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2 & 3/36 Peter Street

Portland, VIC 3305, Australia
$429,000
2 bed 2 bath 2 car

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Area Price Guide
$403,260$454,740

Indicative price guide range

🏘️
80
Comparable
📊
$445,000
Area median
⚖️
-4%
vs median
🗓️
2 months ago
Listed

Approximate location shown. Contact agent for exact address.

Property Insights

Schools · zoning · transport · traffic · flood · bushfire · crime · development · heritage

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Heritage

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About this property

Investment opportunity in the highly sought-after coastal township of Portland, offering a versatile and low-maintenance addition to any portfolio. Set on a single title, this property comprises two well-positioned one-bedroom units, each complete with the convenience of undercover parking. One unit is currently leased, providing an instant return, while the second has recently undergone a cosmetic refresh, featuring new paint, updated carpet, and a brand-new split system for year-round comfort. This presents an excellent opportunity to secure a new tenant at current market rates or further enhance returns. With strong rental demand in the area and the flexibility of dual incomes, this property is ideally suited to investors seeking a solid, set-and-forget asset. Whether you're looking to expand your portfolio or secure your first investment, this is a smart opportunity to capitalise on Portland's growing appeal and consistent rental performance.

Property Features

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    Repayment calculator

    $2,080/month
    $1,040 /fortnight
    Loan $343,200 at 6.10% over 30 years

    Upfront costs

    Deposit$85,800
    Stamp duty$20,810
    Conveyancing (est.)$2,000
    Total upfront$108,610
    Verify with VIC revenue office →
    Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

    Property Details

    Property Type
    land
    Listing Type
    For Sale
    Bedrooms
    2
    Bathrooms
    2
    Parking
    2
    Listed
    2 months ago

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