3742 Point Nepean Road, Portsea, VIC 3944 | Property Value & History | OnTheHouse
OFF MARKET

3742 Point Nepean Road
Portsea VIC 3944

Bedrooms: 8
Bathrooms: 4
Car spaces: -
Land area: 1397m2
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Property Details for 3742 Point Nepean Rd, Portsea

3742 Point Nepean Rd, Portsea is a 8 bedroom, 4 bathroom House. The property has a land size of 1397m2. While the property is not currently for sale or for rent, it was last sold in March 2021.

Building Type
House
Land Size
1397m2
Local Government
Mornington Peninsula
Lot/Plan
1/TP383849

Last Listing description (April 2021)

Perched on the far edge of its northern waterfront boundary, Loloma provides some of the most dynamic water views in Portsea overlooking the pier, Fishermans Beach, Weeroona Bay and across the water to the Melbourne skyline.

Held in the same family since 1998, this most admired Cape Cod style is perfect just the way it is, with options for renovation or even grand redevelopment (STCA). Set along the tightly held stretch of homes between the Portsea Hotel & Franklin Road, the privileged clifftop position pairs touch-the-water views with easy direct access to the front beach below.


Beautifully positioned within its 1,400 sqm (approx.) landholding, the established gardens and Leighton Green hedging provide total privacy with ample room for a swimming pool along with off street parking. An extensive lawn provides scope for further improvements due to the priceless positioning of this beach house only steps from its back fence.

Generous accommodation is offered over two levels with multiple living areas and up to seven bedrooms. A further two bedrooms & living area in the original self-contained mud brick cottage adds to the charm of Portseas yesteryear, along with an original 100 year old water tower.

Proudly marketed Internationally by Peninsula | Sothebys International Realty.

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Property History for 3742 Point Nepean Rd, Portsea, VIC 3944

A timeline of how this property has performed in the market
Last Sold
$10,500,000
29 Mar 2021
  • 29 Mar 2021
    Sold for $10,500,000
  • 22 Mar 2021
    Listed for Sale UNDER OFFER
  • 27 Jan 1998
    Sold for $1,500,000
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About Portsea 3944

The size of Portsea is approximately 11.2 square kilometres. There are 13 parks, covering nearly 62.6% of the total area. The population of Portsea in 2016 was 510 people. By 2021 the population was 787 showing a population growth of 54.3% in the area during that time. The predominant age group in Portsea is 70-79 years. Households in Portsea are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Portsea work in a managers occupation.In 2021, 90.90% of the homes in Portsea were owner-occupied compared with 92.40% in 2016.

Portsea has 1,730 properties. Over the last 5 years, Houses in Portsea have seen a -17.83% decrease in median value, while Units have seen a 2.31% increase. As at 31 August 2026:

  • The median value for Houses in Portsea is $2,468,352 while the median value for Units is $1,094,168.
  • Houses have a median rent of $1,200.
There are currently 1 property listed for sale, and no properties listed for rent in Portsea on OnTheHouse. According to Cotality's data, 39 properties were sold in the past 12 months in Portsea.

Suburb Insights for Portsea 3944

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Cotality Copyright and Legal Disclaimers about Property Data
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.