51 Hood Road, Portarlington$1.46m
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51 Hood Road

Portarlington, VIC 3223, Australia
$1.40m – $1.52m
2042 m²

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About this property

On behalf of our sellers, the Award-Winning team at Barry Plant Geelong proudly presents by way of Expressions of Interest, 51 Hood Road, Portarlington. *Settlement terms are flexible. This is by far the greatest development site to have come to market in some time, the land component of some 2,042m2 (approx.) exists over two street frontages (Hood and Payne streets). The luxury of having the two street frontages allows you to construct your development with dual access driveways, or if you are a consumer whom acquires the land for the purpose of constructing your dream home you could look at designing this facing Payne Street, the possibilities are endless (STCA.) The proposal on offer is one that is destined to resonate well with all those that understand the capital appreciation that comes with acquiring such a proposal if you're a builder/developer looking to reap the rewards of the price of new builds in the area, this is a site that will propel your interest. We cannot eliminate those that wish to purchase such a proposal with the mindset of building their dream home, as this expansive allotment is also designed for such a build. Located within the central Portarlington residential zone and offering close proximity to the thriving main street, the Port Phillip ferry terminal/waterfront and a mere metres away you have the esteemed Portarlington Golf Course. Portarlington is the most publicised coastal market as it is surrounded by some of the greatest wineries in the country notably Jack Rabbit and Terindah, the fact that we are the only coastal market offering a ferry service to and from Melbourne - should be a semblance in your mind that this coastal market is heading in an upwards trajectory.

Property Details

Property Type
land
Listing Type
For Sale
Land Area
2042 m²
Listed
3 months ago

Repayment calculator

$7,078/month
$3,539 /fortnight
Loan $1,168,000 at 6.10% over 30 years

Upfront costs

Deposit$292,000
Stamp duty$80,300
Conveyancing (est.)$2,000
Total upfront$374,300
Verify with VIC revenue office →
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 Portarlington

This land in Portarlington, VIC 3223 sits within reach of public transport, local shops and nearby schools. It is listed 76% above the $830,000 median of 71 comparable landswithin 5 km.

Schools near Portarlington

  • Portarlington Primary Schoolprimary · Prep-6 · CoEd

What's nearby

  • Fenwick Street/Gellibrand Street (bus)556 m away
  • Pier View Lolly Shop1.0 km away
  • W.G. Little Reserve1.1 km away
  • Unnamed1.1 km away
  • Arlington Rise Reserve1.1 km away

Portarlington at a glance

Full suburb profile
Population
4,436
Median age
62
Household income
$1,064/wk
Median rent
$331/wk
Median mortgage
$1,657/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Portarlington price trend

Median sold · House 3 bed

Compound growth -3.0% / yr over 4 yrs

$790kcurrent median

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Price history

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1 price change recorded for this property

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