SOLD
Sold on 28 May 2024 for $400,000

505 Portland-Nelson Road
Portland North VIC 3305

Bedrooms: 3
Bathrooms: 1
Car spaces: 4
Floor area: 148m2
Land area: 7m2
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Property Details for 505 Portland-Nelson Rd, Portland North

505 Portland-Nelson Rd, Portland North is a 3 bedroom, 1 bathroom House with 4 parking spaces and was built in 1950. The property has a land size of 7m2 and floor size of 148m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 3 bedroom House sold in Portland North in the last 12 months.

Building Type
House
Year Built
1950
Floor Size
148m2
Land Size
7m2
Local Government
Glenelg
Lot/Plan
7/LP111985

Last Listing description (July 2024)

Situated on the outskirts of the picturesque town of Portland, this 7.07 hectare property offers a peaceful and relaxed lifestyle while being less than a 10 minute drive to the center of town. Enjoy the tranquility of country living, with beautiful natural surroundings and delightful views.
The property is in need of renovation but includes a 3-bedroom house with a sleepout, combined kitchen and dining, separate living, and bathroom and would be a perfect renovation project. One of the highlights of this property is the land size great for outdoor activities and gardening. The property also boasts a 4-car garage, offering ample parking and storage. With its rural location and size this property will be well sort after. The property also has access both Portland Nelson Road and Sharrocks Road.
For more details contact exclusive agent Allan Barrett on 0438660057 or the team at Seaview Real Estate today on 55233822 to arrange an inspection and begin living the country life.

Property History for 505 Portland-Nelson Rd, Portland North, VIC 3305

A timeline of how this property has performed in the market
Last Sold
$400,000
28 May 2024
  • 28 May 2024
    Sold for $400,000
  • 28 Mar 2024
    Listed for Sale Under offer contact agent
  • 04 Sep 2020
    Sold for $340,000
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About Portland North 3305

The size of Portland North is approximately 16.1 square kilometres. It has 4 parks covering nearly 0.2% of total area. The population of Portland North in 2011 was 673 people. By 2016 the population was 630 showing a population decline of 6.4% in the area during that time. The predominant age group in Portland North is 50-59 years. Households in Portland North are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Portland North work in a trades occupation. In 2011, 80.1% of the homes in Portland North were owner-occupied compared with 83.2% in 2016.

Portland North has 428 properties. Over the last 5 years, Houses in Portland North have seen a 77.98% increase in median value. As at 30 September 2024:

  • The median value for Houses in Portland North is $599,025 while the median value for Units is $368,228.
  • Houses have a median rent of $325.
There are currently 4 properties listed for sale, and no properties listed for rent in Portland north on OnTheHouse. According to CoreLogic's data, 17 properties were sold in the past 12 months in Portland north.

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