Giving property investors a a solid capital gain of 14.45% for the last year, Port Fairy, 3284 is the 530th highest performer in Australia in this respect.
If we look at median property appreciation over just the last three months, Port Fairy has given property investors a paper return of 2.06%. This puts Suburb as 259 on a list of fastest fasting appreciating suburbs in VIC
State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.04% offered to property buyers. Sellers in Port Fairy itself are offering an average vendor discount of -5.07% to real estate investors.
In the last year 94 properties changed hands in Port Fairy, which puts it as the 274th most active market in VIC when comparing the number of sales per suburb.
Property investors should expect to get $340 weekly from the median priced house in this suburb.
Investment property in Port Fairy has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 25.19%
Across a shorter period, Port Fairy, 3284 has seen a median price increase of 9.33% over the last quarter.
Situated 228.41km from the CBD, Port Fairy is one of Moyne localities in the postcode 3284.