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55 Waratah Crescent, Portland VIC 3305

$460,000

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$460k - $483k Transparent Transparent Listing Based on an openly advertised listing price.

House 3 Beds 1 Bath 2 Cars 558 m²

Listed: 11th Aug 2026

Updated: yesterday

Overview

This well-maintained single-level house on a 558 sqm block offers an attractive, low-maintenance lifestyle suited to investors or homeowners seeking comfort and practicality without sacrificing convenience. The property features a spacious main living area accented with polished floorboards, enhancing the sense of space and natural light. Climate comfort is ensured year-round with two air conditioning units thoughtfully positioned throughout the home.

The kitchen is a functional galley style, recently upgraded with a new electric oven, ample cupboard storage, and a handy wall-mounted breakfast bar that adjoins the dining area, promoting informal family meals or social gatherings. The home provides three generously sized bedrooms, all equipped with privacy and block-out blinds, catering well to restful private spaces.

The practical family bathroom is configured with a shower, a full-sized bath, and vanity, complemented by a separate toilet area, enhancing functionality for busy households. Adjacent to the kitchen, a large double carport offers excellent undercover parking and doubles as a sheltered entertaining space, enhanced by the convenience of a newly installed remote garage door for ease of access.

Outdoor features including full fencing, a shed, and new side fencing contribute to the property's secure and manageable grounds. Recent additions such as new security cameras add peace of mind. This property presents a reliable investment opportunity with a long-term tenant already established, supported by the property's excellent presentation and enduring appeal.

Location-wise, the home benefits from proximity to the local school precinct, milk bar, and takeaway stores, all within easy walking distance, providing everyday convenience. The combination of comfortable living spaces, appealing outdoor areas, and a trusted tenant make this property worthy of attention for investors and those aiming to secure a quality home with solid future potential.

Local Market Insights

In Portland, Quiet Listings observed 14 new houses entering the market over the last 30 days, unchanged from 14 in the prior period, with an average advertised asking price of $712,786. The property type mix of listed properties is predominantly Houses at 74%, followed by units (16%), and commercial properties (11%). The most active agency for houses in the Portland area is currently Assets Real Estate Portland, representing 57% of new listings, followed by Hudson Property Agents Portland with 21%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.