SOLD
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Sold on 25 Apr 2024 - Price Unavailable

4 Brisbane Street
Port Albert VIC 3971

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Land area: 972m2
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Property Details for 4 Brisbane St, Port Albert

4 Brisbane St, Port Albert is a 2 bedroom, 1 bathroom House. The property has a land size of 972m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 2 bedroom House sold in Port Albert in the last 12 months.

Building Type
House
Land Size
972m2
Local Government
Wellington
Lot/Plan
1/LP134544

Last Listing description (April 2024)

Large dry flat block in Cul-De-Sac. Just shy of a quarter-acre is this terrific building block.

It has a historic and original colonial-style building at the front, which has been stripped in recent years. The current owner has plans to restore the front home, and these are attached. Whilst listed as Heritage of local significance, please note that maintaining the facade the extension is permitted (STCA)

The options are plenty. Restore the existing building and return it to its former self; apply for a building permit; build a second home behind it; and use the new unit built within the garage while doing so.

New bathroom and kitchen facilities within a large open area (STCA).

Town water, sewer, and electricity are connected. This is way more than vacant land, and with Port Albert now "on the map" in regard to growth and infrastructure, it presents a rare opportunity for the future as well.

We do not expect this multi-faceted piece of land to last long at the very realistic price of $285,000.

Get in first and make it happen. The photographs speak for themselves.

Contact the office on 03-51146552 or 0436036646. This will sell.

Agent will be at the site this Saturday (9/12/23) at 11.15 am. Come and seize the opportunity. Vendor will listen to offers for quick sale.

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

Property History for 4 Brisbane St, Port Albert, VIC 3971

A timeline of how this property has performed in the market
Last Sold
25 Apr 2024
  • 25 Apr 2024
    Sold for $260,000
  • 07 Dec 2023
    Listed for Sale $285,000
  • 06 Sep 2021
    Sold for $168,000
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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.

Suburb Insights for Port Albert 3971

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Ian Seed
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.