23 Otway St, Portland is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1950. The property has a land size of 787m2 and floor size of 168m2. While the property is not currently for sale or for rent, it was last sold in June 2026. There are other 3 bedroom House sold in Portland in the last 12 months.
Nestled in the heart of Portlands CBD on a generous 788m block, this delightful weatherboard home presents a fantastic opportunity for first home buyers, families, or savvy investors.
The home offers three spacious bedrooms, plus a flexible fourth room perfect as a study, mudroom, or extra bedroom. There are two living areas and two bathrooms providing space and convenience for the occupants of the home. Of further convenience is gas heating and Hybrid flooring throughout the living spaces, while carpet adds warmth and comfort to the bedrooms. A woodfire in the main dining space offers an alternate heat source.
The exterior of this property features a large shed with concrete flooring and wide and high entrance. An outdoor undercover alfresco area for year-round entertaining enhances the livability of the home, as does low maintenance gardens.
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:
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