Portland, located on Victoria's southwest coast, is a charming coastal city known for its rich history, stunning natural landscapes, and vibrant community. With a population of just over 10,000, Portland offers a relaxed lifestyle, combining the beauty of coastal living with modern amenities. This article explores the best residential areas in Portland, highlighting their characteristics, housing options, and average prices.
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Central Portland

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Central Portland is the hub of the city, featuring a mix of historic architecture and modern conveniences. It's ideal for those who want to be at the heart of the community with easy access to amenities and services.
Characteristics of the Central Portland
* Culture: Vibrant arts scene, local boutiques, and cafés
* Transportation: Excellent public transport options, walking-friendly
* Services: Grocery stores, schools, medical facilities, and parks
* Environment: Lively and community-oriented
Housing Options in the Central Portland
Victorian houses, Townhouses, Apartments
Average Home Prices in the Central Portland
* Buying: $350,000 – $600,000
* Renting: $1,200 – $1,800/month
Portland Bay

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Portland Bay offers stunning waterfront views and a tranquil atmosphere. This area is ideal for families and retirees looking for a peaceful living environment close to nature.
Characteristics of the Portland Bay
* Culture: Marine activities, beach culture
* Transportation: Car necessary for some areas, limited public transport
* Services: Local shops, parks, and outdoor recreational facilities
* Environment: Serene and picturesque
Housing Options in the Portland Bay
Beachfront houses, Units, Modern flats
Average Home Prices in the Portland Bay
* Buying: $400,000 – $700,000
* Renting: $1,300 – $2,000/month
Henty Park

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Henty Park is a family-friendly suburb known for its spacious parks and recreational facilities. It provides a perfect setting for outdoor activities and social gatherings.
Characteristics of the Henty Park
* Culture: Active community with sports clubs and events
* Transportation: Good public transport access, bike-friendly paths
* Services: Schools, child care centres, community halls
* Environment: Family-oriented and friendly
Housing Options in the Henty Park
Single-family homes, Townhouses
Average Home Prices in the Henty Park
* Buying: $350,000 – $550,000
* Renting: $1,100 – $1,600/month
South Portland

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South Portland is known for its quieter residential streets and is close to the beach. It blends suburban convenience with coastal charm and is great for families and retirees alike.
Characteristics of the South Portland
* Culture: Relaxed beach lifestyle with a close community feel
* Transportation: Car recommended, limited public transport options
* Services: Local shops, cafés, and parks
* Environment: Quiet and tranquil
Housing Options in the South Portland
Family homes, Units, Townhouses
Average Home Prices in the South Portland
* Buying: $300,000 – $500,000
* Renting: $1,000 – $1,500/month
Coringa

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Coringa is a small, suburban area located just outside Portland, offering a peaceful lifestyle surrounded by nature. It's perfect for those looking for larger properties and a rural setting.
Characteristics of the Coringa
* Culture: Natural beauty and outdoor lifestyle
* Transportation: Car essential, limited public transport
* Services: Basic amenities, emphasis on self-sufficiency
* Environment: Rural and serene
Housing Options in the Coringa
Acreage, Large family homes, Custom builds
Average Home Prices in the Coringa
* Buying: $450,000 – $800,000
* Renting: $1,200 – $1,900/month
Princetown

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Princetown is located slightly further from the city centre and is known for its beautiful landscapes and nature walks. This area is perfect for nature enthusiasts and those seeking solitude.
Characteristics of the Princetown
* Culture: Outdoor adventures, wildlife observation
* Transportation: Car is necessary, limited public transport access
* Services: Minimal, focusing on nature and self-sufficient living
* Environment: Tranquil and nature-focused
Housing Options in the Princetown
Rural homes, Cottages
Average Home Prices in the Princetown
* Buying: $400,000 – $700,000
* Renting: $1,000 – $1,400/month
Frequently Asked Questions About the Best Residential Areas in Portland:
The best residential areas in Portland include Central Portland, Portland Bay, Henty Park, South Portland, Coringa, and Princetown.
Henty Park is highly recommended for families due to its parks, schools, and community events.
House prices in Portland generally range from $300,000 to $800,000 depending on the suburb and property type.
Yes, Portland offers a variety of rental options, including units, family homes, and townhouses.
Portland has good public transport options within the city, but a car is often necessary for areas further out.
Yes, Portland offers a relaxed lifestyle, accessibility to services, and beautiful surroundings, making it ideal for retirees.
Central Portland hosts grocery stores, schools, medical facilities, cafés, and recreational parks.
The property market in Portland has shown steady capital growth, making it an attractive option for first-home buyers and investors.
Yes, for those interested in building, there are available parcels of land, especially in outlying areas like Coringa.
Portland Bay offers some of the best coastal access, perfect for those who enjoy beach activities and views.
Conclusion on the Best Residential Areas in Portland:
Portland, Victoria presents a diverse range of residential areas, each with unique characteristics that cater to different lifestyles. Whether you're drawn to the vibrant community life in Central Portland, the tranquility of South Portland and Coringa, or the natural beauty around Princetown, there is something for everyone. With a mix of historical charm and modern amenities, Portland's real estate market provides a wealth of opportunities for buyers and renters alike. As the demand for coastal living continues to grow, investing in Portland offers not only a home but an enriching lifestyle surrounded by nature, history, and community.
About the Author

Published by:Eribert De Oliveira
Mechatronics Engineer and founder of Mi Inmueble Online, with a background in real estate. I combine technology and analysis to help you find the best areas to live.