Portarlington at a glance
5,815
People
$815,000
Median sale
$472/wk
Median rent
3.01%
Suburb gross yield
Median sale from 55 recorded sales (last 12 months) — a Districts calculation.
VIC › Portarlington › Tower Rd
$2,850,000
Last sold
17 Aug 2021
0
Bedrooms
0
Bathrooms
0
Car spaces
7,888 m²
Land
Districts View
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$2,850,000
17 Aug 2021 · derived via latest_sale
Local land rate: recorded Land sales in Portarlington (last 5 years) with land size have a median of $789/m² of land (n=5). Districts calculation from recorded sales — not a valuation.
Portarlington at a glance
5,815
People
$815,000
Median sale
$472/wk
Median rent
3.01%
Suburb gross yield
Median sale from 55 recorded sales (last 12 months) — a Districts calculation.
Vs Portarlington
+249.7%
Median sale
Suburb $815,000
-2.15 pp
Gross yield
Suburb 3.01%
Suburb median $815,000 from 55 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
ZN
Zone
GENERAL RESIDENTIAL ZONE - SCHEDULE 2
GRZ2
Jurisdiction
Greater Geelong
Greater Geelong, VIC
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
VICZoned GENERAL RESIDENTIAL ZONE - SCHEDULE 2 · GRZ2 (ZN). Official parcel area about 863 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. Zoning and lot facts are a starting point, not proof this lot outperforms the suburb. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Minimum lot size is not loaded, so two-lot subdivision is not confirmed. Official parcel about 863 m² — land size can look like optionality. What reduces it: PROTECTED SETTLEMENT BOUNDARY; DESIGN AND DEVELOPMENT OVERLAY - SCHEDULE 14. Pay house money or walk — do not pay site money until a planner confirms a pathway through this stack. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Rental
No advertised rent is recorded. Suburb median rent $472/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms. No recorded off-street parking — often a discount versus the suburb median for the same beds.
Current comparable rental listings within 400 m of this lot are not loaded. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
3 of 10 questions answered so far
Development optionality of this lot
KnownmediumZoned GENERAL RESIDENTIAL ZONE - SCHEDULE 2 · GRZ2 (ZN). Official parcel area about 863 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.
Nearby development pipeline
UnknownVictoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
KnownlowOfficial parcel about 863 m² — land size can look like optionality. What reduces it: PROTECTED SETTLEMENT BOUNDARY; DESIGN AND DEVELOPMENT OVERLAY - SCHEDULE 14. Pay house money or walk — do not pay site money until a planner confirms a pathway through this stack.
Lot-level flood
UnknownFlood overlay has not been queried for this lot. Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownNo DA adapter returned applications for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Portarlington at a glance
5,815
People
$815,000
Median sale
$472/wk
Median rent
3.01%
Suburb gross yield
Median sale from 55 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Bellarine PropertyExpressions of Interest Closing Tuesday 3rd August at 4pm
The Feel:
An incredibly rare development opportunity awaits to secure 7,888sqm (approx) of vacant land in one of the Bellarine’s fastest growing markets. Suitable for multi-site development (STCA) in the region’s most exciting locale, this ready-made development market presents enormous scope, all within an easy walk to Portarlington town centre, ferry terminal, bayside recreation, school and amenities. Incomparable bay vistas span from Geelong, past the You Yangs, to the sparkling lights of Melbourne’s CBD, with the fall of the land protecting views from further development.
The Facts:
-Land of this size and calibre is scarcely found in Portarlington
-7,888m2 (approx.) currently zoned General Residential 2 (GRZ2)
-Elevated allotment captures panoramic bay views from Geelong to Melb CBD
-Ultimate combination of space, views & convenience to community assets
-The land is cleared & ready for multi-site development (STCA)
-Substantial 105.0m2 boundary allows for very adaptable plans
-Fall of the land on elevated site protects views from further development
-Sought-after prime location offering a relaxed lifestyle with stunning natural surrounds
-Progressive community with bright future & exciting infrastructure upgrades
-Heart of the Bellarine, well-known for wineries, beaches, water sports & wellbeing
-Shops, school, amenities & untouched bay beaches all within an easy walk
-Connection to Geelong & onwards to Melbourne via Ring Road & Docklands Ferry
The Owner Loves….
“This is an unmatched opportunity for a multi-site development in an exciting growth area on the Bellarine Peninsula.”
*All information offered by Bellarine Property is provided in good faith. It is derived from sources believed to be accurate and current as at the date of publication and as such Bellarine Property simply pass this information on. Use of such material is at your sole risk. Prospective purchasers are advised to make their own enquiries with respect to the information that is passed on. Bellarine Property will not be liable for any loss resulting from any action or decision by you in reliance on the information.
Listing description written by Lee Martin, Bellarine Property — reproduced as published, not verified by Districts.