45 Learmonth St, Portland is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1950. The property has a land size of 729m2 and floor size of 118m2. While the property is not currently for sale or for rent, it was last sold in October 2023.
This property offers great potential with it's entry level pricing, perfect for someone who is looking to enter the market and is also ideal for an investor with a current solid rental return. The 3-bedroom home plus study / 4th bedroom is set on a 728m2 corner block with the potential to subdivide (subject to Council approval).
Step inside to find a bright open living area, fitted with a reverse cycle air conditioner for optimal climate control year round. The heart of the home is the expansive lounge, seamlessly connected to the kitchen.
The main bedroom features a built-in wardrobe and sunny north facing windows.
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 6,682 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:
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