39 Wolgan Street, Portland NSW 2847

Large block near town centre and school | Recently renovated bathroom | No overlays detected | Price picture unresolved The buying case centres on a 1,007 m² residential block in central Portland, with a 115 m² three-bedroom house that has a newly renovated bathroom and built-in wardrobes in two bedrooms. Proximity to Portland Central School and the CBD supports family buyer interest, while the absence of bushfire, flood or heritage overlays reduces site-related constraints. The land-to-building ratio of 11% coverage leaves room for outdoor use or future changes, though feasibility of any addition requires separate confirmation. The main risk is the gap between the asking guide and estimated value, which remains unresolved from visible data and reduces confidence without recent comparable sales. Rental income around $445 per week is plausible but needs verification against local demand. One practical opportunity is the FTTP connection, though its relevance depends on buyer preference. The unresolved question is whether the price aligns with current market evidence, which must be established before proceeding.