2/24 Otway StreetPortland VIC 3305
Property Details for 2/24 Otway St, Portland
2/24 Otway St, Portland is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1980. The property has a land size of 578m2 and floor size of 84m2. While the property is not currently for sale or for rent, it was last sold in February 2023.
Last Listing description (April 2023)
Located in Portland's Central Business District, this tidy unit has been tastefully refurbished approximately 5 years ago and is perfect for the retiree, weekend getaway or investor.
Internally the unit includes the quality kitchen with dishwasher and breakfast bar, formal living area, both bedrooms have built in robes and ceiling fans, the bathroom is well fitted out and the central heating ensures you will stay warm in the winter months.
Outside there is a single lock up garage and room for the outdoor setting with an enclosed courtyard.
Property History for 2/24 Otway St, Portland, VIC 3305
- 08 Feb 2023Sold for $370,000
- 23 Dec 2022Listed for Sale $390,000
- 21 Jul 2016Sold for $150,000
Recent sales nearby
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0About Portland 3305
The size of Portland is approximately 33.5 square kilometres. There are 28 parks, covering nearly 6.2% of the total area. The population of Portland in 2016 was 9712 people. By 2021 the population was 10016 showing a population growth of 3.1% in the area during that time. The predominant age group in Portland is 60-69 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 professional occupation.In 2021, 70.00% of the homes in Portland were owner-occupied compared with 65.20% in 2016.
Portland has 6,683 properties. Over the last 5 years, Houses in Portland have seen a 45.78% increase in median value, while Units have seen a 24.89% increase. As at 31 July 2026:
- The median value for Houses in Portland is $497,942 while the median value for Units is $294,174.
- Houses have a median rent of $480 while Units have a median rent of $400.
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