OFF MARKET

9 Wharf Street
Port Albert VIC 3971

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Land area: 1394m2
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Property Details for 9 Wharf St, Port Albert

9 Wharf St, Port Albert is a 2 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 1394m2. While the property is not currently for sale or for rent, it was last sold in May 2023.

Building Type
House
Land Size
1394m2
Local Government
Wellington
Lot/Plan
4~2B/LP3222

Last Listing description (April 2024)

The building was previously the Port Albert Service Station immediately across Wharf Street from the parkland which encompasses the boating ramps.

Converted by the current owner to a residence it is now a comfortable dwelling as is, or options include further improvements in this magnificent position.

Converted into two bedrooms with a spacious open living area which overlooks the water.

The building still has the stainless steels kitchen fitted, has a functional bathroom and 2 W/C's. Amenities include large wood heater, R/C air Conditioning and good sized bedrooms.

Situated on large land of 1394 square meters there is a new large open fronted shed capable of housing 3-4 large boats or vehicles. Fully concreted and power.

The choices are many as arguably the best location in Victoria for those involved in fishing or other water sports, a great holiday or permanent home as is or demolish the existing building and take advantage of the terrific location.

Further options include building a new home or do as others have done along Wharf Street and build new holiday accommodation.

With Port Albert moving ahead consideration for a business venture also exists. The property is generously "Zoned Mixed Used - Occupation" in recognition of its past. Endless choices for its future.

At this price point it is the best value property in Port Albert.

With a genuine and motivated vendor the opportunity exists to secure a very special property.

Please note: Underground tanks are NOT on the property.

Call the office on 03 51146552 or 0436036646 to view and explore this exciting opportunity. Open for Inspection each Saturday or available for private inspection at other times

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

Property History for 9 Wharf St, Port Albert, VIC 3971

A timeline of how this property has performed in the market
Last Sold
$550,000
25 May 2023
  • 25 May 2023
    Sold for $550,000
  • 06 May 2023
    Listed for Sale Contact Agent
  • 30 Nov 2017
    Sold for $220,000
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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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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.