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VIC › Portarlington › Welfare St

25 Welfare St, Portarlington VIC 3223

House

$1,300,000

Last sold

25 Aug 2021

4

Bedrooms

2

Bathrooms

2

Car spaces

894 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $1,300,000 (25 Aug 2021).(Recorded sale)
  • FactLand 894 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Portarlington (last 5 years) with land size: median $1,263/m² of land (n=88). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

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

What this lot has actually traded at

Last sold

$1,300,000

25 Aug 2021 · derived via latest_sale

Local land rate: recorded House sales in Portarlington (last 5 years) with land size have a median of $1,263/m² of land (n=88). Districts calculation from recorded sales — not a valuation.

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

+59.5%

Median sale

Suburb $815,000

-1.12 pp

Gross yield

Suburb 3.01%

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

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. Sold$1,300,00025 Aug 2021
  2. Listedprice unknowncompleted15 Aug 2021

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

Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. 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 Welfare St →

Listing material

Listed by Stockdale & Leggo Portarlington

STUNNING CONTEMPORARY SEASIDE ABODE

A spectacular one of a kind, custom built contemporary abode cleverly designed with a harmonious merging of natural textures and finishes and a fantastic open floorplan flooded with natural light!

Enjoying a coastal design aesthetic, this beautiful family home features secure private gardens, a sparkling heated pool ideal for entertaining with a stunning outlook of native flora and fauna and beyond to Port Phillip Bay.

The stunning open plan design of the kitchen, dining and living space enjoys high cathedral ceilings, polished concrete floors and a luxurious fireplace with panoramic windows and sliding doors giving seamless views and access to the expansive deck with built in gas barbecue and pool area complete with decking and outdoor shower.

Read the full description

The designer kitchen enjoys a full butlers pantry, an abundance of storage and a superb freestanding Smeg oven whilst the central bathroom with uniquely designed tub is both luxurious and spacious.

The home features 4 generous bedrooms, including main bedroom with ensuite and walk in robe. Currently the fourth bedroom is converted to a stylish hair salon, allowing a fantastic work from home option, but can easily be reverted to a bedroom. The second living zone is a wonderful private space providing an option for extra sleeping accommodation as a guest room.

Outside enjoys fully landscaped gardens, poolside outdoor shower and a double garage with drive through access to the rear, ideal for storage of a boat or caravan. A walk through gate at the rear of the property allows easy access to the reserve with the beach and Portarlington sports precinct only a short walk away.

This immaculately presented home is inviting and warm and encompasses everything we wish our homes to be. So whether it's a luxury holiday home you've been searching for, or a permanent move to the beautiful Bellarine Peninsula, you will not want to miss this opportunity to secure your piece of paradise all set on approx 894m2.

**Watch the Video to see more of this stunning home.

Call Sonja 0455 506 010 to book your inspection today!

Due to current restrictions Private Inspections are only available to regional residents.

I.D will be checked.

Listing description written by Sonja Di Pietro, Stockdale & Leggo Portarlington — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Built-in Robes
  • Deck
  • Dishwasher
  • Ducted Heating
  • Fully Fenced
  • Living Areas: 2
  • In-Ground Pool
  • Remote Garage
  • Secure Parking

Also look at

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  • 116 Willis St, Portarlington VIC 3223

    3-bed house for sale. Asking $1.23M.

    For sale
Districts

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

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.