2 Old Port Foreshore RoadPort Albert VIC 3971
Property Details for 2 Old Port Foreshore Rd, Port Albert
Last Listing description (February 2025)
Discover Old Port Foreshore Road, Port Albert! An exceptional 3.48 hectares of vacant land in the historic township of Port Albert, South Gippsland.
This property boasts functional power and water supplies, ensuring convenience while promoting a sustainable and eco-friendly lifestyle. Moreover, the property has rezoning potential (STCA), and the adjoining vacant land at 129 West Boundary Road enhances this offering.
This is a highly lucrative development opportunity and is positioned in close proximity to central Port Albert.
Whether you envision your coastal dream home or seek a prime investment with significant potential, this is an opportunity not to be overlooked.
Don't miss out. Act now and take advantage of the newly adjusted price of $298K. Truly amazing value.
For more information, contact Professionals Yarram at 03 5114 6552, or listing agent Ian Seed at 0436 036 646, to make your move today!
Property History for 2 Old Port Foreshore Rd, Port Albert, VIC 3971
- 17 May 2024Listed for Sale $298,000
- 23 Jul 2023Listed for Sale $360,000
- 27 Jul 2021Sold for $99,000
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About Port Albert 3971
The size of Port Albert is approximately 31.3 square kilometres. There are 2 parks, covering nearly 25.9% of the total area. The population of Port Albert in 2016 was 293 people. By 2021 the population was 403 showing a population growth of 37.5% in the area during that time. The predominant age group in Port Albert is 60-69 years. Households in Port Albert are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Port Albert work in a professional occupation.In 2021, 79.50% of the homes in Port Albert were owner-occupied compared with 76.10% in 2016.
Port Albert has 475 properties. Over the last 5 years, Houses in Port Albert have seen a 55.86% increase in median value, while Units have seen a 52.78% increase. As at 30 June 2026:
- The median value for Houses in Port Albert is $515,113 while the median value for Units is $320,690.
- Units have a median rent of $190.
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