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.
VIC › Portarlington › The Esplanade
3
Bedrooms
1
Bathrooms
2
Car spaces
1,595 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
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
Last sold
No recorded sale price for this property yet.
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.
Planning
Planning data is being calculated
Data unavailable
Source
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 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 exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
VICPlanning 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.
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
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.
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.
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
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.”
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
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
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownVictoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Honest achievable rent
KnownlowThis 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
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
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.
Listing material
Listed by RT Edgar BellarineBuilt in c.1886, ‘Oakrest’ has been
described for over a century as one of Portarlington’s most admired homes and
given its grand Victorian presence on an extraordinary 1,595 sqm (approx.)
beachfront allotment, it’s easy to see why. Esplanade frontage and
uninterrupted north-facing views over the glistening waters of Port Phillip Bay
make this property an unrepeatable opportunity to restore a Portarlington
landmark to its former glory.
The home’s historic elegance is immediately
evidenced by lofty 10ft ceilings, ornate cornices, ceiling roses, and tall sash
windows that define the stately front rooms. The formal lounge, with its bay
window and open fireplace, frames breathtaking water views. Three bedrooms
retain their Victorian heritage, while the more recently updated kitchen and
meals area at the rear provides a practical foundation for further enhancement.
A second, less formal, lounge features a modern gas log fireplace with a timber
mantle. The single bathroom has also seen relatively recent updates too.
The vast rear garden offers ample scope for
expansion, grand landscaping, or an inspired outdoor entertaining space, and
features a remote operated double lock-up garage with additional carport, ideal
for boat/caravan storage. A covered timber deck provides a sheltered alfresco
area off the kitchen, overlooking the large expanse of lawn.
For restoration enthusiasts, or savvy developers ‘Oakrest’
presents an unrivalled canvas, an impressive opportunity to breathe new life
into a stately Victorian-era home steeped in history or to subdivide and invest in a multi property development or land holding (STCA). With its stately façade,
absolute beachfront setting in a prized Esplanade position and expansive
allotment brimming with potential, this home and land holding deserves to be reimagined for generations to come.
To secure this rare and remarkable offering
on the Bellarine Peninsula, enquire today.
Listing description written by Felix Hakins, RT Edgar Bellarine — reproduced as published, not verified by Districts.
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