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VIC › Portarlington › Sherwood Cres

18 Sherwood Cres, Portarlington VIC 3223

For saleHouse for Sale

$990,000–$1,080,000

For sale

Asking range

5

Bedrooms

2

Bathrooms

4

Car spaces

709 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $990,000–$1,080,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $990,000–$1,080,000(Listing record · 19 Dec 2025)
  • FactLand 709 m²; no building size recorded.(Property record)
  • CalculationAsk is 21% above the Portarlington median recorded sale ($815,000, n=54, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Portarlington's advertised median rent ($472/wk), implied gross yield would be 2.48% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.

Price evidence

The ask against the evidence

Asking

$990,000–$1,080,000

Asking range · $1,396/m² of land

No recorded sale for this property.

Portarlington at a glance

5,815

People

$815,000

Median sale

$472/wk

Median rent

3.01%

Suburb gross yield

Median sale from 54 recorded sales (last 12 months) — a Districts calculation.

See the full Portarlington report →

Vs Portarlington

+21.5%

Median sale

Suburb $815,000

-0.53 pp

Gross yield

Suburb 3.01%

Suburb median $815,000 from 54 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Based on the low end of the asking range, not a contract price.

Purchase Price
$990,000
Stamp Duty (Victoria)
$54,450
Transfer/Registration Fee
$2,421
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$1,050,571

$60,571 on top of the price (6.1% extra)

  • Stamp Duty (Victoria)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: Victoria schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Based on the low end of the asking range, not a contract price.

Pre-filled with Portarlington's advertised median rent — not a rent for this listing.

Net yield
0.98%
Annual cashflow (pre-tax)
$-41,786
Interest cover (DSCR)
0.19
Annual rent
$24,544
Operating expenses
$14,850
Loan amount
$792,000
Annual interest
$51,480
Gross yield
2.48%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.

Site

Terrain

Terrain has not been calculated for this property yet.

Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.

Flood, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Listed$990,000–$1,080,000available19 Dec 2025

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

VIC

Why this lot, not just this suburb

Why could this property outperform?

Planning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $472/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

Current comparable rental listings within 400 m of this lot are not loaded. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 2.5%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. Net yield / holding costs are not estimated outside NSW without inventing land tax.

Verdict

What this means for this property

Districts view

Not enough official evidence yet to underwrite this as an investment.

Detail

The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”

Read more

Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.

The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.

Evidence

What is known for this property

Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.

1 of 10 questions answered so far

  • Development optionality of this lot

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

  • Honest achievable rent

    Knownlow

    This is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.

  • Rental supply pressure

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Portarlington in one glance

Portarlington at a glance

5,815

People

$815,000

Median sale

$472/wk

Median rent

3.01%

Suburb gross yield

Median sale from 54 recorded sales (last 12 months) — a Districts calculation.

See the full Portarlington report →

Keep researching

  • Why Portarlington? Read the area thesis →
  • What else is on the market in Portarlington →
  • Other records on Sherwood Cres →

Listing material

Listed by Neville Richards Real Estate St Leonards | Portarlington

A Statement Home Offering Space, Views and Lifestyle

This truly impressive residence is a home of grand proportions, offering five spacious bedrooms, four generously sized living zones and a dedicated study - an exceptional choice for families seeking space, flexibility and comfort with room for everyone to spread out.

Situated just over one kilometre from Portarlington's vibrant retail and café hub, and approximately one kilometre from the bay, its safe swimming beaches and picturesque foreshore walking trails, the home delivers the very best of convenient seaside living. Life in Portarlington is defined by its relaxed coastal charm, strong community spirit and enviable access to the Bellarine Peninsula's renowned wineries, restaurants and artisan producers, all while enjoying seamless connectivity to the city via the Portarlington–Melbourne ferry.

Set across two well-considered levels, the upper floor forms the heart of the home, where a vast open-plan kitchen, dining and living zone captures stunning views across Port Phillip Bay. Flowing timber floorboards contrast beautifully with a soft neutral colour palette, creating a modern coastal living space designed for effortless everyday living and entertaining. Sliding doors extend this zone to a wrap-around balcony, the perfect vantage point to watch the ever-changing activity on the bay.

Read the full description

The kitchen is thoughtfully designed with generous bench space and intelligent storage solutions, while reverse-cycle air-conditioning ensures year-round comfort. Completing the upper level is the private master retreat, featuring built-in robes, a stylish ensuite and calming bay vistas.

Downstairs, the home continues to impress with three distinct living areas, headlined by the spacious family room that opens through sliding doors to an expansive alfresco zone. This outdoor area is exceptionally well appointed, featuring an outdoor kitchen and seamless connection to the carport and an additional undercover, decked entertaining space - together creating a vast, weather-protected environment ideal for hosting family and friends.

A versatile rumpus room, currently configured as a billiard room, offers flexibility to suit formal entertaining, a media room or an inspiring artist's retreat, while the generously sized bar is perfectly designed to accommodate gatherings large or small. A dedicated study provides an ideal work-from-home space.

Four bedrooms are located on the lower level, three with built-in robes, all serviced by a central bathroom complete with a spa bath, ideal for relaxing at the end of the day.

Parking is abundant with a triple lock-up garage complemented by a single carport, while the ultra-low-maintenance yard is enhanced by neatly maintained garden beds that add a touch of greenery without compromising ease of upkeep.

Offering an outstanding combination of space, style, comfort and coastal convenience, this substantial family home presents a rare opportunity to secure a lifestyle-focused residence in one of the Bellarine Peninsula's most sought-after seaside communities.

Listing description written by Luke Campbell, Neville Richards Real Estate St Leonards | Portarlington — reproduced as published, not verified by Districts.

Property features

  • Balcony
  • Built-in Robes
  • Deck
  • Dishwasher
  • Ensuites: 1
  • Floorboards
  • Rumpus Room
  • Study

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Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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