OFF MARKET

2 Merrylands Avenue
Portsea VIC 3944

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1300m2
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Last updated 11 Nov 2024
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Property Details for 2 Merrylands Ave, Portsea

2 Merrylands Ave, Portsea is a 0 bedroom, 0 bathroom House. The property has a land size of 1300m2. While the property is not currently for sale or for rent, it was last sold in February 2010.

Building Type
House
Land Size
1300m2
Local Government
Mornington Peninsula
Lot/Plan
1/PS444610

Last Listing description (November 2024)

Moments from Point King Beach with an exclusive cliffside address and loaded with potential, this stunning parcel of vacant land is the perfect position to create your dream home.

With two street frontages and offering direct access to Point King Beach via a rear gate onto Ilyuka Crt and set near the start of the famous Millionaires Walk along the clifftop back towards Sorrento the position is spectacular.

With approximately 1300sqm of land it is the perfect blank canvas in a sought after location.

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Property History for 2 Merrylands Ave, Portsea, VIC 3944

A timeline of how this property has performed in the market
Last Sold
$1,300,000
03 Feb 2010
Listed for Rent
19 Feb 2016
  • 06 Nov 2024
    Listed for Sale $4,800,000 - $5,200,000
  • 09 Nov 2015
    Listed for Rent - Price not available
  • 21 Sep 2013
    Listed for Rent - Price not available
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About Portsea 3944

The size of Portsea is approximately 11.2 square kilometres. It has 13 parks covering nearly 62.6% of total area. The population of Portsea in 2011 was 445 people. By 2016 the population was 490 showing a population growth of 10.1% in the area during that time. The predominant age group in Portsea is 60-69 years. Households in Portsea are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Portsea work in a managers occupation. In 2011, 82.4% of the homes in Portsea were owner-occupied compared with 92.4% in 2016.

Portsea has 1,726 properties. Over the last 5 years, Houses in Portsea have seen a 48.44% increase in median value, while Units have seen a 34.90% increase. As at 31 October 2024:

  • The median value for Houses in Portsea is $2,901,572 while the median value for Units is $1,198,129.
  • Houses have a median rent of $950.
There are currently 6 properties listed for sale, and 1 property listed for rent in Portsea on OnTheHouse. According to CoreLogic's data, 29 properties were sold in the past 12 months in Portsea.

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