131 Otway Street, Portland, VIC 3305 | Property Value & History | OnTheHouse
OFF MARKET

131 Otway Street
Portland VIC 3305

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 129m2
Land area: 666m2
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Last updated 24 Aug 2026
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Property Details for 131 Otway St, Portland

131 Otway St, Portland is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 666m2 and floor size of 129m2. While the property is not currently for sale or for rent, it was last sold in January 2025.

Building Type
House
Floor Size
129m2
Land Size
666m2
Local Government
Glenelg
Lot/Plan
2/LP72522

Last Listing description (July 2025)

Elegant and character filled 3 bedroom home at 131 Otway Street which masterfully combines the charm of old world design with modern conveniences.
With its high ceilings, intricate cornices, original polished floorboards and a beautifully paneled hallway, the home radiates warmth and character.
Whilst the home has been lovingly maintained, you will find areas that will just require your finishing touch.

The spacious & light-filled living area at the front of the home has ample room to accommodate the lounge suite, dining suite and even the grand piano.
The tastefully renovated kitchen preserves the homes traditional charm while incorporating modern appliances and generous storage and combines with another dining space that connects to a balcony which overlooks the backyard.
All three bedrooms offer ample space while the centrally located bathroom includes both a bathtub and shower combination and a separate toilet for convenience. With a reverse cycle and gas central heating comfort is assured all year round.
The low-maintenance backyard is great for children, pets or gardening enthusiasts and the outdoor deck area is ideal for morning coffees or summer barbecues. The garden has a true cottage style feel and even includes nectarine, apple, fijoya, peach fig and even an avocado tree.
A secure carport adds to the practicality by offering convenient off-street parking.
This property is close to schools, parks, shops, and a very short drive to town so whether you're a first-time buyer, renovator of the classics or investor looking for an Air BNB, this property offers excellent value and is sure to capture your heart.
Arrange a private inspection today and make this charming home yours!

Property History for 131 Otway St, Portland, VIC 3305

A timeline of how this property has performed in the market
Last Sold
$440,000
21 Jan 2025
Listed for Rent
$250/w
08 Sep 2012
  • 21 Jan 2025
    Sold for $440,000
  • 02 Oct 2024
    Listed for Sale Not Disclosed
  • 25 Mar 2022
    Transferred
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About Portland 3305

The size of Portland is approximately 33.5 square kilometres. There are 28 parks, covering nearly 6.2% of the total area. The population of Portland in 2016 was 9712 people. By 2021 the population was 10016 showing a population growth of 3.1% 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 professional occupation.In 2021, 70.00% of the homes in Portland were owner-occupied compared with 65.20% in 2016.

Portland has 6,682 properties. Over the last 5 years, Houses in Portland have seen a 45.78% increase in median value, while Units have seen a 24.89% increase. As at 31 July 2026:

  • The median value for Houses in Portland is $497,942 while the median value for Units is $294,174.
  • Houses have a median rent of $480 while Units have a median rent of $400.
There are currently 110 properties listed for sale, and 1 property listed for rent in Portland on OnTheHouse. According to Cotality's data, 336 properties were sold in the past 12 months in Portland.

Suburb Insights for Portland 3305

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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.