For Sale

79 Otway Street, Portland, Vic 3305-Image

Assets Real Estate - Portland and Heywood

79 Otway Street, Portland, Vic 3305

$470,000

House

Type

Bedrooms

Bathrooms

Parkings

1,798 m²

Area

Published on Monday, July 27, 2026 ( See property details for 79 Otway Street, Portland, Vic 3305)

$470,000

View the agent price guide.

Assets Real Estate - Real Estate Agent - Assets Real Estate - Portland and Heywood

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Jason Saunders - Real Estate Agent - Assets Real Estate - Portland and Heywood

Jason Saunders 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 charming 1950s weatherboard home on a large, versatile allotment, offering immediate comfort, outdoor space, and exciting future potential in a prime Portland location.

🏡 Property Highlights

Generous 1,798m² allotment with future subdivision potential (STCA)
Recently refreshed interior with new carpet and fresh paint throughout
Expansive outdoor space including an 11m x 6m shed with drive-through access
Flexible third bedroom suitable as a nursery, home office, or guest room
Prime location within 1km of Portland's ocean cliff tops, beaches, cafés, and CBD
Comfortable weatherboard home with polished timber flooring and practical layout

✨ Key Features

Built-in Robes
Outdoor Area
Shed
Open-Plan Living
Garage / Secure Parking
Waterfront / Views
Pet-Friendly
Fully fenced
Ceiling Fans
Water tank

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79 Otway Street

Portland, VIC 3305

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Suburb and Property Insights of Portland, VIC 3305

Portland offers a relaxed coastal lifestyle with stunning ocean views, vibrant local cafés, and a friendly community. The area features beautiful cliff top walks, beaches, and convenient access to amenities. Its historic charm combined with natural beauty makes it an ideal location for families and investors alike. The town’s infrastructure supports a comfortable, laid-back lifestyle with future growth potential. Enjoy the tranquility of seaside living while being close to essential services and recreational activities.

Frequently Asked Questions

What are the current zoning and subdivision regulations for this property?

The property has potential for future subdivision subject to council approval (STCA). It is recommended to consult the local council for specific zoning and subdivision regulations.

Are there any known issues or defects with the property?

The property has been recently refreshed, with new paint and carpet, and appears well-maintained. A thorough inspection is advised to identify any hidden issues.

What are the ongoing costs associated with this property?

Ongoing costs may include council rates, water charges, and maintenance of the outdoor areas and shed. Specific costs can be obtained from the current owner or local council.

Is there any planning or development activity nearby that could affect the property?

It is recommended to check with the local council for any upcoming planning or development projects in the vicinity that may impact the property.

What are the flood or bushfire risks in this area?

Portland is generally considered low risk for flooding and bushfires, but it is advisable to review local hazard maps and consult with relevant authorities for detailed risk assessments.

What to ask about this property to agent?

Are there any restrictions or easements on the property that could affect future development or use? Has the property been tested for asbestos or other hazardous materials? Are there any planned infrastructure projects or zoning changes in the area that could impact property value? What are the details regarding the existing water tank and its capacity? Is the property connected to all essential services, including sewer, water, and electricity? Are there any existing or past issues with pests or termites? What are the strata or body corporate considerations if applicable? Are there any upcoming maintenance or repair costs for the shed or other structures? Has the property been affected by any recent flooding or environmental issues? Are there any restrictions on future subdivision or development beyond STCA?

79 Otway Street, Portland, Vic 3305 - More Details

$470,000

Positioned on a substantial 1,798m² allotment, this classic 1950s weatherboard home presents an exceptional opportunity to secure a property offering immediate comfort, generous outdoor space and exciting future potential, all within a 1km walk of Portland's ocean cliff tops, beaches, cafés and CBD.

Recently refreshed inside and out, the home has been freshly painted throughout, with new carpet laid in each of the three bedrooms. Two bedrooms are generously proportioned, with the main featuring built-in robes, while the third offers flexibility as a nursery, home office or guest room.
Polished timber flooring extends from the entrance into the comfortable living area, creating warmth and character, while the adjoining kitchen and dining space is finished with practical slate flooring and provides a functional layout for everyday living. The bathroom is well equipped and is easily accessible to all rooms.

Outside, the expansive yard offers an impressive sense of space. A standout feature is the 11m x 6m shed, complete with concrete floor, power and roller doors on either side, allowing drive through access to the rear of the property. A wood-fired pizza oven adds value and a central gathering space for entertaining while a single carport completes the outdoor offering.
Whether you're searching for a comfortable home to enjoy immediately, an investment with scope to enhance, or a sizeable parcel with future subdivision potential (STCA), this property presents a rare opportunity in one of Portland's most convenient locations.
Combining the space and tranquility of a larger allotment with the convenience of coastal town living, this is a property ready to be enjoyed today while offering exciting possibilities for the future.

Contact Assets Real Estate today to book your inspection.

Type: House
Bedrooms: 3
Bathrooms: 1
Parkings: 4
Area: 1,798 m²

Price guide

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