FOR SALE
$520,000

24 Purcell Street
Portland NSW 2847

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 2.04ha
Inspection Times
No upcoming inspections scheduled.
Contact agent to arrange an inspection.
Save

Portland opportunity - subdivision possibility!

Situated in the vibrant locale of Portland, New South Wales, this 5 acre property presents an exceptional opportunity for developers keen on land subdivision ventures. The property boasts a generous land parcel with ample potential for subdivision, offering lucrative prospects for residential development alternative you can keep the property as is and build your dream home.
The property is zoned R5 large lot residential, ensuring compliance with local regulations and planning requirements developers can navigate the subdivision process smoothly, leveraging the existing zoning regulations to optimize land utilization and maximize returns on investment.
Portland's growing population and thriving real estate market contribute to robust demand for residential properties. Developers can capitalize on this demand by delivering well-designed, market-oriented housing solutions tailored to meet the evolving needs of homebuyers or investors.
Please contact our office for further information 02 6352 2442.
Disclaimer: HR Realtors & Lifestyle Property Specialists believe that all information contained herein be true & correct to the best of our ability & in no way misleading; however, all interested parties are advised to carry out their own enquiries and relevant searches.
The price of this property is listed in Australian Dollars (AUD) at the beginning of this description, and that should be used as a price guide for this property.

Property Details for 24 Purcell St, Portland

Building Type
Land
Land Size
2.04ha

Commute Calculator

About Portland 2847

The size of Portland is approximately 98.2 square kilometres. It has 3 parks covering nearly 15.9% of total area. The population of Portland in 2011 was 2,307 people. By 2016 the population was 2,430 showing a population growth of 5.3% in the area during that time. The predominant age group in Portland is 50-59 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 trades occupation. In 2011, 81.2% of the homes in Portland were owner-occupied compared with 81.5% in 2016.

Portland has 1,466 properties. Over the last 5 years, Houses in Portland have seen a 62.29% increase in median value, while Units have seen a -13.80% decrease. As at 31 October 2024:

  • The median value for Houses in Portland is $415,800 while the median value for Units is $408,853.
  • Houses have a median rent of $400.
There are currently 28 properties listed for sale, and 1 property listed for rent in Portland on OnTheHouse. According to CoreLogic's data, 53 properties were sold in the past 12 months in Portland.

Suburb Insights for Portland 2847

Market Insights
Portland Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Portland Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Contact agent
Johan Nilsson
Show contact details
Kristie Trouchet-Nilsson
Show contact details
Hartley Realty & Lifestyle Properties
Preferred contact:
Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.