FOR SALE
$250,000

249 Edgar Street
Portland VIC 3305

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 2100m2
Inspection Times
No upcoming inspections scheduled.
Contact agent to arrange an inspection.
Save

Development Options

Nestled in the sought-after area of South Portland and within easy walking distance to both primary and high schools, 249 Edgar St. offers an exceptional opportunity for developers and investors. This prime parcel of land spans a generous 2100m² and offers great potential for further sub-development (S.T.C.A.), presenting endless options to subdivide or develop as is. Adjacent is 251 Edgar St. which is also for sale, offering the unique opportunity to acquire a larger footprint with a large family dwelling included. This rare opportunity provides the flexibility to explore various development options, catering to the growing demand in the area. Contact Assets Real Estate today to find out more.
View Statement of Information

Property Details for 249 Edgar St, Portland

Building Type
Land
Land Size
2100m2

Commute Calculator

About Portland 3305

The size of Portland is approximately 33.5 square kilometres. It has 28 parks covering nearly 6.2% of total area. The population of Portland in 2011 was 9,600 people. By 2016 the population was 9,717 showing a population growth of 1.2% 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, 68% of the homes in Portland were owner-occupied compared with 65.2% in 2016.

Portland has 6,562 properties. Over the last 5 years, Houses in Portland have seen a 77.78% increase in median value, while Units have seen a 29.97% increase. As at 31 July 2024:

  • The median value for Houses in Portland is $384,680 while the median value for Units is $245,918.
  • Houses have a median rent of $430 while Units have a median rent of $350.
There are currently 166 properties listed for sale, and 1 property listed for rent in Portland on OnTheHouse. According to CoreLogic's data, 224 properties were sold in the past 12 months in Portland.

Suburb Insights for Portland 3305

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 over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
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 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
Assets Real Estate
Show contact details
Jason Saunders
Show contact details
Assets Real Estate Portland
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.