1/70 Hurd St, Portland is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1987. The property has a land size of 784m2 and floor size of 86m2.
Situated on a large block of approximately 770m2 in a superb location, adjoining the Woolworths and Target complex and only 100 metres from Portland's CBD is this block of 7 units. Constructed from brick, the building has 2 x 2 bedroom units and 5 X 1 bedroom units (All leased). Currently getting returns of over 6% this is a wonderful opportunity to invest in a prime location with excellent scope to either retain or renovate the property.
The size of Portland is approximately 33.5 square kilometres. There are 28 parks, covering nearly 6.2% of the total area. The population of Portland in 2016 was 9712 people. By 2021 the population was 10016 showing a population growth of 3.1% in the area during that time. The predominant age group in Portland is 60-69 years. Households in Portland are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Portland work in a professional occupation.In 2021, 70.00% of the homes in Portland were owner-occupied compared with 65.20% in 2016.
Portland has 6,691 properties. Over the last 5 years, Houses in Portland have seen a 44.79% increase in median value, while Units have seen a 25.06% increase. As at 30 June 2026:
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