FOR SALE
$425,000

Lot 16 Portland Cullen Bullen Road
Portland NSW 2847

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 3.45ha
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Martindale Estate - 3.45 Hectares (8.54 Acres)

* Title registered and ready to build on
* Superb rural views to the escarpment
* Mains power, NBN and telephone available
* A good mix of natural timber and cleared grazing land
* 1 dam
* Sensible covenants to protect your investment
* 20 minutes West of Lithgow
* 40 minutes East of Bathurst
* Owners offering August 2024 settlement

Property Details for Lot 16 Portland Cullen Bullen Rd, Portland

Building Type
Rural
Land Size
3.45ha

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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 1,462 properties. Over the last 5 years, Houses in Portland have seen a 62.39% increase in median value, while Units have seen a -13.80% decrease. As at 31 August 2024:

  • The median value for Houses in Portland is $416,271 while the median value for Units is $414,178.
  • Houses have a median rent of $400.
There are currently 32 properties listed for sale, and 1 property listed for rent in Portland on OnTheHouse. According to CoreLogic's data, 54 properties were sold in the past 12 months in Portland.

Suburb Insights for Portland 2847

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Jamie Giokaris
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LJ Hooker Lithgow
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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.