RECORD PRICE FOR BAY-FRONT BEAUTY
THE residential sales record has been smashed in Portarlington with a luxury house selling for more than $2 million.
The two-storey house with rooftop terrace at 2 Clarke St sold for $2.02 million, well above the previous mark of $1.8 million at 50 The Esplanade.
Neville Richards, St Leonards, agent Luke Campbell said this was a big result for Portarlington.
“It sold to a Melbournebased buyer looking for a lifestyle property and maybe a retirement home at some point in time,” Mr Campbell said.
He said the market was changing with non-beach front properties selling for good prices.
“This one wasn’t a The Esplanade address but was close enough,” he said.
No expense had been spared on the build of this five-bedroom house.
The ground floor consists of four bedrooms and an open-plan kitchen, meals area and loungeroom with bar.
Upstairs is another openplan kitchen, meals area and loungeroom with bar plus the main bedroom and a covered balcony taking in the spectacular view. There is also a rooftop terrace that captures a 360-degree vista.
Mr Campbell said one of the biggest drawcards to Portarlington was the Port Phillip Ferries service to Docklands.
He said the ferry service had helped put Portarlington on the map. Growth in Portarlington’s property market is strong with an 18.9 per cent increase in the past year to record a median house price of $606,250, according to CoreLogic.