FOR SALE
$330,000

364 Cape Nelson Road
Portland VIC 3305

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 3.5ac
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Be Creative On Cape Nelson

Introducing this incredible piece of land totalling approximately 3.5 acres located at 364 Cape Nelson Road, Portland which offers a prime opportunity to create the home you've always envisioned and all only minutes from Portland CBD, hospital, foreshore and beaches.
Well-established trees and visiting wildlife enhance the charm and value of the land and located just a few minutes from Portland's center, the block is fully fenced and ready for you to build your new home (STCA).
Ocean glimpses and complete privacy are on offer plus there is a shed with power and a rainwater tank which is located at the high point on the block.
The shed has been partially converted to allow for a dwelling and is permitted as a shed so buyers will need to ensure they do there due diligence with regards to Planning & Building Permits.
Imagine the possibilities this rare piece of privacy can provide the lucky buyer!
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Property Details for 364 Cape Nelson Rd, Portland

Building Type
Land
Land Size
3.5ac

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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 6,577 properties. Over the last 5 years, Houses in Portland have seen a 63.79% increase in median value, while Units have seen a 41.95% increase. As at 31 October 2024:

  • The median value for Houses in Portland is $384,561 while the median value for Units is $277,420.
  • Houses have a median rent of $450 while Units have a median rent of $375.
There are currently 156 properties listed for sale, and 1 property listed for rent in Portland on OnTheHouse. According to CoreLogic's data, 243 properties were sold in the past 12 months in Portland.

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