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5 Park Edge Terrace, Portarlington$724,000
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For Salehouse

5 Park Edge Terrace

Portarlington, VIC 3223, Australia
$699,000 – $749,000
3 bed 2 bath 1 car359 m²

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Listing description

About this property

Perfectly positioned adjacent to beautiful Zuidema Park, 5 Park Edge Terrace, Portarlington presents an outstanding opportunity for first home buyers, downsizers, or young families seeking low-maintenance living without compromising on comfort or style. Set on an easy-care 359m² (approx.) allotment, this immaculately presented home combines modern functionality with relaxed coastal charm, all just minutes from the heart of Portarlington and the enviable Bellarine lifestyle. Designed with effortless living in mind, the home offers three generous bedrooms, including a spacious master retreat complete with a walk-in robe leading through to a private ensuite. The two additional bedrooms are both well-sized with built-in robes and are serviced by a stylish central bathroom featuring a deep recessed bath, separate shower, and a large feature niche. The heart of the home is the light-filled open plan living and dining zone, where sliding doors open seamlessly onto the entertaining deck, creating the perfect indoor-outdoor flow for family gatherings or quiet afternoons in the sun. The modern kitchen is both practical and inviting, showcasing statement pendant lighting, timeless subway tile splashback, abundant drawer storage, a 900mm stainless steel oven, five-burner cooktop, rangehood, dishwasher, and a generous walk-in pantry. Additional highlights include downlights throughout, low-allergy timber flooring, gas ducted heating, and an oversized single lock-up garage with internal access. With low-maintenance landscaped gardens, quality turf, and parkland at your doorstep, this is a move-in-ready home offering an exceptional lifestyle only moments from Portarlington's boutique shopping, cafés, wineries, beaches, and ferry access to Melbourne.

Property Details

Property Type
house
Listing Type
For Sale
Bedrooms
3
Bathrooms
2
Parking
1
Land Area
359 m²
Listed
2 months ago

Repayment calculator

$3,510/month
$1,755 /fortnight
Loan $579,200 at 6.10% over 30 years

Upfront costs

Deposit$144,800
Stamp duty$38,510
Conveyancing (est.)$2,000
Total upfront$185,310
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 Portarlington

This 3-bedroom house in Portarlington, VIC 3223 sits within reach of public transport, local shops and nearby schools. It is listed 19% below the $895,000 median of 73 comparable houseswithin 5 km.

Schools near Portarlington

  • Portarlington Primary Schoolprimary · Prep-6 · CoEd

What's nearby

  • Fisher Street/Stevens Street (bus)838 m away
  • Hive917 m away
  • Arlington Rise Reserve70 m away
  • Unnamed310 m away
  • Wiffen Park931 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.

Due diligence

Property Report

Future Development

Complete

Portarlington is experiencing moderate, incremental residential and mixed-use development as part of broader Bellarine Peninsula growth, with a focus on town centre activation and foreshore public realm improvements. Development activity is relatively subdued compared to major metropolitan growth corridors, reflecting its role as a secondary regional centre serving holiday, retirement and commuter populations. Infrastructure and retail renewal initiatives are being driven by council and private landowners seeking to enhance amenity and support sustainable local growth.

Nearby projects

5

Closest

0.3 km

Local Shop and Mixed-Use Renewal

1.3km2.5km3.8km5kmLocal Shop and Mixed-Use Renewal — 0.3 kmPortarlington Foreshore Precinct Upgrade — 0.5 kmResidential Infill and Dual Occupancy Approvals — 0.8 kmBellarine Highway Corridor Residential — 1.2 kmBellarine Peninsula Broader Growth Corridor — 3.0 km

Distance from this property is exact (rings = km). Direction is illustrative.

Local Shop and Mixed-Use Renewal

0.3 km
Mixed-useProposed

Small-scale retail and residential redevelopment of aging commercial precincts in the town centre to encourage local activation.

300 m

Portarlington Foreshore Precinct Upgrade

0.5 km
InfrastructureCompleted

Council-led foreshore and public realm improvements including landscaping, pathways and recreational facilities along the bay interface.

500 m

Residential Infill and Dual Occupancy Approvals

0.8 km
Residential subdivisionApproved

Scattered approvals for dual occupancy and small-lot infill development across established residential precincts within walking distance of the town centre.

800 m

Bellarine Highway Corridor Residential

1.2 km
Residential subdivisionApproved

Medium-density residential land release with approximately 80-120 lots on the outskirts of the town centre near key transport corridors.

1.2 km

Bellarine Peninsula Broader Growth Corridor

3 km
InfrastructureUnder construction

Regional road and utility upgrades across the Bellarine Peninsula to support population growth and improved connectivity to Geelong.

3.0 km
Source: StMate AI — VIC development trends06/05/2026
Disclaimer: This report combines data from Australian Government open data portals (CC-BY 4.0) and StMate AI. For non-NSW properties some sections (zoning, flood, bushfire, development, heritage) are AI-generated based on publicly known suburb characteristics — always verify with the relevant council or authority before making decisions. This report does not constitute legal, financial, or planning advice.

Suburb market

Suburb price trend

Portarlington price trend

Median sold · House 3 bed

Compound growth -3.0% / yr over 4 yrs

$790kcurrent median

Suburb-wide medians from sold listings — a guide to the area, not this specific property.

Full Portarlington market

This listing

Price history

Price history

Listing price changes

2 price changes recorded for this property

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Within 5km

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