52 Gibson StreetPort Albert VIC 3971
Property Details for 52 Gibson St, Port Albert
Last Listing description (September 2024)
Vendors adjust the price by $250,000 to make a sale! Grab this incredible opportunity now at the unbeatable range of $695,000$710,000! Currently Under Offer!
Sixty-six acres of fine grazing land are situated on the edge of the town boundary.
This property has been in the same family for generations, and the last remaining shed in the north-east corner of the property housed the police horses for Port Albert police back in its heyday of the mid-to-late 1800's.
Rarely does land of this type come onto the market with an abundance of features like this.
These include a current planning permit to build a luxury home on the western corner. With current regulations and restrictions on preserving farming land, this is a true find. And yes, it does get better; the acreage is serviced by town water, and there is power on the boundary.
Being so close to the ocean, some sceptics may assert it becomes wet in winter; however, this does not occur due to a levy bank on the eastern boundary to preserve the grazing land quality.
This property ticks all the boxes for a lifestyle apartment with all amenities in beautiful historical Port Albert. Build your home and watch your investment grow.
Fully fenced with stockyards in place, this premier location allows for "in-town" living with quality grazing land ready for equine or cattle pursuits.
The vendors are genuine in seeking a sale and offer this rare Port Albert-quality lifestyle acreage with everything in place to build a luxury home now.
For a Due Diligence Checklist go to: consumer.vic.gov.au/duediligencechecklist
Property History for 52 Gibson St, Port Albert, VIC 3971
- 28 Jun 2024Sold
- 22 Jun 2022Listed for Sale $695,000$710,000 (Under Offer)
- 30 Mar 2019Transferred
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0About 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 465 properties. Over the last 5 years, Houses in Port Albert have seen a 84.36% increase in median value, while Units have seen a 93.80% increase. As at 31 October 2024:
- The median value for Houses in Port Albert is $424,554 while the median value for Units is $316,727.
- Units have a median rent of $195.
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