14.79 hectares (35.54 acres) of scenic landscape with sweeping coastal views provides a serene backdrop for everyday living. This property, in a brilliant location, is zoned rural living which offers endless possibilities for transformation, whether it be for a private retreat or hobby farm, and also opens the door to the idea of future subdivision development, subject to any necessary planning approvals. Included is a sturdy, 2-bedroom spacious brick home with built-in robes providing ample storage. With some changes to the layout, the house has the scope to be turned into a 3-bedroom home. It also boasts a unique wrap-around foyer at the rear of the house creating a seamless flow between indoor and outdoor spaces and a generous size backyard gives an idyllic location for kids or animals to run supervised with plenty of room. Situated half-way between Portland and Narrawong, the best of everything this area can offer is in close proximity, whichever way you go. Only 7km up the road to Narrawong and 9.4km to Portland CBD. Dreams could easily become reality with this property.
The size of Allestree is approximately 10.0 square kilometres. There is 1 park, covering nearly 0.9% of the total area. The population of Allestree in 2016 was 128 people. By 2021 the population was 168 showing a population growth of 31.2% in the area during that time. The predominant age group in Allestree is 60-69 years. Households in Allestree are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Allestree work in a trades occupation.In 2021, 79.00% of the homes in Allestree were owner-occupied compared with 73.40% in 2016.
Allestree has 144 properties. Over the last 5 years, Houses in Allestree have seen a 47.73% increase in median value. As at 30 June 2026:
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