FOR SALE
$298,000

2 Old Port Foreshore Road
Port Albert VIC 3971

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 8.6ac
Inspection Times
No upcoming inspections scheduled.
Contact agent to arrange an inspection.
Save

Sprawling 8.6 Acres of Vacant Land with Utilities Connected. Unbeatable Opportunity at $298K. Act Fast / Make Offer!

Discover Old Port Foreshore Road, Port Albert! An exceptional 3.48 hectares of vacant land in the historic township of Port Albert, South Gippsland.
This property boasts functional power and water supplies, ensuring convenience while promoting a sustainable and eco-friendly lifestyle. Moreover, the property has rezoning potential (STCA), and the adjoining vacant land at 129 West Boundary Road enhances this offering.
This is a highly lucrative development opportunity and is positioned in close proximity to central Port Albert.
Whether you envision your coastal dream home or seek a prime investment with significant potential, this is an opportunity not to be overlooked.
Don't miss out. Act now and take advantage of the newly adjusted price of $298K. Truly amazing value.
For more information, contact Professionals Yarram at 03 5114 6552, or listing agent Ian Seed at 0436 036 646, to make your move today!
View Statement of Information

Property Details for 2 Old Port Foreshore Rd, Port Albert

Building Type
Rural
Land Size
8.6ac

Commute Calculator

About Port Albert 3971

The size of Port Albert is approximately 31.3 square kilometres. It has 2 parks covering nearly 25.9% of total area. The population of Port Albert in 2011 was 248 people. By 2016 the population was 288 showing a population growth of 16.1% in the area during that time. The predominant age group in Port Albert is 60-69 years. Households in Port Albert are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Port Albert work in a professional occupation. In 2011, 65% of the homes in Port Albert were owner-occupied compared with 76.1% in 2016.

Port Albert has 466 properties. Over the last 5 years, Houses in Port Albert have seen a 76.89% increase in median value, while Units have seen a 98.07% increase. As at 30 September 2024:

  • The median value for Houses in Port Albert is $428,489 while the median value for Units is $313,689.
  • Units have a median rent of $195.
There are currently 31 properties listed for sale, and no properties listed for rent in Port albert on OnTheHouse. According to CoreLogic's data, 13 properties were sold in the past 12 months in Port albert.

Suburb Insights for Port Albert 3971

Market Insights
Port Albert 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 over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Port Albert 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 over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Contact agent
Ian Seed
Show contact details
Mitchell Collins
Show contact details
Tarra Real Estate
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.