storage. The back yard is also fully fenced in, providing added security. This property has a recently installed new colorbond roof, new split system and new switchboard, making this a more than ideal investment without a huge price tag!

Property History for 7 Gilga Ct, Portland, VIC 3305

A timeline of how this property has performed in the market
Last Sold
$278,000
12 Jun 2024
Listed for Rent
$340/w
27 Feb 2023
  • 12 Jun 2024
    Sold for $278,000
  • 14 May 2024
    Listed for Sale Not Disclosed
  • 29 Apr 2022
    Listed for Sale NEW PRICE $335,000
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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.

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.