855 Madeira Packet Road, Portland, VIC 3305 | Property Value & History | OnTheHouse
OFF MARKET

855 Madeira Packet Road
Portland VIC 3305

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Property Details for 855 Madeira Packet Rd, Portland

Building Type
Commercial
Local Government
Glenelg
Lot/Plan
1/TP182518

Last Listing description (September 2025)

Industrial Land In Great Position

This prime industrial land is located in the well-established industrial area of South Portland with great connectivity to numerous reputable industrial businesses, including Portland Aluminium Smelter and the Port of Portland. With easy access to the Ring Road, this property also connects seamlessly to other key industrial zones within Portland, providing excellent logistical advantages for distribution, manufacturing, and more. Whether youre looking to expand or establish a new operation, this location offers unparalleled access and opportunity. In addition to its strategic positioning, the property boasts spectacular ocean views, making it not only a functional site but an attractive one as well. Two adjacent parcels of land at 845 Madeira Packet Road & 18 George Street are also available for purchase offering flexibility for investors and businesses alike.
+ Zoned Industrial 1
+ CHMP (Cultural Heritage Management Plan) completed

+ All essential services available
+ 1.7 km to the Port of Portland | 3.4km to Portland Aluminium Smelter | 3.8 km to Portland CBD

Property History for 855 Madeira Packet Rd, Portland, VIC 3305

A timeline of how this property has performed in the market
Last Sold
$187,000
06 Mar 2023
  • 30 Jun 2025
    Listed for Sale Not Disclosed
  • 21 Mar 2025
    Listed for Sale Not Disclosed
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About Portland 3305

The size of Portland is approximately 33.5 square kilometres. There are 28 parks, covering nearly 6.2% of the total area. The population of Portland in 2016 was 9712 people. By 2021 the population was 10016 showing a population growth of 3.1% in the area during that time. The predominant age group in Portland is 60-69 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 professional occupation.In 2021, 70.00% of the homes in Portland were owner-occupied compared with 65.20% in 2016.

Portland has 6,682 properties. Over the last 5 years, Houses in Portland have seen a 45.78% increase in median value, while Units have seen a 24.89% increase. As at 31 July 2026:

  • The median value for Houses in Portland is $497,942 while the median value for Units is $294,174.
  • Houses have a median rent of $480 while Units have a median rent of $400.
There are currently 108 properties listed for sale, and 1 property listed for rent in Portland on OnTheHouse. According to Cotality's data, 338 properties were sold in the past 12 months in Portland.

Suburb Insights for Portland 3305

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.