114 Raglan Street, Port Melbourne VIC 3207
114 Raglan Street, Port Melbourne VIC 3207
114 Raglan Street is a wider-than-usual 1890s solid brick Victorian terrace with 2 bedrooms, an open study, 1 bathroom, and secure rear off-street parking with EV charging on a 131m² lot.
This property stands out for its unusual width and extended layout, which is rare among single-fronted Victorians in Port Melbourne. The combination of original 1890s character with modern updates and EV charging creates a compelling proposition for buyers seeking inner-city lifestyle with coastal proximity. The secure rear parking is a significant advantage in this area, where off-street spaces are often limited. This house serves best those who value character and modern convenience equally, particularly professionals or couples wanting a low-maintenance home with genuine period charm in a heritage-rich streetscape.
The 1890s construction may require ongoing maintenance that a newer property would not, and the 131m² lot limits outdoor space. The single bathroom might be a constraint for some buyers, though this is typical for the era. The property’s price positioning should be weighed against its smaller footprint compared to larger renovated homes in the suburb. The EV charging and secure parking add genuine utility but may not fully offset the size constraint for families. Buyers should consider how the study functions as a third space, and whether the wider layout compensates for the modest land area.
Detailed Independent Property Report prepared by PropCred Analyst team for 114 Raglan Street, Port Melbourne VIC 3207
Checks found:
Value Risk
1
Liquidity Risk
Planning Risk
2
Income Risk
Execution Risk
1
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Market Insight
Port Melbourne presents a dynamic, evolving market with a clear divergence between its established housing sector and its unit segment. Demand is robust, evidenced by strong auction activity and consistent sales, though the pace varies. While houses demonstrate relative stability, the unit market faces clear headwinds with softening prices, indicating supply or demand pressures. Future growth is underpinned by significant local infrastructure investment, including the major Station Pier redevelopment, which will enhance amenity and likely sustain long-term appeal.
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PropCred Estimated Value
Bedrooms
2
Bathroom
1
Parking
1
Land
131m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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