16 Portland Place, Waterways, VIC 3195 sold on 10 May 2025 | OnTheHouse
SOLD
Sold on 10 May 2025 for $1,850,000

16 Portland Place
Waterways VIC 3195

Bedrooms: 5
Bathrooms: 5
Car spaces: 2
Floor area: 152m2
Land area: 639m2
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Property Details for 16 Portland Pl, Waterways

16 Portland Pl, Waterways is a 5 bedroom, 5 bathroom House with 2 parking spaces. The property has a land size of 639m2 and floor size of 152m2. While the property is not currently for sale or for rent, it was last sold in May 2025. There are other 5 bedroom House sold in Waterways in the last 12 months.

Building Type
House
Floor Size
152m2
Land Size
639m2
Local Government
Kingston
Lot/Plan
606/PS435322

Last Listing description (September 2025)

It's Addressed:

Backing directly onto Waterways Lake in one of the south-easts most prestigious and tightly held pockets, this exceptional double-storey residence offers nearly 50 squares of living space, an entertainers floorplan and breathtaking lakefront views.

The home is positioned on a generous 638sqm block in the heart of an exclusive estate, just minutes from the Mornington Peninsula Freeway, Braeside Park, Haileybury College and a range of elite golf clubs. Beachside Mordialloc College is the catchment school, while the cafes and dining strip along Aspendale Beach is less than ten minutes away.

Architecturally, the home reflects a modernist style with clean geometric lines and neutral rendered finishes. The standout feature is a balcony structure clad in multi-tone natural stone tiles, creating a visual contrast against the smooth charcoal and taupe surfaces. A wide paved driveway leads to a double lock-up garage with a flush panel door. Low-maintenance landscaping with synthetic turf, river pebbles and feature roses completes the impressive street appeal.

Step through a formal entry highlighted by a coffered ceiling and stacker stone wall, and youll find a grand and flexible layout ideal for large or multi-generational families. The ground floor features a master suite with his and hers walk-in robes, a private retreat and a luxurious ensuite with dual vanities and a spa bath. The formal lounge boasts a gas fireplace with open hearth, plush carpet and plantation shutters. Additional spaces include a separate study or potential sixth bedroom, a rumpus room and an open-plan living and dining zone that enjoys sweeping views across the lake.

At the heart of the home is a true entertainers kitchen featuring 40mm stone benchtops, a wraparound island with breakfast bar seating and mahogany timber shaker-style cabinetry with glass display cupboards. A 900mm freestanding Blanco oven with gas cooktop, glass gourmet rangehood and extensive storage complete the kitchens impressive fit-out.

The timber staircase rises beneath a glamorous pendant light to a spacious upper level with an IT nook and a dedicated games room, perfect for teenagers or guests. Upstairs bedrooms are all generously sized with ample storage, while the total of five bathrooms ensures convenience across both levels. Decorative cornices, high ceilings, under-stair storage, LED downlights and luxurious timber hardwood flooring enhance the homes style and functionality.

Glass bifold doors open to a tiled alfresco area that overlooks the water and is perfect for entertaining year-round. The outdoor zone includes water tanks, solar panels and a serene backdrop that few properties can match. There are five bedrooms in total, all boasting walk-in robe storage and decadent ensuites. The front-facing guest suite vaunts its own private balcony.

Contact us for a priority inspection today.

Property Highlights

Prime 638sqm lakefront block with stunning water views
Five bedrooms plus study or sixth, five bathrooms and four living zones
Master suite with spa ensuite, walk-in robes and retreat
Designer kitchen with Blanco appliances and butlers-style fit-out
Alfresco entertaining, double garage, solar panels and refrigerated ducted climate control

For more Real Estate in Waterways contact your Area Specialist.[Text Wrapping Break]

Note: Every care has been taken to verify the accuracy of the details in this advertisement, however, we cannot guarantee its correctness. Prospective purchasers are requested to take such action as is necessary, to satisfy themselves with any pertinent matters.

Property History for 16 Portland Pl, Waterways, VIC 3195

A timeline of how this property has performed in the market
Last Sold
$1,850,000
10 May 2025
  • 10 May 2025
    Sold for $1,850,000
  • 17 Apr 2025
    Listed for Sale Auction $1,700,000 - $1,850,000
  • 16 Mar 2008
    Sold for $490,000
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About Waterways 3195

The size of Waterways is approximately 1.7 square kilometres. It has 11 parks covering nearly 10.3% of total area. The population of Waterways in 2016 was 2461 people. By 2021 the population was 2422 showing a population decline of 1.6% in the area during that time. The predominant age group in Waterways is 40-49 years. Households in Waterways are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Waterways work in a professional occupation.In 2021, 88.30% of the homes in Waterways were owner-occupied compared with 89.80% in 2016.

Waterways has 795 properties. Over the last 5 years, Houses in Waterways have seen a 36.72% increase in median value, while Units have seen a 89.73% increase. As at 31 October 2025:

  • The median value for Houses in Waterways is $1,444,764 while the median value for Units is $1,415,232.
  • Houses have a median rent of $925 while Units have a median rent of $490.
There are currently 6 properties listed for sale, and no properties listed for rent in Waterways on OnTheHouse. According to Cotality's data, 34 properties were sold in the past 12 months in Waterways.

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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.