71 Cape Nelson RoadPortland VIC 3305
Property Details for 71 Cape Nelson Rd, Portland
71 Cape Nelson Rd, Portland is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 1263m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 3 bedroom House sold in Portland in the last 12 months.
Last Listing description (March 2024)
71 Cape Nelson features a spacious 1263m2 allotment accompanied by a three-bedroom weatherboard house and additional shedding. While the house requires an extensive renovation, it holds the potential for restoration to bring it back to its former glory. Alternatively, the expansive block presents an excellent opportunity for development, suitable for either a sizable new residence with north facing living or multiple dwellings (subject to council approval). Conveniently located near schools, walking distance to the town and beach, and a short stroll to a nearby milkbar or to the Portland Memorial Bowls club for dinner. Contact one of our agents today to schedule an inspection on 55223333.
Property History for 71 Cape Nelson Rd, Portland, VIC 3305
- 08 Mar 2024Sold for $285,000
- 10 Jan 2024Listed for Sale $320,000
- 29 Feb 2008Transferred
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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 6,581 properties. Over the last 5 years, Houses in Portland have seen a 66.02% increase in median value, while Units have seen a 17.40% increase. As at 30 November 2024:
- The median value for Houses in Portland is $394,895 while the median value for Units is $278,104.
- Houses have a median rent of $450 while Units have a median rent of $385.
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