OFF MARKET

7 Lancaster Close
Portland VIC 3305

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 115m2
Land area: 251m2
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Property Details for 7 Lancaster Cl, Portland

7 Lancaster Cl, Portland is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2010. The property has a land size of 251m2 and floor size of 115m2. While the property is not currently for sale or for rent, it was last sold in July 2022.

Building Type
Unit
Year Built
2010
Floor Size
115m2
Land Size
251m2
Local Government
Glenelg
Lot/Plan
7/PS628601

Last Listing description (August 2022)

Located in North Portland, this modern unit is perfect for those looking to downsize or invest.
Internally the property features 2 bedrooms both with their own bathrooms and a spacious open plan kitchen and living area which enjoys the warmth of the North sun.
Outside the property includes the single garage, private courtyard and the town bus stop out the front.

A great downsizer or investor, this unit is not one to be passed by. Contact Assets Real Estate today to arrange your inspection.

Property History for 7 Lancaster Cl, Portland, VIC 3305

A timeline of how this property has performed in the market
Last Sold
$350,000
11 Jul 2022
Listed for Rent
$260/w
18 Aug 2020
  • 11 Jul 2022
    Sold for $350,000
  • 24 Jun 2022
    Listed for Sale $360,000
  • 21 Jul 2020
    Listed for Rent $260 / week
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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.