FOR SALE
Quoting $1,850,000-2,000,000 + GST

16 Newcombe Street
Portarlington VIC 3223

Bedrooms: 3
Bathrooms: 1
Car spaces: 6
Land area: 815m2
Improve this data
Inspection Times
No upcoming inspections scheduled.
Contact agent to arrange an inspection.
Share
Save

'Commercial 1' Zoned Development Opportunity on 815sqm

The Feel:
Located in a prominent bayside position and featuring sweeping, north-facing views of Corio Bay and the You Yangs, this classic brick residence presents an unrivalled combination of position, size, and huge possibility for the future. Set on an 815sqm (approx.) corner allotment, less than 200m to the buzz of Portarlington’s village centre, this premium site is backed by favourable Commercial 1 Zoning, providing allowance for a 3-storey development. Buyers can choose to continue its use as a medical facility, rebuild a luxury seaside home, or explore the rare potential for combined residential and commercial options (STCA).
The Facts:
-Elevated 815sqm (approx.) site offering sweeping views of the bay and You Yangs
-Premium position on Portarlington’s main street, 200m to the Village centre
-Original brick residence with character features, ripe for a luxe overhaul or complete redevelopment (STCA)
-Favourable mixed zoning suitable for residential & commercial use
-Well equipped to continue its current use as medical rooms or a blank canvas ready for developers to get creative
-Exciting scope for luxe apartments atop a lower-level commercial space (STCA)
-Alternatively create your own seaside sanctuary befitting this exclusive position (STCA)
See MoreView Statement of Information

Property Details for 16 Newcombe St, Portarlington

16 Newcombe St, Portarlington is a 3 bedroom, 1 bathroom House with 6 parking spaces. The property has a land size of 815m2. The place is currently for sale with Bellarine Property - Barwon Heads.

Building Type
House
Land Size
815m2

Commute Calculator

About Portarlington 3223

The size of Portarlington is approximately 24.8 square kilometres. It has 15 parks covering nearly 8.9% of total area. The population of Portarlington in 2011 was 3,581 people. By 2016 the population was 3,618 showing a population growth of 1.0% in the area during that time. The predominant age group in Portarlington is 60-69 years. Households in Portarlington are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Portarlington work in a professional occupation. In 2011, 72.8% of the homes in Portarlington were owner-occupied compared with 69.6% in 2016.

Portarlington has 4,181 properties. Over the last 5 years, Houses in Portarlington have seen a 27.70% increase in median value, while Units have seen a 38.76% increase. As at 30 November 2024:

  • The median value for Houses in Portarlington is $843,336 while the median value for Units is $730,366.
  • Houses have a median rent of $480 while Units have a median rent of $405.
There are currently 38 properties listed for sale, and 3 properties listed for rent in Portarlington on OnTheHouse. According to CoreLogic's data, 98 properties were sold in the past 12 months in Portarlington.

Portarlington Profile Page

Suburb Insights for Portarlington 3223

Visit Portarlington profile page
Market Insights
Portarlington Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Portarlington Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Visit Portarlington profile page
Contact agent
Lee Martin
Show contact details
Call agent
Andrew Kibbis
Show contact details
Call agent
Bellarine Property - Barwon Heads
Preferred contact:
Privacy Policy
CoreLogic Copyright and Legal Disclaimers about Property Data

© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.

Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.

This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.

X

GETTING STARTED