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3/347 Hanlon Parade, Portland$850,000
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3/347 Hanlon Parade

Portland, VIC 3305, Australia
$850,000
3 bed 2 bath 2 car

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About this property

Secure a premium, low-maintenance investment in the heart of coastal Portland with this stunning near-new Hanlon townhouse. Offering contemporary design, quality finishes, and a reliable tenant already in place, this is a ready-made opportunity for the savvy investor seeking immediate returns and long-term growth. Set across two spacious levels and thoughtfully designed for modern coastal living, this impressive 23-square residence captures the very best of its seaside location - from spectacular sunrises over Portland Bay to warm evening sunsets enjoyed from the rear balcony and master suite. Upstairs, the light-filled open plan living zone showcases a sleek kitchen complete with Caesarstone benchtops, stainless steel appliances, and generous storage. The front balcony, fitted with overhead heating, creates an inviting year-round entertaining space where bay views and even the occasional whale sighting can be enjoyed. To the rear, the spacious master bedroom features a walk-in robe, stylish ensuite, and its own private balcony - a peaceful retreat that enhances tenant appeal. Downstairs offers two additional oversized bedrooms, both with walk-in robes, including one with beautiful sunrise views toward the bay. The main bathroom is elegantly appointed with a freestanding bath, frameless glass shower, and timber vanity. A well-designed laundry and secure internal access from the garage via a striking timber staircase complete the practical lower level. Each townhouse also benefits from a private courtyard with built-in clothesline, rainwater tank, and a high-access storage shed ideal for caravans, boats, or additional storage - a rare and highly desirable feature in townhouse living. Premium inclusions such as 2.7m ceilings, double-glazed windows, and contemporary timber finishes further elevate the home's quality and efficiency. Positioned close to scenic clifftop walks, Dutton Way beaches, and just minutes from the CBD, this exceptional property offers investors a hassle-free, brand-new asset with strong tenant demand in a tightly held coastal market. With a quality tenant already secured, this is a fantastic opportunity to invest in style, location, and immediate income.

Property Details

Property Type
house
Listing Type
For Sale
Bedrooms
3
Bathrooms
2
Parking
2
Listed
3 months ago

Repayment calculator

$4,121/month
$2,060 /fortnight
Loan $680,000 at 6.10% over 30 years

Upfront costs

Deposit$170,000
Stamp duty$46,070
Conveyancing (est.)$2,000
Total upfront$218,070
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.

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Neighbourhood

Living in Portland

This 3-bedroom house in Portland, VIC 3305 sits within reach of public transport, local shops and nearby schools. It is listed 105% above the $415,000 median of 73 comparable houseswithin 5 km.

Schools near Portland

  • Portland Bay Schoolcombined · U · CoEd
  • All Saints Parish Schoolprimary · Prep-6 · CoEd
  • Bundarra Primary Schoolprimary · Prep-6 · CoEd
  • Portland Primary Schoolprimary · Prep-6 · CoEd
  • Portland South Primary Schoolprimary · Prep-6 · CoEd
  • St John's Lutheran Schoolprimary · Prep-6 · CoEd

What's nearby

  • Unnamed (bus)2.6 km away
  • Portland Strawberries3.4 km away

Portland at a glance

Full suburb profile
Population
10,016
Median age
47
Household income
$1,146/wk
Median rent
$250/wk
Median mortgage
$1,083/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Portland price trend

Median sold · House 3 bed

Compound growth +2.1% / yr over 4 yrs

$430kcurrent median

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Price history

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1 price change recorded for this property

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