3 Otway Ct, Portland is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1930. The property has a land size of 1933m2 and floor size of 142m2. While the property is not currently for sale or for rent, it was last sold in December 2013.
Central Investment or Renovation Opportunity
This period home is set on a large 1773m2 block and is set within walking distance of the cbd and across the road from the hospital and cliff top parklands. This home consists of three bedrooms, with combined dining/living room, separate kitchen in original condition, bathroom, and single garage in a large yard. A partially enclosed front verandah gives a sheltered niche for alfresco dining with some ocean views. Options of renovating the current home or building townhouses on the additional land (STCA).
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 6,690 properties. Over the last 5 years, Houses in Portland have seen a 44.79% increase in median value, while Units have seen a 25.06% increase. As at 30 June 2026:
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