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51 New Street, Portland$395,000
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For Salehouse

51 New Street

Portland, VIC 3305, Australia
$395,000
3 bed 2 bath952 m²

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About this property

Positioned on a generous 952m² allotment in an established Portland location, 51 New Street presents an exciting opportunity for renovators, investors and developers seeking a property with genuine upside. The property comprises two separate dwellings, including a one-bedroom residence and a two-bedroom residence, providing flexibility for a range of buyers. While both homes are modest in their current condition, they offer excellent scope for renovation, extension or improvement to maximise their potential. With great land size and future development possibilities (STCA), this versatile property represents a rare chance to add value and capitalise on a site with multiple options. Whether you're looking to renovate, invest or explore redevelopment opportunities, 51 New Street offers the space and potential to bring your vision to life. For more details contact exclusive agent Nash Wollard on 0460877718 or the team at Seaview Real Estate on 0355233822

Property Details

Property Type
house
Listing Type
For Sale
Bedrooms
3
Bathrooms
2
Land Area
952 m²
Listed
2 weeks ago

Repayment calculator

$1,915/month
$957 /fortnight
Loan $316,000 at 6.10% over 30 years

Upfront costs

Deposit$79,000
Stamp duty$18,770
Conveyancing (est.)$2,000
Total upfront$99,770
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 12% below the $449,000 median of 75 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)3.1 km away
  • Portland Strawberries4.2 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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