FOR SALE
$455,000

131 Otway Street
Portland VIC 3305

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Land area: 663m2
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Century Old Stunner With Character & Charm

Elegant and character filled 3 bedroom home at 131 Otway Street which masterfully combines the charm of old world design with modern conveniences.
With its high ceilings, intricate cornices, original polished floorboards and a beautifully paneled hallway, the home radiates warmth and character.
Whilst the home has been lovingly maintained, you will find areas that will just require your finishing touch.
The spacious & light-filled living area at the front of the home has ample room to accommodate the lounge suite, dining suite and even the grand piano.
The tastefully renovated kitchen preserves the home’s traditional charm while incorporating modern appliances and generous storage and combines with another dining space that connects to a balcony which overlooks the backyard.
All three bedrooms offer ample space while the centrally located bathroom includes both a bathtub and shower combination and a separate toilet for convenience. With a reverse cycle and gas central heating comfort is assured all year round.
The low-maintenance backyard is great for children, pets or gardening enthusiasts and the outdoor deck area is ideal for morning coffees or summer barbecues. The garden has a true cottage style feel and even includes nectarine, apple, fijoya, peach fig and even an avocado tree.
A secure carport adds to the practicality by offering convenient off-street parking.
This property is close to schools, parks, shops, and a very short drive to town so whether you're a first-time buyer, renovator of the classics or investor looking for an Air BNB, this property offers excellent value and is sure to capture your heart.
Arrange a private inspection today and make this charming home yours!
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Property Details for 131 Otway St, Portland

131 Otway St, Portland is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 663m2. The place is currently for sale with Hudson Property.

Building Type
House
Land Size
663m2

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About Portland 3305

The size of Portland is approximately 33.5 square kilometres. It has 28 parks covering nearly 6.2% of total area. The population of Portland in 2011 was 9,600 people. By 2016 the population was 9,717 showing a population growth of 1.2% in the area during that time. The predominant age group in Portland is 50-59 years. Households in Portland are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Portland work in a trades occupation. In 2011, 68% of the homes in Portland were owner-occupied compared with 65.2% in 2016.

Portland has 6,577 properties. Over the last 5 years, Houses in Portland have seen a 63.79% increase in median value, while Units have seen a 41.95% increase. As at 31 October 2024:

  • The median value for Houses in Portland is $384,561 while the median value for Units is $277,420.
  • Houses have a median rent of $450 while Units have a median rent of $375.
There are currently 156 properties listed for sale, and 1 property listed for rent in Portland on OnTheHouse. According to CoreLogic's data, 243 properties were sold in the past 12 months in Portland.

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Nikki Hudson
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