42 Smythe Street
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About this property
Set in one of Portarlington's most sought-after pockets, this original mid-century home presents a rare opportunity for renovators, investors, or developers (STCA). Brimming with retro charm and boasting uninterrupted views across Port Phillip Bay to the You Yangs, this property offers incredible potential in a prime coastal location. Step inside to discover three generous bedrooms, a central bathroom with a separate toilet, and a classic open-plan kitchen and living area, complemented by a separate dining room all retaining authentic mid-century features. The home is ready for a creative transformation, offering a solid foundation to renovate or redevelop (subject to council approval). Positioned on a substantial block, the property's elevated outlook captures stunning bay vistas and beautiful sunsets, just a short stroll from Portarlington's cafés, shops, schools, and beaches. Recent updates including an upgraded switchboard, power to the shed, and a split system enhance its functionality and appeal making it a smart choice for investors seeking a home with strong rental prospects in the range of $400-$420 per week in a high-demand coastal area.
Property Details
- Property Type
- house
- Listing Type
- For Sale
- Bedrooms
- 3
- Bathrooms
- 1
- Parking
- 2
- Land Area
- 611 m²
- Listed
- 3 months ago
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Neighbourhood
Living in Portarlington
This 3-bedroom house in Portarlington, VIC 3223 sits within reach of public transport, local shops and nearby schools. It is listed 23% below the $890,000 median of 71 comparable houseswithin 5 km.
Schools near Portarlington
- Portarlington Primary Schoolprimary · Prep-6 · CoEd
What's nearby
- Lincoln Drive/Portarlington Road (bus) — 371 m away
- Hive — 879 m away
- Unnamed — 347 m away
- Arlington Rise Reserve — 592 m away
- Wiffen Park — 592 m away
Portarlington at a glance
Full suburb profile- Population
- 4,436
- Median age
- 62
- Household income
- $1,064/wk
- Median rent
- $331/wk
- Median mortgage
- $1,657/mo
Source: ABS Census.
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Suburb market
Suburb price trend
Portarlington price trend
Median sold · House 3 bed
Compound growth -3.0% / yr over 4 yrs
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Price history
Listing price changes
1 price change recorded for this property
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