650 Cape Nelson Road, Portland West, VIC 3305 | Property Value & History | OnTheHouse
OFF MARKET

650 Cape Nelson Road
Portland West VIC 3305

Bedrooms: 7
Bathrooms: 4
Car spaces: 6
Floor area: 278m2
Land area: 106700m2
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Property Details for 650 Cape Nelson Rd, Portland West

Building Type
Land
Year Built
1970
Floor Size
278m2
Land Size
106700m2
Local Government
Glenelg
Lot/Plan
12~4/PP3650

Last Listing description (July 2026)

- Forced sale due to health - Negotiable vendor -

Offering a truly unique opportunity, Groves Real Estate is pleased to offer for sale 'Cape Nelson Accommodation & Gardens' on Victoria's southwest coast. The property features a two-storey bluestone home, plus a separate, self-contained bluestone cottage and provides the opportunity for immediate income generation.

Located on the outskirts of Portland, on Cape Nelson, and just a few km's from Nelson Bay, Cape Nelson Lighthouse, Murrells Beach, the property not only provides buyers with a fabulous opportunity for a tree change, but could also be lucrative from a commercial perspective, given its successful short-term and long-term rental history.

As you enter the main homestead, you are greeted by an inviting, open plan living, kitchen and dining area. With features including an electric oven and dishwasher, the kitchen combines modern conveniences with country charm.

Cathedral ceilings with timber accents make a bold statement in the sunken lounge, and a Coonara wood heater and split system ensure comfort control. A second living room, or games room, is nearby and has expanses of glass overlooking the delightful garden setting.
The home's ground level offers three bedrooms, as well as a spacious family bathroom with a bath, separate shower, vanity and toilet. There is also an additional separate toilet and shower, adjoining the Laundry, that doubles as an ensuite for bedroom three.

Upstairs is yet another living space with a bar living area and study, ideal for entertaining. The master bedroom with ensuite and air conditioning, as well as a fifth bedroom close by.
Additional features of the main homestead include a large undercover entertaining area, NBN satellite, solar hot water and 12 x 300watt solar panels to assist with the energy bill.

Cape Nelson Cottage:
The property's separate, two storey Bluestone Cottage, 'Cape Nelson Cottage' has proven itself as a successful short-term rental for visitors to the area, previously generating between $30,000 and 40,000 per annum, currently let long term at nearly $20,000 per annum. The cottage will be sold fully furnished, with a current tenant in place, or ready for immediate occupancy. The renovated holiday residence comprises of two bedrooms, a living area, kitchen and bathroom, with comfort control covered year through thanks to the addition of a wood fire and air conditioning. The cottage is a useful addition for those wanting to keep family members living independently, but conveniently close by.

External features:
One of the property's standout features is the established and much-loved garden surrounding the two residences, which is frequented by koalas and other native animals and bird life.

With 27 acres of land all up, there is further option for horse agistment, or to run up to 40 sheep, increasing the profitability of the property further.

Shedding includes a garage, woodshed and garden shed and water supply includes five rainwater tanks totalling 100,000 litres plus another two smaller booster tanks for back up collection and an underground bore with new pump.

An air-conditioned caravan adds yet another accommodation option and there is plenty of scope to create a tennis court or swimming pool close to the home.
Those wishing for a self-sufficient lifestyle will be most impressed by the established vegetable garden, fully fenced fruit orchard and chicken run. There are a further three fully fenced well sheltered paddocks along with two dams.

Whether you're searching for a treechange, or a lucrative property investment opportunity, 'Cape Nelson Accommodation & Gardens' is sure to impress. Contact Groves Real Estate to arrange your inspection today.

Main house - 260m2
Outdoor undercover area - 170m2
Garage 150m2
Cottage - 50m2

Property History for 650 Cape Nelson Rd, Portland West, VIC 3305

A timeline of how this property has performed in the market
Last Sold
$355,000
19 Apr 2013
  • 23 Apr 2026
    Listed for Sale $955,000
  • 03 Apr 2025
    Listed for Sale $975,000
  • 23 Dec 2024
    Listed for Rent $330 / week
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About Portland West 3305

The size of Portland West is approximately 74.2 square kilometres. There are 4 parks, covering nearly 25.0% of the total area. The population of Portland West in 2016 was 569 people. By 2021 the population was 619 showing a population growth of 8.8% in the area during that time. The predominant age group in Portland West is 50-59 years. Households in Portland West are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Portland West work in a trades occupation.In 2021, 90.30% of the homes in Portland West were owner-occupied compared with 86.00% in 2016.

Portland West has 324 properties. Over the last 5 years, Houses in Portland West have seen a 36.38% increase in median value, while Units have seen a 724.78% increase. As at 31 July 2026:

  • The median value for Houses in Portland West is $911,889 while the median value for Units is $429,479.
There are currently no properties listed for sale, and no properties listed for rent in Portland west on OnTheHouse. According to Cotality's data, 11 properties were sold in the past 12 months in Portland west.

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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

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.