Back 40/23-31 Mercer Street
Off Market

40/23-31 Mercer Street

Portarlington VIC 3223

2
1
1
Apartment
Last sold for $495,000
Luke CampbellLuke Campbell, last sold this property on 14 June 2026 after 248 days on market.

Overview

Coastal Living in Portarlington Lifestyle Village

Set within the welcoming Portarlington Lifestyle Village, this beautifully appointed unit offers an exceptional opportunity to enjoy secure, low-maintenance living in a friendly coastal community. Residents of the village enjoy access to superb shared facilities - the clubhouse boasts state-of-the-art fitness amenities, including a well-equipped gymnasium and a heated swimming pool. In addition, there is a library, billiard room and lounge which cater for village movie nights and social gatherings, while the village bus is regularly used for outings. The home itself showcases a modern open-plan design that blends comfort and practicality. The spacious living area forms the heart of the home - an inviting space for relaxation or entertaining friends. The well-equipped kitchen provides all the modern conveniences, along with abundant cupboards and generous bench space, making day-to-day living easy. The master suite includes a walk-in robe and direct access to the light-filled bathroom, while the second bedroom features built-in cupboards, ideal for guests or hobbies. Year-round comfort is maintained by reverse-cycle air-conditioning. Sliding doors open from the living area to a private alfresco deck - a peaceful spot to enjoy a morning cuppa or unwind after a stroll along the nearby foreshore. A ramp provides easy access to the landscaped rear garden, while a single lock-up garage with internal entry ensures convenient and secure parking. Located just moments from Portarlington's charming township, residents are perfectly positioned to enjoy the Bellarine's renowned lifestyle attractions. Sample fine wines at local vineyards, savour fresh produce from artisan growers, or take the ferry directly to Melbourne for an easy city escape. Whether you're looking to downsize, enjoy a holiday retreat, or embrace a relaxed coastal lifestyle in a supportive community, this property presents a wonderful opportunity to call Portarlington Lifestyle Village home.

Features

2 bedrooms
1 bathroom
1 carspace
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Portarlington over the last 12 months, the estimated median property value of 40/23-31 Mercer Street is $497.5k.

Median value
$497.5k
Estimated value range
$489.5k - $615k
Median days on market
102
Estimated value trend
-13%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Portarlington. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 40/23-31 Mercer Street

2026
Sold
$495,000
Private Sale/Treaty on 14 Jun 2026 by Luke Campbell, of Neville Richards Real Estate St Leonards

Happy sellers in Portarlington

73%
73% of sellers in Portarlington reported that their sale price either exceeded or met their price expectations.

Portarlington stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 14 reviews in Portarlington over the last 12 months.

Local market activity for 2 bedroom apartments in Portarlington

In the last 12 months, 3 two-bedroom apartments similar to 40/23-31 Mercer Street, have been sold.

This represents a 34% increase in two-bedroom apartments sales when compared to the previous 12 months.

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