87 Learmonth StreetPortland VIC 3305
Property Details for 87 Learmonth St, Portland
87 Learmonth St, Portland is a 8 bedroom, 4 bathroom House with 8 parking spaces. The property has a land size of 2021m2. While the property is not currently for sale or for rent, it was last sold in September 2025. There are other 8 bedroom House sold in Portland in the last 12 months.
Last Listing description (December 2025)
If you're looking for the perfect investment opportunity that is centrally located and oozes charm, look no further than 87 Learmonth Street, Portland. This large 2021m2 allotment consists of four units all with double garages all on the one title and has the room to improve or add additional buildings in the large rear area making this property an investors dream. Potential to build more units, house, shedding or subdivide off and sell this property has a lot of potential.
Each of these four units consist of an open kitchen and living area, main bathroom with separate toilet and 2 cozy bedrooms offering built in robes, ample natural light and privacy. Underneath these units are double car garages which provide the safety and convenience of secure parking as well as ample storage space.
These units are all currently in long term leasing arrangements with a great rental return and also potential to increase rental amounts if desired, this is an opportunity not to be missed.
Property History for 87 Learmonth St, Portland, VIC 3305
- 15 Sep 2025Sold for $925,000
- 15 Jul 2025Listed for Sale Not Disclosed
- 23 Jan 2025Listed for Sale Not Disclosed
Recent sales nearby
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0About Portland 3305
The size of Portland is approximately 33.5 square kilometres. It has 28 parks covering nearly 6.2% of 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 6,685 properties. Over the last 5 years, Houses in Portland have seen a 46.32% increase in median value, while Units have seen a 30.85% increase. As at 30 November 2025:
- The median value for Houses in Portland is $425,675 while the median value for Units is $274,526.
- Houses have a median rent of $450 while Units have a median rent of $390.
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