9 Welfare Street
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About this property
Set on an expansive approx. 1,402m² allotment, this is a blue-chip development opportunity in one of Portarlington's most tightly held and rapidly evolving coastal pockets. Elevated to capture sweeping bay views stretching to the You Yangs, the site presents genuine scale, position, and upside, three elements rarely found together at this level. This is a true blank canvas (STCA). The substantial land size and favourable setting provide flexibility for a luxury coastal residence, boutique multi-dwelling project, or strategic landbank in a market experiencing strong demand from Peninsula and Melbourne buyers seeking lifestyle-driven investments with growth potential. Positioned just minutes from the heart of Portarlington, the property combines coastal serenity with everyday convenience, cafés, the ferry, wineries, beaches and the Bellarine lifestyle all within easy reach. For developers accustomed to Mornington, Bayside or Portsea pricing, this represents a compelling value proposition without compromising on views, scale or end appeal. Large coastal landholdings with development scope and uninterrupted outlooks are becoming increasingly scarce. 9 Welfare Street offers the opportunity to secure a high-calibre site, add value, and deliver a project that will resonate strongly with the Melbourne and Peninsula market. A rare chance to invest, develop, or landbank in a location that continues to attract sophisticated buyers from across the bay.
Property Details
- Property Type
- house
- Listing Type
- For Sale
- Bedrooms
- 3
- Bathrooms
- 1
- Land Area
- 1402 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 32% above the $775,000 median of 74 comparable houseswithin 5 km.
Schools near Portarlington
- Portarlington Primary Schoolprimary · Prep-6 · CoEd
What's nearby
- Hereford Street/Portarlington Road (bus) — 184 m away
- Hive — 1.2 km away
- Wiffen Park — 814 m away
- Unnamed — 904 m away
- SS Nash Reserve — 1.1 km 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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Full Portarlington marketThis listing
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Listing price changes
2 price changes recorded for this property
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