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Sold on 03 Apr 2024 - Price Unavailable

126 Port Albert-Tarraville Road
Port Albert VIC 3971

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Property Details for 126 Port Albert-Tarraville Rd, Port Albert

Building Type
Rural
Local Government
Wellington
Lot/Plan
2/PS625669

Last Listing description (April 2024)

CURRENTLY UNDER OFFER!

Port Albert has a strong future with the introduction of a number of State and Federal initiatives. These initiatives will create growth to the area not seen previously.

The small hamlet is also rich in history being Victoria largest Port in the mid to late 1800's and combined with now being the favorite recreational fishing destination it is developing rapidly. Now is the time to get onboard to take advantage of the oncoming wave.

The land, currently under Farming Zone classification may be a possibility to seek authority to build a home in the future. (Subject to Council Approval- STCA). Several quality homes exist within the vicinity yet with the area being lightly covered with vegetation and mature trees it is private and secluded.

Buy and seek future growth or buy it as a camping block for now. Options abound.

Power is available to the front of the property. Currently, there is a container for storage and a number of other smaller structures.

The location is excellent with shopping, fuel and other services within 2 kms.
Not to mention the features of this beautiful part of South Gippsland including the "straight line" 90 mile Beach, the rainforest of the Tarra Bulga National Park and a host of other attractions which denotes this lovely part of Victoria.

The owner is seeking a genuine sale in the shorter term. Contact the office on 0351146552 or 0436036646 to inspect and for further details.

We are open 7 days per week

For a Due Diligence Checklist go to: consumer.vic.gov.au/duediligencechecklist

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Property History for 126 Port Albert-Tarraville Rd, Port Albert, VIC 3971

A timeline of how this property has performed in the market
Last Sold
03 Apr 2024
  • 01 Apr 2024
    Sold for $295,000
  • 10 Dec 2023
    Listed for Sale Not Disclosed
  • 02 Jul 2021
    Listed for Sale $350,000
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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 89.83% increase in median value, while Units have seen a 85.78% increase. As at 31 July 2024:

  • The median value for Houses in Port Albert is $437,580 while the median value for Units is $321,039.
  • Units have a median rent of $195.
There are currently 29 properties listed for sale, and no properties listed for rent in Port albert on OnTheHouse. According to CoreLogic's data, 14 properties were sold in the past 12 months in Port albert.

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Ian Seed
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Tarra Real Estate
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