98 Otway StreetPortland VIC 3305
Property Details for 98 Otway St, Portland
98 Otway St, Portland is a 3 bedroom, 1 bathroom House and was built in 1915. The property has a land size of 1365m2 and floor size of 129m2. While the property is not currently for sale or for rent, it was last sold in July 2021.
Last Listing description (April 2022)
With work, this is a property that has potential to be transformed from its current state, into an attractive period home. The 3 bedroom home has retained many of its original features. Its orientation on the block allows for an extension that would take full advantage of the North-eastern aspect. The property is situated on a very generous 1365m2 allotment the site also allows for a multi build development (Subject to council approval). With its proximity to the corner shop and just a short stroll to the CBD. This property is worth considering. Contact one of our experienced agents today.
Property History for 98 Otway St, Portland, VIC 3305
- 01 Jul 2021Sold for $210,000
- 15 Jan 2021Listed for Sale TALK TO AGENT
- 01 May 1987Sold for $46,000
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0About 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.
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