Portland at a glance
9,868
People
$505,000
Median sale
$482/wk
Median rent
4.96%
Suburb gross yield
Median sale from 181 recorded sales (last 12 months) — a Districts calculation.
VIC › Portland › Wellington Rd
$875,000
For sale
$875,000
Last sold
7 Mar 2022
0
Bedrooms
0
Bathrooms
0
Car spaces
14,000 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
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
Asking
$875,000
7 Mar 2022 · derived via latest_sale
Local land rate: recorded Land sales in Portland (last 5 years) with land size have a median of $216/m² of land (n=22). Districts calculation from recorded sales — not a valuation.
Portland at a glance
9,868
People
$505,000
Median sale
$482/wk
Median rent
4.96%
Suburb gross yield
Median sale from 181 recorded sales (last 12 months) — a Districts calculation.
Vs Portland
+73.3%
Median sale
Suburb $505,000
-2.10 pp
Gross yield
Suburb 4.96%
Suburb median $505,000 from 181 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$53,422 on top of the price (6.1% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: Victoria schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Pre-filled with Portland's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
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
VICPlanning 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.” Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Rental
No advertised rent is recorded. Suburb median rent $482/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.
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
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?
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
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
Portland at a glance
9,868
People
$505,000
Median sale
$482/wk
Median rent
4.96%
Suburb gross yield
Median sale from 181 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by URV Estate AgentsURV proudly presents an outstanding opportunity to secure a premium development or lifestyle site at 75 Wellington Road, Portland.
This substantial landholding of approximately 3.45 acres (14,000 sqm) comes with plans and
permits already approved for a 21-lot residential subdivision, allowing you to move forward
without the delays of the planning process. With Approved 21 Lots, the site offers flexibility for developers, investors, or those seeking a large lifestyle holding close to the coast.
Positioned next to established residential homes, the property provides an ideal foundation for anew community while benefiting from existing neighbourhood infrastructure. Conveniently located with an early learning centre next door and within close proximity to primary and secondary schools, shops, cafés, pharmacy and essential amenities, everything you need is within easy reach. Portland Port and Pivot Beach are just minutes away, along with the Portland Golf Club, making this location highly attractive for families and future residents.
Key Features:
• Approved plans & permits for 21 residential lots
• Massive 14,000 sqm (approx.) landholding
• Positioned next to established residential homes
• Flexible development potential (STCA)
• Prime central location close to schools, shops & beaches
• Strong opportunity in a growing regional market.
Opportunities with permits already secured are rare. Whether you are ready to develop or
landbank for the future, this is a standout offering in the Portland market.
Before making an offer, buyers should conduct their own due diligence and make all necessary enquiries.
Due Diligence Checklist -
http://www.consumer.vic.gov.au/duediligencechecklist
For more information, contact: Sharad Kapoor: 0416 404 595 or
Ronnie Ahuja: 0466 040 459
DISCLAIMER:
The information provided by URV Estate Agents, including but not limited to property dimensions, photographs, descriptions, and any other materials, is for general informational purposes only. All measurements, figures, and depictions are approximate and should not be relied upon as exact or definitive. No warranty, representation, or guarantee of any kind-express or implied-is made regarding the accuracy, completeness, or suitability of the information provided. Prospective purchasers, tenants, or other parties are solely responsible for conducting their own independent investigations, inspections, and due diligence to verify all details. URV Estate Agents, its representatives, and affiliates expressly disclaim any liability for errors, omissions, or misstatements, and no legal claim may arise from the use of this information.
Listing description written by Ronnie Ahuja, URV Estate Agents — reproduced as published, not verified by Districts.