54 Must Street, Portland, VIC 3305 sold on 10 July 2026 | OnTheHouse
 
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Sold on 10 Jul 2026 for $450,000

54 Must Street
Portland VIC 3305

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 108m2
Land area: 715m2
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Property Details for 54 Must St, Portland

54 Must St, Portland is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1960. The property has a land size of 715m2 and floor size of 108m2. While the property is not currently for sale or for rent, it was last sold in July 2026. There are other 3 bedroom House sold in Portland in the last 12 months.

Building Type
House
Year Built
1960
Floor Size
108m2
Land Size
715m2
Local Government
Glenelg
Lot/Plan
1/TP332305

Last Listing description (August 2026)

Positioned on the sought-after eastern end of Must Street, this charming late-1950s residence offers the perfect blend of original character and modern practicality. Whether you're a first-home buyer looking to break into the market or an investor seeking a reliable return, this property delivers incredible value in a prime location.

The Home
Step inside to find a spacious, light-filled living area and a practical layout designed for easy living. The home features three comfortable bedrooms, a central bathroom, and the added convenience of two toilets. With ample storage throughout and gas appliances already in place, its a move-in-ready gem with plenty of room to add your own personal touch.

The Allotment
Set on a generous 717m corner allotment, a rare find that provides extra flexibility for those with a boat, caravan, or trailer. The secure garage offers peace of mind and additional storage space.

The Lifestyle
Location is everything here. You are just 200m from the Portland Memorial Bowling Club and a short, easy stroll into the heart of Portlands CBD for cafes, shopping, and the waterfront.

Investment Ready
Currently leased at $460 per week, this is a "set and forget" opportunity for your portfolio or a rock-solid start for your real estate journey.

Key Features:
Prime Corner Block: 717m with dual access.
Classic 1950s Build: Blending original character with a functional layout.
Spacious Living: 3 bedrooms, 1 bathroom, 2 toilets, and a secure garage.
Walk Everywhere: Moments from the Bowling Club and CBD.
For more details or to organise your inspection contact exclusive agent Allan Barrett on 0438660057 or the team at Seaview Real Estate on 0355233822

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Property History for 54 Must St, Portland, VIC 3305

A timeline of how this property has performed in the market
Last Sold
$450,000
10 Jul 2026
Listed for Rent
$300/w
16 Oct 2009
  • 10 Jul 2026
    Sold for $450,000
  • 01 Jul 2026
    Listed for Rent $480 / week
  • 02 Mar 2026
    Listed for Sale $460,000 Offers Invited
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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 109 properties listed for sale, and 1 property listed for rent in Portland on OnTheHouse. According to Cotality's data, 341 properties were sold in the past 12 months in Portland.

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Cotality Copyright and Legal Disclaimers about Property Data

© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

Disclaimer
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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.

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