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Back 79 Otway Street
Off Market

79 Otway Street

Portland VIC 3305

3
1
4
1798 m²
House
Last sold for $470,000
Jason SaundersJason Saunders, last sold this property on 27 August 2026 after 31 days on market.

Overview

Timeless Character and Generous Block

Positioned on a substantial 1,798m² allotment, this classic 1950s weatherboard home presents an exceptional opportunity to secure a property offering immediate comfort, generous outdoor space and exciting future potential, all within a 1km walk of Portland's ocean cliff tops, beaches, cafés and CBD. Recently refreshed inside and out, the home has been freshly painted throughout, with new carpet laid in each of the three bedrooms. Two bedrooms are generously proportioned, with the main featuring built-in robes, while the third offers flexibility as a nursery, home office or guest room. Polished timber flooring extends from the entrance into the comfortable living area, creating warmth and character, while the adjoining kitchen and dining space is finished with practical slate flooring and provides a functional layout for everyday living. The bathroom is well equipped and is easily accessible to all rooms. Outside, the expansive yard offers an impressive sense of space. A standout feature is the 11m x 6m shed, complete with concrete floor, power and roller doors on either side, allowing drive through access to the rear of the property. A wood-fired pizza oven adds value and a central gathering space for entertaining while a single carport completes the outdoor offering. Whether you're searching for a comfortable home to enjoy immediately, an investment with scope to enhance, or a sizeable parcel with future subdivision potential (STCA), this property presents a rare opportunity in one of Portland's most convenient locations. Combining the space and tranquility of a larger allotment with the convenience of coastal town living, this is a property ready to be enjoyed today while offering exciting possibilities for the future. Contact Assets Real Estate today to book your inspection.

Features

3 bedrooms
1 bathroom
4 carspaces
4 open car spaces
1798 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Portland over the last 12 months, the estimated median property value of 79 Otway Street is $460k.

Median value
$460k
Estimated value range
$255k - $960k
Median days on market
52
Estimated value trend
16%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Portland. 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 79 Otway Street

2026
Sold
$470,000
27 Aug 2026 by Jason Saunders, of Assets Real Estate Portland & Heywood

Happy sellers in Portland

81%
81% of sellers in Portland reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 90 reviews in Portland over the last 12 months.

Local market activity for 3 bedroom houses in Portland

In the last 12 months, 121 three-bedroom houses similar to 79 Otway Street, have been sold.

This represents a 14% increase in three-bedroom houses sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Portland

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Nash Wollard

Sellers who recommend Nash Wollard have praised them for being local expert, clear communication, responsive, friendly, well-prepared and dedicated

  •   5   (91 reviews)
  •  32 Reviews in Portland
  •  21 Sales in Portland
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Stuart Wakely

Stuart Wakely is a recommended agent for Portland.  They have 39 local sales and collected 31 local reviews across the last 12 months.

  •   5   (273 reviews)
  •  31 Reviews in Portland
  •  39 Sales in Portland
View profile
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Angie Steel

Angie Steel is a recommended agent for Portland.  They have 36 local sales and collected 27 local reviews across the last 12 months.

  •   5   (182 reviews)
  •  27 Reviews in Portland
  •  36 Sales in Portland
View profile
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Jason Saunders

Jason Saunders is a recommended agent for Portland.  They have 33 local sales and collected 19 local reviews across the last 12 months.

  •   5   (274 reviews)
  •  19 Reviews in Portland
  •  33 Sales in Portland
View profile
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