81 Browning StreetPortland VIC 3305
Property Details for 81 Browning St, Portland
81 Browning St, Portland is a 8 bedroom, 4 bathroom Unit with 1 parking spaces. The property has a land size of 1589m2.This Property is currently listed for sale with Assets Real Estate Portland
Last Listing description (June 2026)
Positioned in sought-after North Portland, 81 Browning Street presents a rare and versatile investment opportunity set on an expansive approx. 1,589m allotment. Comprising five titles in total, the property includes four well-maintained two-bedroom units plus a vacant front lot, offering immediate income with exciting future development potential (S.T.C.A.). Each unit is thoughtfully designed with two bedrooms featuring built-in robes, a combined dining and living area, functional kitchen, private courtyard and individual carport, providing comfortable, low-maintenance living for tenants. With leases currently in place, the property delivers a solid return of approximately 6.2%, making it an attractive addition to any investment portfolio. The substantial land holding and separate titles open the door for further development, with the vacant front allotment providing scope to construct an additional unit (S.T.C.A.), enhancing both rental yield and long-term capital growth. This multi-dwelling property is a standout opportunity for investors seeking strong returns, future development potential and a blue-chip coastal location. Contact Assets Real Estate today to book your inspection.
Property History for 81 Browning St, Portland, VIC 3305
- 20 Mar 2026Sold for $1,037,500
- 03 Mar 2026Listed for Sale $1,000,000
- 08 Dec 2015Listed for Rent $175 / week
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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 6,690 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:
- The median value for Houses in Portland is $500,120 while the median value for Units is $291,612.
- Houses have a median rent of $475 while Units have a median rent of $400.
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