Portsea, VIC 3944 - Suburb Profile & Local Reviews - Homely (2024)

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Portsea is renowned for its stunning beaches and exclusive golf clubs, offering a lifestyle that is both leisurely and luxurious. The suburb boasts some of Victoria's most picturesque coastal views, with the Portsea Beach and Portsea Golf Club serving as prime examples of the suburb's appeal.

The $30 million Portsea record deal, for a locally-famous manor named Westbank, was inked in January 2022. The elegant sandstone estate, on a popular clifftop track known as Millionaire's Walk, has panoramic bay and town views and sits on 7200 square metres of rare beachfront land.

Owners of property on the Portsea clifftop overlooking Port Phillip Bay include some of the country's wealthiest, such as trucking magnate Lindsay Fox, property-developing Rich Listers Max Beck and the Deague family, Computershare co-founder Michele O'Halloran, former Spotless chairman Brian Blythe, Rupert Murdoch's ...

Portsea is a seaside suburb on the Mornington Peninsula in Melbourne, Victoria, Australia, approximately 60 kilometres (37 mi) south-west of Melbourne's Central Business District, located within the Shire of Mornington Peninsula local government area.

It's the scarcity that drives its stratospheric prices, with a steady stream of wannabes lining up to claim their piece of paradise at the very end of the Mornington Peninsula's tapering finger of land, about 60 kilometres south of Melbourne's CBD.

Rockland. Rockland has been among Victoria's priciest areas since it was first developed in the late 1800s. Home to some of the city's most breathtaking historic homes, none are more notable than the famous Craigdarroch Castle.

Toorak suburb has been considered the richest place in Melbourne, Australia. The annual reports have shown the highest median house price in the capital.

3142 (Hawksburn, Toorak)

Victoria's 3142 postcode, which comprises Toorak and Hawksburn and sits just five kilometres southeast of Melbourne's CBD, is home to more of Australia's richest millionaires and billionaires than any other suburb in the country.

Portsea Island is a flat and low-lying natural island 24.5 square kilometres (9.5 sq mi; 6,100 acres) in area, just off the southern coast of Hampshire in England.

Melbourne pub millionaire Mazen Tabet snaps up Portsea Hotel for $17 million. THE Portsea Hotel has been quietly sold by its rich-listed owner for more than $17 million. Portsea Hotel proprietor Andrew Henderson on Portsea front beach in Melbourne.

Where to start Millionaires Walk Sorrento? ›

Lentell Avenue marks the beginning of Millionaire's Walk (though perhaps it should be called Multi-Millionaire's Walk these days!) The high gate entry is easy to miss (POI 6) and reminds me of 'The Secret Garden' – as beautiful treasures lie ahead.

Portsea is still the most expensive suburb with a median of $3.78 million after a rise of 29.2 per cent over the year to March 2022, followed by Sorrento at $2.3 million, up 23 per cent, and Mount Eliza at $1,752,500, up 25.2 per cent.

Melbourne's most powerful streets home to rich listers and celebrities — and their multimillion-dollar mansions — have been unveiled. Buyers really know they've made it when they secure a piece of Toorak's Albany and St Georges Roads, where properties carry eye-watering price tags of up to $80m.

Known as a summer destination for affluent Melburnian residents, Portsea sits at the end of the Mornington Peninsula with many private beachside mansions. The median house price is $3.53 million and the suburb is packed with rich listers among its 456 residents.

Most of Portsea's famous front beach was swept away in 2010 - just months after completion of dredging near the entrance of Port Phillip Bay. The state government has spent more than $3 million in a bid to protect the popular beach from coastal surges.