Nestled in the sought-after area of South Portland and within easy walking distance to both primary and high schools, 249 Edgar St. offers an exceptional opportunity for developers and investors. This prime parcel of land spans a generous 2100m and offers great potential for further sub-development (S.T.C.A.), presenting endless options to subdivide or develop as is. Adjacent is 251 Edgar St. which is also for sale, offering the unique opportunity to acquire a larger footprint with a large family dwelling included. This rare opportunity provides the flexibility to explore various development options, catering to the growing demand in the area. Contact Assets Real Estate today to find out more.
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 6,680 properties. Over the last 5 years, Houses in Portland have seen a 45.78% increase in median value, while Units have seen a 24.89% increase. As at 31 July 2026:
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