Portland at a glance
2,443
People
$535,000
Median sale
$407/wk
Median rent
3.96%
Suburb gross yield
Median sale from 7 recorded sales (last 12 months) — a Districts calculation.
$340,000
Last sold
16 July 2022
2
Bedrooms
1
Bathrooms
0
Car spaces
700 m²
Land
70 m²
Building
Districts View
No detected risks — but see the checklist: absence of evidence is not an all-clear.
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
$340,000
16 July 2022 · derived via latest_sale
Local land rate: recorded House sales in Portland (last 5 years) with land size have a median of $474/m² of land (n=45). Districts calculation from recorded sales — not a valuation.
Portland at a glance
2,443
People
$535,000
Median sale
$407/wk
Median rent
3.96%
Suburb gross yield
Median sale from 7 recorded sales (last 12 months) — a Districts calculation.
Vs Portland
-36.4%
Median sale
Suburb $535,000
+2.26 pp
Gross yield
Suburb 3.96%
Suburb median $535,000 from 7 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
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
NSWPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.
Rental
No advertised rent is recorded. Suburb median rent $407/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. NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet. 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. NSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.
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.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownNSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.
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?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). 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
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownNSW Valuer General land values are not loaded for this property yet.
Net yield / holding costs
UnknownNSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.
Area
Portland at a glance
2,443
People
$535,000
Median sale
$407/wk
Median rent
3.96%
Suburb gross yield
Median sale from 7 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Hartley Realty & Lifestyle20 Lime Street, Portland, is positioned in a friendly neighbourhood. A traditional exterior blends into a clean and tidy interior with good bones and classic finishes.
A superb investment proposition with current rent generating $240 per week. Capitalise on this opportunity with a great tenant and a contract already in place until 2023.
Interiors create simple yet practical designs for the home. The kitchen is bright, new, clean and functional. The original finishes, such as the fireplace with the mantle, are ideal for adding value in years to come.
Adding further appeal, you'll find the high set position with views over sporting fields, duel access, a front porch and zoning for your choice of schools up to year 12.
The location doesn't get much better for family living.
At a glance;
- An ideal opportunity on a large 700sqm lot
- Traditional street appeal in a family-friendly neighbourhood
- Elevated position with front porch
- Two lovely bedrooms and one bathroom
- Tidy, bright kitchen with cooktop and an abundance of storage
- Secure backyard with rear lane access and 2.8 x 2.8 garden shed
- Original finishes throughout are ideal for adding value
- Room to add your personal touch or develop (STCA)
- Approx 140 years old
- Superb investment proposition with a great tenant who is happy to stay - Currently returning $240 per week lease till March 2023.
- Walking tracks, parks, reserves, a hospital, golf course, schools, cafes, transport, churches, shops and more within three blocks
- Driving distance to surrounding gems such as historic Hartley, Megalong Valley, Wolgan Valley and Newnes Glow Worm Tunnel
Capitalise on the area value Portland will offer in years to come and live comfortably with this easy access route into the real estate market. It's perfect for investors, renovators, downsizers or first home buyers looking for something with a touch of tradition, durability and returns.
Contact Kristie Trouchet-Nilsson on 0400 203 383 immediately to avoid disappointment.
From all of us at HR Realtors & Lifestyle Property Specialists, we wish you every success in your search for your new property. If you would like more details on this land or to chat about one of the many other properties available, please call or email us today (02) 6355 2002; we'd love to talk more.
Disclaimer: HR Realtors & Lifestyle Property Specialists believe that all information contained herein be true & correct to the best of our ability & in no way misleading; however, all interested parties are advised to carry out their own enquiries and relevant searches.
The price of this property is listed in Australian Dollars (AUD) at the beginning of this description, and that should be used as a price guide for this property.
Please call (02) 6355 2002 to arrange a private inspection.
Listing description written by Kristie Trouchet-Nilsson, Hartley Realty & Lifestyle — reproduced as published, not verified by Districts.