31 The Esplanade, Portarlington, VIC 3223 sold on 22 April 2026 | OnTheHouse
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Sold on 22 Apr 2026 - Price Unavailable

31 The Esplanade
Portarlington VIC 3223

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 1595m2
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Property Details for 31 The Esplanade, Portarlington

31 The Esplanade, Portarlington is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 1595m2. While the property is not currently for sale or for rent, it was last sold in April 2026. There are other 3 bedroom House sold in Portarlington in the last 12 months.

Building Type
House
Land Size
1595m2

Last Listing description (April 2026)

Built 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.

Property History for 31 The Esplanade, Portarlington, VIC 3223

A timeline of how this property has performed in the market
Last Sold
22 Apr 2026
  • 22 Apr 2026
    Sold
  • 03 Mar 2025
    Listed for Sale $1,600,000 - $1,750,000
  • 01 Jun 1989
    Sold for $190,000
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About Portarlington 3223

The size of Portarlington is approximately 24.8 square kilometres. There are 15 parks, covering nearly 8.9% of the total area. The population of Portarlington in 2016 was 3619 people. By 2021 the population was 4436 showing a population growth of 22.6% in the area during that time. The predominant age group in Portarlington is 60-69 years. Households in Portarlington are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Portarlington work in a professional occupation.In 2021, 74.80% of the homes in Portarlington were owner-occupied compared with 69.60% in 2016.

Portarlington has 4,249 properties. Over the last 5 years, Houses in Portarlington have seen a 2.46% increase in median value, while Units have seen a -6.02% decrease. As at 30 June 2026:

  • The median value for Houses in Portarlington is $859,572 while the median value for Units is $605,715.
  • Houses have a median rent of $530 while Units have a median rent of $470.
There are currently 39 properties listed for sale, and 2 properties listed for rent in Portarlington on OnTheHouse. According to Cotality's data, 147 properties were sold in the past 12 months in Portarlington.

Suburb Insights for Portarlington 3223

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Holly Hakins
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Felix Hakins
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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.