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Assets Real Estate - Portland and Heywood

150 Edgar Street, Portland, Vic 3305

$370,000

House

Type

Bedrooms

Bathrooms

Parkings

724 m²

Area

Last updated on Friday, August 14, 2026 ( See property details for 150 Edgar Street, Portland, Vic 3305)

$430,000

View the agent price guide.

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Angie Steel Sales Consultant

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AI Property Insight

AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A versatile 3-bedroom home on a large corner block in Portland, offering renovation potential, future subdivision, and sea view extension possibilities.

🏡 Property Highlights

Spacious 724m² corner block with potential for subdivision
Ideal for renovation and value-adding improvements
Potential to extend with a second storey to capture sea views (STCA)
Prime location opposite a local primary school
Close to Portland's CBD and coastal lifestyle attractions
Suitable for first home buyers, investors, or developers

✨ Key Features

Built-in Robes
Open-Plan Living
Waterfront / Views
Outdoor Area
Potential for Dual Living
Potential for Granny Flat / Studio
Secure Parking
Fully fenced
Water tank
Open-Plan Living

Suburb and Property Insights of Portland, VIC 3305

Portland is a vibrant coastal town renowned for its fishing, boating, and relaxed lifestyle. The suburb offers excellent local amenities, scenic waterfront views, and a friendly community atmosphere. Its proximity to the CBD makes it ideal for families and investors alike. The area is perfect for those seeking a peaceful yet connected lifestyle with future development opportunities. Portland’s natural beauty and growing infrastructure make it a highly desirable location for both living and investment.

Frequently Asked Questions

What are the renovation possibilities for this property?

The home is in original condition, providing a blank canvas for renovation, extension, or modern upgrades to suit your lifestyle or investment goals.

Is subdivision allowed on this corner block?

Yes, the generous 724m² corner allotment offers potential for subdivision, subject to council approval.

Can I extend the home to include sea views?

There is potential to add a second storey to capture sea views, subject to council approval (STCA).

What amenities are nearby?

The property is directly opposite a primary school and approximately 3km from Portland's CBD, with easy access to local shops, beaches, and recreational facilities.

Is the property suitable for first home buyers?

Yes, it offers an affordable entry point with exciting renovation and development possibilities, making it ideal for first home buyers.

What to ask about this property to agent?

Are there any restrictions or easements on the property that could affect subdivision or development plans? What are the council requirements and approval processes for adding a second storey or subdividing? Are there any known issues with the property's foundation, plumbing, or electrical systems? Is the property located in a flood or bushfire-prone area? Are there any upcoming planning or development projects in the vicinity that could impact the property’s value or lifestyle?

150 Edgar Street, Portland, Vic 3305 - More Details

$370,000

Set on a spacious 724m² corner block in Portland's south, this classic mid century home presents an affordable opportunity for first home buyers, investors, or those looking for a property with future potential.

Offering three bedrooms and one bathroom, the home remains in original condition and provides a blank canvas for those wanting to renovate, improve, and add value over time.

The generous corner allotment also provides potential for subdivision (subject to council approval), while those looking to maximise the home's position may also consider the opportunity to extend with a second storey to capture sea views (S.T.C.A), adding even further value and lifestyle appeal.

Conveniently positioned directly opposite a local primary school and approximately 3km from Portland's CBD, the property offers easy access to local amenities while being close to the coastal lifestyle that makes Portland a popular holiday and fishing destination.

Whether you're looking to secure your first home, expand your investment portfolio, or take on a value-adding project, this property offers an affordable entry point with exciting possibilities.

Contact Assets Real Estate today to book your inspection.

Type: House
Bedrooms: 3
Bathrooms: 1
Parkings: 2
Area: 724 m²

Price guide

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