OFF MARKET

88 Otway Street
Portland VIC 3305

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Land area: 772m2
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Last updated 14 Oct 2024
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Property Details for 88 Otway St, Portland

88 Otway St, Portland is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 772m2. While the property is not currently for sale or for rent, it was last sold in April 2020.

Building Type
House
Land Size
772m2
Local Government
Glenelg
Lot/Plan
1/TP81366

Last Listing description (August 2020)

This unique Art Deco lady, built in 1939, is a short stroll to the Portland CBD. It was once home to a prominent local artist who created a individualistic style back in the late 90s. The property has been given a lot of love recently to make a comfortable and quaint liveable home. The distinctive and unconventional style is such that if you like it, you'll love it.
There are two bedrooms, both with built-in-robes. The open living style features two wood heaters and leadlight windows.
The property has retained some of the original Art Deco features and the salvaged double back doors are rumored to have been walked through by Ned Kelly. The front fence is built from part of the original Portland pier. Not only is this an historic home but hold history within.

Outside is a large secured backyard with fruit trees including a lovely old fig tree which provides cooling shade and ample fruit in the summertime. Also featuring the original garage and attached workshed. This extraordinary home would be a distinctive and unique home to live in, a quirky and eccentric holiday house or a character filled BNB.

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Property History for 88 Otway St, Portland, VIC 3305

A timeline of how this property has performed in the market
Last Sold
$260,000
27 Apr 2020
  • 27 Apr 2020
    Sold for $260,000
  • 14 Jan 2020
    Listed for Sale $269,000
  • 07 Mar 2018
    Sold for $150,000
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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 6,563 properties. Over the last 5 years, Houses in Portland have seen a 65.80% increase in median value, while Units have seen a 40.03% increase. As at 30 September 2024:

  • The median value for Houses in Portland is $389,963 while the median value for Units is $267,575.
  • Houses have a median rent of $450 while Units have a median rent of $360.
There are currently 163 properties listed for sale, and 3 properties listed for rent in Portland on OnTheHouse. According to CoreLogic's data, 234 properties were sold in the past 12 months in Portland.

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