3/36 Peter StreetPortland VIC 3305
Property Details for 3/36 Peter St, Portland
3/36 Peter St, Portland is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1978. The property has a land size of 87m2. While the property is not currently for sale or for rent, it was last sold in December 2017.
Last Listing description (May 2026)
Investment opportunity in the highly sought-after coastal township of Portland, offering a versatile and low-maintenance addition to any portfolio. Set on a single title, this property comprises two well-positioned one-bedroom units, each complete with the convenience of undercover parking.
One unit is currently leased, providing an instant return, while the second has recently undergone a cosmetic refresh, featuring new paint, updated carpet, and a brand-new split system for year-round comfort. This presents an excellent opportunity to secure a new tenant at current market rates or further enhance returns.
With strong rental demand in the area and the flexibility of dual incomes, this property is ideally suited to investors seeking a solid, set-and-forget asset. Whether you're looking to expand your portfolio or secure your first investment, this is a smart opportunity to capitalise on Portland's growing appeal and consistent rental performance.
Property History for 3/36 Peter St, Portland, VIC 3305
- 12 May 2026Listed for Sale $410,000
- 08 Dec 2017Sold for $125,000
- 14 Feb 2015Listed for Rent $130 / week
Recent sales nearby
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0About 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 6,688 properties. Over the last 5 years, Houses in Portland have seen a 47.81% increase in median value, while Units have seen a 25.02% increase. As at 30 April 2026:
- The median value for Houses in Portland is $483,317 while the median value for Units is $268,432.
- Houses have a median rent of $460 while Units have a median rent of $400.
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