Lot 1361 Portillo Drive, Winter Valley VIC
Winter Valley, Ballarat, VIC, 3358$ 710,449
Overview
Property ID: LA-19989
- Dual Occupancy
- Property Type
- 4
- Bedrooms
- 3+1
- Bathrooms
- 2
- Cars
- 208
Details
Updated on Dec 11, 2025 at 09:20 am
| Property Type: | Dual Occupancy |
|---|---|
| Price: | $ 710,449 |
| Land Price: | $ 309,750 |
| Build Price: | $ 400,699 |
| Gross Per Week: | $ TBA |
| Gross Per Annum: | $ TBA |
| Gross Yield: | TBA% |
| Capital Growth 12 Months: | -5.57% |
| Capital Growth 10 Year Annualised: | N/A |
| Vacancy Rate: | 15.77% |
| Property Size: | 208 m2 |
| Land Area: | 480 m2 |
|---|---|
| Bedrooms: | 4 |
| Bathrooms: | 3+1 |
| Parking: | 2 |
| Title Status: | Titled |
| Property ID: | 19989 |
| SKU: | 1023 |
Description
This modern dual occupancy property in Winter Valley delivers two thoughtfully designed dwellings on a single block. The front unit offers essential comfort features, quality appliances and functional finishes suited for everyday living. The rear unit enhances efficiency with upgraded climate systems and gas-boosted solar hot water, appealing to both tenants and investors. Together, they provide flexible living options ideal for multi-generational families or strong dual-income investment potential.
Suburb profile:
Winter Valley sits within the growing Ballarat region, offering residents a blend of peaceful suburban living and close access to everyday amenities. The area is known for its modern housing estates, community parks and proximity to schools, shopping and medical services. Winter Valley appeals to families, professionals and retirees seeking lifestyle convenience with long-term growth prospects. Ongoing development continues to boost its rental demand and investment appeal, making Winter Valley a strategic location for property investors.
Inclusions:
- Reverse Cycle Split System to Living
- Alarm System
- Downlights throughout
- Floor Coverings as per specification
- Fly Screens and fly doors
- Window furnishings
- Dishwasher
- Clothesline & Letterbox
- Fencing & Driveway
- Fully landscaped front & rear
Unit 1 (Front unit)
- 1 No. Min 5kw reverse cycle split system
- 540mm freestanding electric cooker
- 600mm Technika slideout rangehood
- Stainless steel single sink with chrome mixer tap
- Double power points as per working drawings
- 1 No. TV and data point
- 1 No. external light point outside sliding door
- Electric heat pump
- Washing machine taps, outlet and power point provisions in bathroom
- Solid core door with brushes to door seals
- Acoustic insulation sound batts
- Additional concrete paving to front and side gate garden as per working drawing
Unit 2 (Rear unit)
- Standard Victorian turnkey inclusions
- 2 No. Min 5kw reverse cycle split system to master and living
- 600mm stainless steel gas appliances to kitchen
- Gas boosted solar hot water
This well specified dual occupancy property blends modern turnkey finishes, energy efficient hot water systems and flexible dual-dwelling design. It offers a compelling opportunity for investors seeking dual income potential, strong rental appeal and long term value.
Investors looking to optimise land use and amplify their investment portfolio will find great value in Dual Occupancy Properties. These properties cleverly accommodate two independent dwellings on a single parcel of land, effectively doubling the potential for rental income. The design caters to a broad market, including extended families and tenants seeking spacious living options, thereby increasing the property's rental appeal. The strategic configuration of these properties allows investors to capitalise on the growing demand for versatile housing solutions in both urban and suburban settings.
Disclaimer*
All details shown have been provided by third parties, for full details and inclusions please refer to the land and building contracts.
Address
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Capital Growth 12 months, measures the increase in a property’s value over the previous 12 months, indicating how much the investment has appreciated in that timeframe.
Capital Growth 10-year annualised, reflects the average annual increase in a property’s value over the last decade, smoothing out short-term fluctuations to show long-term appreciation trends.
Vacancy Rate, indicates the percentage of properties that are currently unoccupied in that postcode, It’s a key indicator for investors to assess the rental demand.
SMSF Property Investing, when investing inside your SMSF there are some restrictions on how you can purchase investment properties. We use the following information to help navigate the SMSF investment property options.
This property is a single-contract property suitable for an SMSF.