Back Lot 1/59 Richardson Street
Off Market

Lot 1/59 Richardson Street

Portland VIC 3305

734 m²
Land
Last sold for $165,000
Angie SteelAngie Steel, last sold this property on 12 May 2026 after 82 days on market.

Overview

Ready to Build, Ready to Enjoy

Kickstart your investment portfolio or create the perfect low-maintenance downsizer with this 734m² allotment, ideally positioned in the ever-growing coastal township of Portland. Offering a fantastic opportunity to secure your own slice of this thriving community, this flat and easy-to-build-on block provides the ideal foundation for your next project. With all essential services available for connection, the groundwork is already in place to bring your vision to life. Surrounded by quality neighbouring homes, many designed with convenient rear garage access, this allotment is perfectly suited to a modern, practical build. Its level profile means less preparation and more opportunity - simply design, build, and enjoy. Whether you're investing for the future or planning your dream downsizing retreat, this ready-to-go block presents outstanding value in a vibrant and steadily growing coastal location. Don't miss your chance to secure land in one of Portland's most appealing pockets - your property dreams start here. Contact Assets Real Estate today!

Features

734 m² lot size
Land

Estimated Value

Based on this property and similar land plots sold in Portland over the last 12 months, the estimated median property value of Lot 1/59 Richardson Street is $187.5k.

Median value
$187.5k
Estimated value range
$70k - $390k
Median days on market
345
Estimated value trend
-2%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Portland. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for Lot 1/59 Richardson Street

2026
Sold
$165,000
12 May 2026 by Angie Steel, of Assets Real Estate Portland & Heywood

Happy sellers in Portland

78%
78% of sellers in Portland reported that their sale price either exceeded or met their price expectations.

Portland stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 93 reviews in Portland over the last 12 months.

Local market activity for land plots in Portland

In the last 12 months, 15 land plots similar to Lot 1/59 Richardson Street, have been sold.

This represents a 25% decrease in land plots sales when compared to the previous 12 months.

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