2a/2b Wallerawang Rd, Portland is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 531m2.
Located in a convenient position on Wallerawang Road, this property comprises two self-contained units on a single land title, an ideal opportunity for investors or those seeking flexible dual-living options. With ongoing residential growth and renewed local investment, the township is steadily evolving into a lively community that blends its classic charm with a more modern lifestyle.
Unit 2A and Unit 2B are both currently returning $300 per week, equalling a combined rental return of $600 per week, offering a strong and appealing income stream.
Each unit is fully self-contained and separately occupied, ensuring privacy and independent living. They share a practical common yard and clothesline, while both enjoy their own designated carport space for secure off-street parking.
With strong rental demand in the area and the advantage of two dwellings on one title, this property offers a versatile, low-maintenance addition to any portfolio.
- Two fully self-contained units on one land title
- Strong rental potential, with Unit 2A leased at $300/week and Unit 2B also returning $300/week
- Set on a generous 531sqm block
- Each unit has its own designated carport for secure off-street parking
- Shared but practical common yard and clothesline
- Low-maintenance investment with solid rental demand
- Walking distance to the main street, shops, cafs, and everyday amenities
- Close to local schools, making it appealing to long-term tenants
- Convenient location with easy access to public transport
- Ideal for investors seeking dual-income opportunities or flexible living arrangements
The size of Portland is approximately 98.2 square kilometres. There are 3 parks, covering nearly 15.9% of the total area. The population of Portland in 2016 was 2424 people. By 2021 the population was 2447 showing a population growth of 1.0% in the area during that time. The predominant age group in Portland is 60-69 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 2021, 81.90% of the homes in Portland were owner-occupied compared with 81.50% in 2016.
Portland has 1,491 properties. Over the last 5 years, Houses in Portland have seen a 58.37% increase in median value, while Units have seen a 761.42% increase. As at 31 August 2026:
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