FOR SALE
$425,000

Lot 1 Malings Road
Portland West VIC 3305

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 7.05ha
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Elevated Acreage Close To Town

HUGE PRICE REDUCTION - VENDOR SAYS SELL
With just over 7.05 of undulating hectares, this large parcel of land is only minutes to town on Malings Road and provides 360 degree views.
Entering the property - just imagine a long sweeping driveway to your dream home overlooking rural views and beyond. (STCA)
Already situated on the property is a large shed and 2 x 5,500 gallon rainwater tanks.
Land such as this is in high demand to live an enviable lifestyle!
NB: Red boundary lines are an approximate only
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Property Details for Lot 1 Malings Rd, Portland West

Building Type
Land
Land Size
7.05ha

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About Portland West 3305

The size of Portland West is approximately 74.2 square kilometres. It has 4 parks covering nearly 25% of total area. The population of Portland West in 2011 was 630 people. By 2016 the population was 555 showing a population decline of 11.9% in the area during that time. The predominant age group in Portland West is 50-59 years. Households in Portland West are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Portland West work in a trades occupation. In 2011, 88.2% of the homes in Portland West were owner-occupied compared with 86% in 2016..

Portland West has 324 properties. Over the last 5 years, Houses in Portland West have seen a 61.84% increase in median value, while Units have seen a 179.32% increase. As at 30 November 2024:

  • The median value for Houses in Portland West is $711,015 while the median value for Units is $454,236.
There are currently 5 properties listed for sale, and 1 property listed for rent in Portland west on OnTheHouse. According to CoreLogic's data, 9 properties were sold in the past 12 months in Portland west.

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