5 Webb Court, Portland VIC 3305
5 Webb Court, Portland VIC 3305
Large court house on 2,019 m² | four bedrooms, three bathrooms | bushfire overlay applies | tight rental demand | low-density family setting
A rare combination of scale and privacy is offered by this house on a 2,019 m² court lot. The four-bedroom, three-bathroom layout with two living areas provides genuine family capacity, while the large land component is uncommon for Portland’s suburban stock. A quiet, low-density character is reinforced by the court setting. For family buyers seeking a long-term home with room to spread out, this property is well matched; for investors, the tight rental market and large-format appeal justify close attention.
Insurance costs and lender appetite may be affected by the bushfire overlay, narrowing the buyer pool. Condition may be a deciding factor in price expectations, as internal presentation is not confirmed. Subdivision or ancillary-use opportunities may be supported by the land size, subject to council policy. Value is likely to be anchored by land and layout.
Detailed Independent Property Report prepared by PropCred Analyst team for 5 Webb Court, Portland VIC 3305
Checks found:
Value Risk
2
Liquidity Risk
Planning Risk
2
Income Risk
2
Execution Risk
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Market Insight
Portland VIC 3305 offers a balanced entry point for buyers, with house prices at $425,000 and units at $325,000. Demand is supported by affordable family housing and healthy gross yields of 5.85% for houses and 6.57% for units. Annual house growth is 2.41%, though the past 12 months show -1.18%; units grew 4.84%. Houses sit on market for 64 days, with 222 annual sales. Weekly rents are $450 for houses and $385 for units. Pending sales in Portland Metro are up 10.5% year-on-year, as sidelined buyers re-enter. However, inventory sits at 3.6 months and days on market rose to 91, while median sale price fell 3.5% year-to-date, signalling softer conditions.
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PropCred Estimated Value
Comparable Sales: 5 Regia Court sold at $665,000; 5 Hakea Court sold at $652,000 | Property Price Band: $700K–$800K | Value Drivers: 2,019 m² land size, four-bedroom family layout, court-location privacy
Bedrooms
4
Bathroom
2
Parking
2
Land
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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