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1 Madeira Packet Road, Portland$295,000

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1 Madeira Packet Road

Portland, VIC 3305, Australia

$295,000

8094 m²

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About this property

Ideally located just moments from local schools, this generous 2-acre allotment offers the perfect opportunity for those seeking space, convenience, and potential. Zoned General Residential 1 (GRZ1), the property presents a range of development possibilities-subject to Council approval-making it a valuable prospect for investors, developers, or families planning to build their dream home. The elevated position provides sweeping views over the city, adding to the property's appeal. For further details or to arrange an inspection, contact the team at Assets Real Estate today.

Property Details

Property Type: land
Listing Type: For Sale
Land Area: 8094 m²
Listed: 3 months ago

Repayment calculator

$1,430/month

$715 /fortnight

Loan $236,000 at 6.10% over 30 years

Upfront costs

Deposit$59,000

Stamp duty$12,770

Conveyancing (est.)$2,000

Total upfront$73,770

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Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Portland

This land in Portland, VIC 3305 sits within reach of public transport, local shops and nearby schools. It is listed 34% below the $445,000 median of 73 comparable landswithin 5 km.

Schools near Portland

Portland Bay Schoolcombined · U · CoEd
All Saints Parish Schoolprimary · Prep-6 · CoEd
Bundarra Primary Schoolprimary · Prep-6 · CoEd
Portland Primary Schoolprimary · Prep-6 · CoEd
Portland South Primary Schoolprimary · Prep-6 · CoEd
St John's Lutheran Schoolprimary · Prep-6 · CoEd

What's nearby

Unnamed (bus) — 4.8 km away
Portland Strawberries — 7.3 km away

Portland at a glance

Full suburb profile

Population: 10,016
Median age: 47
Household income: $1,146/wk
Median rent: $250/wk
Median mortgage: $1,083/mo

Source: ABS Census.

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