OFF MARKET

187 Yarram-Port Albert Road
Port Albert VIC 3971

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 15089m2
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Property Details for 187 Yarram-Port Albert Rd, Port Albert

Building Type
Land
Land Size
15089m2
Local Government
Wellington
Lot/Plan
4/TP957659

Last Listing description (March 2021)

LAND BANK or DEVELOP in the beautiful waterside Town of Port Albert, in the highly sought-after Gippsland region. Only mins to main town, beach, water activities including fishing and boating.
Consisting of 5 acres of general residential land
All connections including sewerage, water, electricity

Combined with lot 1, possible 43 lot subdivision at $140k per lot (ask for plan )
3 titles
Clear land with no trees
Entry off sealed road
Recreational use ideal for boat storage, holiday camping, shed
Fantastic land bank opportunity also with Gippsland in high demand, due to lifestyle changes because of recent events and future infrastructure planned in the region.
Exceptional buying at this level !! be quick

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Property History for 187 Yarram-Port Albert Rd, Port Albert, VIC 3971

A timeline of how this property has performed in the market
Last Sold
$150,000
06 Jan 2021
  • 06 Jan 2021
    Sold for $150,000
  • 06 Jan 2021
    Sold for $160,000
  • 26 Nov 2020
    Sold for $165,000
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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 468 properties. Over the last 5 years, Houses in Port Albert have seen a 80.96% increase in median value, while Units have seen a 95.91% increase. As at 30 November 2024:

  • The median value for Houses in Port Albert is $441,705 while the median value for Units is $317,114.
  • Units have a median rent of $190.
There are currently 36 properties listed for sale, and no properties listed for rent in Port albert on OnTheHouse. According to CoreLogic's data, 13 properties were sold in the past 12 months in Port albert.

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