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VIC › Portarlington › Tower Rd

28 Tower Rd, Portarlington VIC 3223

House

$1,040,000

Last sold

3 Feb 2026

4

Bedrooms

2

Bathrooms

2

Car spaces

650 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 $1,040,000 (3 Feb 2026).(Recorded sale)
  • FactLand 650 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Portarlington (last 5 years) with land size: median $1,259/m² of land (n=87). 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

$1,040,000

3 Feb 2026 · derived via latest_sale

Local land rate: recorded House sales in Portarlington (last 5 years) with land size have a median of $1,259/m² of land (n=87). 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 55 recorded sales (last 12 months) — a Districts calculation.

See the full Portarlington report →

Vs Portarlington

+27.6%

Median sale

Suburb $815,000

-0.65 pp

Gross yield

Suburb 3.01%

Suburb median $815,000 from 55 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$1,040,0003 Feb 2026
  2. Listedprice unknowncompleted19 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

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 55 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 Tower Rd →

Listing material

Listed by Neville Richards Real Estate St Leonards | Portarlington

Where Parkland Meets Panoramic Bay Views

Showcasing breathtaking panoramic views across Port Phillip Bay to the You Yangs, this beautifully appointed residence delivers an exceptional coastal lifestyle in one of Portarlington's most tightly held and picturesque settings. Positioned beside tranquil parkland, the home enjoys the rare advantage of neighbours on only two sides, creating a sense of space, privacy and connection to nature that is increasingly hard to find.

Portarlington is celebrated for its relaxed seaside atmosphere and strong sense of community. Enjoy easy access to the township's vibrant café and dining scene, boutique shopping, pristine bay beaches and foreshore walking trails. The Portarlington–Docklands ferry provides a convenient link to Melbourne, while the surrounding Bellarine Peninsula offers world-class wineries, golf courses and coastal experiences - making this an ideal permanent residence, coastal escape or lifestyle investment.

Set over two thoughtfully designed levels, the home has been carefully planned to maximise both functionality and the spectacular outlook. Upstairs, the open-plan kitchen, dining and family zone captures the very best of the bay views, with organic finishes and soft neutral tones creating a calm, welcoming ambience perfectly suited to relaxed coastal living. Sliding doors extend the family room to a generous balcony - an ideal vantage point to soak in the ever-changing seascape, entertain guests or unwind as the sun sets across the water.

Read the full description

The kitchen is a standout, designed for both everyday living and entertaining, and features a large walk-in pantry, 900mm freestanding cooker, stone benchtops and intelligent storage solutions. Year-round comfort is assured with ducted heating, reverse-cycle air-conditioning and ceiling fans.

The upper level is completed by the master suite - a true sanctuary - offering a walk-in robe and a stylish ensuite with double vanity, ideally positioned to enjoy privacy and comfort away from the home's secondary accommodation.

Downstairs, a spacious carpeted living room provides flexibility for families, while a generous study offers the option to be easily utilised as a fourth bedroom or dedicated media room. This living space opens to a semi-protected outdoor entertaining area, creating the perfect setting for outdoor gatherings while remaining sheltered from the sun and coastal breezes.

Two additional bedrooms are also located on the lower level - one with a walk-in robe and the other with built-in robes - both serviced by a light-filled central bathroom. A double lock-up garage with internal access provides secure parking, while garden sheds offer valuable additional storage.

Outdoors, the gardens are largely a blank canvas, allowing future owners to personalise the space to suit their lifestyle, with the benefit of a few established plantings already in place.

Offering breathtaking views, thoughtful design and an enviable Portarlington lifestyle, this is a home that delivers space, flexibility and coastal elegance in equal measure.

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
  • Ducted Heating
  • Ensuites: 1
  • Study
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.