OFF MARKET

29 Madeira Packet Road
Portland VIC 3305

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 193m2
Land area: 3931m2
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Last updated 14 Oct 2024
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Property Details for 29 Madeira Packet Rd, Portland

29 Madeira Packet Rd, Portland is a 0 bedroom, 0 bathroom House. The property has a land size of 3931m2 and floor size of 193m2. While the property is not currently for sale or for rent, it was last sold in February 2019.

Building Type
House
Floor Size
193m2
Land Size
3931m2
Local Government
Glenelg
Lot/Plan
1/TP957584

Last Listing description (February 2019)

Situated in South Portland, minutes from schools and a short walk to town and lagoon, this 3928m2 (almost 1 acre) block is ready and waiting for your home to be built. A huge feature of the block is the 21.7m x 9m storage shed which has a concrete floor, 3 phase power, solar hot water and 3 rain water tanks plus a septic tank (not connected). It is all here and an inspection is sure to impress. Contact an agent today.

Property History for 29 Madeira Packet Rd, Portland, VIC 3305

A timeline of how this property has performed in the market
Last Sold
$180,000
26 Feb 2019
  • 26 Feb 2019
    Sold for $180,000
  • 21 Jun 2018
    Listed for Sale NEW PRICE $209,000
  • 08 Apr 2011
    Listed for Sale $84,000

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About Portland 3305

The size of Portland is approximately 33.5 square kilometres. It has 28 parks covering nearly 6.2% of total area. The population of Portland in 2011 was 9,600 people. By 2016 the population was 9,717 showing a population growth of 1.2% in the area during that time. The predominant age group in Portland is 50-59 years. Households in Portland are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Portland work in a trades occupation. In 2011, 68% of the homes in Portland were owner-occupied compared with 65.2% in 2016.

Portland has 6,563 properties. Over the last 5 years, Houses in Portland have seen a 65.80% increase in median value, while Units have seen a 40.03% increase. As at 30 September 2024:

  • The median value for Houses in Portland is $389,963 while the median value for Units is $267,575.
  • Houses have a median rent of $450 while Units have a median rent of $360.
There are currently 163 properties listed for sale, and 3 properties listed for rent in Portland on OnTheHouse. According to CoreLogic's data, 234 properties were sold in the past 12 months in Portland.

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