FOR SALE
$230,000

38B Richardson Street
Portland VIC 3305

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1928m2
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Large elevated block

Situated in the coastal township of Portland, located in North Portland with ample space to build your dream home and space for a shed is this 1928m2 block that is titled and ready. With all town services available this is a great opportunity for those wanting somewhere to call home or for the developer, this a great opportunity to add some units or townhouses to you're portfolio subject to council approval. The block is relatively flat and sits proudly on an elevated surface. Being battle axe in shape it leaves approximately 28m width and approimately 30m depth with a generous footprint to build. Contact Assets Real Estate today to find out more.
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Property Details for 38b Richardson St, Portland

Building Type
Land
Land Size
1928m2

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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 6,576 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, 247 properties were sold in the past 12 months in Portland.

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Jason Saunders
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