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57 Must Street, Portland VIC 3305

$765,000

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$765k - $803k Transparent Transparent Listing Based on an openly advertised listing price.

House 6 Beds 3 Baths 3 Cars 1104 m²

Listed: 18th Aug 2026

Updated: 13 hours ago

Overview

Set on a generous 1,104 square meter allotment, this extensively renovated multi-level house stands out for its exceptional versatility and spaciousness. It offers an appealing blend of open-plan living, flexible spaces, and impressive views that enhance everyday living comfort.

The ground floor features a welcoming open-plan living and dining area seamlessly integrated with a remodeled kitchen showcasing quality appliances, a timber breakfast bar, and a bay window that floods the space with natural light. This level easily supports family life with three well-sized bedrooms, a renovated main bathroom, a dedicated home office, and a functional laundry setup.

Ascending to the upper level reveals a separate living zone complete with a kitchenette and a full balcony boasting commanding, panoramic views across Portland Bay. This vantage point creates a tranquil retreat perfect for relaxation or entertaining. Additional rooms on this floor provide a generous bedroom, an additional bathroom, and a versatile space suitable as a fifth bedroom, teenager's retreat, studio, or guest suite, underscoring the strong potential for dual living or rental income.

Outside, the property is significantly enhanced by two substantial sheds: a 9 by 8-meter open bay shed accommodating oversized vehicles and toys, and an 8.4 by 6-meter powered workshop with a concrete floor. The carport, sealed driveway, and rear yard reduce maintenance demands, allowing time to focus on enjoyment and lifestyle.

Perfectly positioned within easy walking distance of primary and secondary schools, the CBD, cafes, and shopping precincts, the location also benefits from proximity to the Portland Memorial Bowls Club, adding recreational appeal. This property presents an excellent opportunity for families, investors, or those seeking flexible accommodation options combined with practical shedding in a sought-after Portland location.

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.