Suburb Profile Report for Port Fairy VIC (3284)

Port Fairy House: Median price $460,000, Annual capital growth 5.09%, Number of sales 91, Weekly median advertised rent $350

Port Fairy Unit: Median price $432,500, Annual capital growth 7.16%, Number of sales 14, Weekly median advertised rent $280

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

Investment property in Port Fairy has done poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -5.64%

If we look at median property appreciation over just the last three months, Port Fairy has given property investors a paper return of -1.81%. This puts Suburb as 628 on a list of fastest fasting appreciating suburbs in VIC

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Port Fairy, 3284. Typically our figures indicate that -5.62% is being offered, which puts this VIC suburb at 2060th most discounted overall in Australia.

Residents and property investors in Port Fairy have been waiting around 99.52 days to sell a property.

Renters in Suburb are facing rents around $4200 per annum or $350 every week.

Property value increases in Port Fairy have tracked higher than the VIC average of 4.26% over the last 12 months.

Situated 229.58km from the CBD, Port Fairy is one of Moyne localities in the postcode 3284.

Metrics i HOUSE UNIT
$460,000 $432,500
-1.81% 3.59%
-5.64% 30.66%
5.09% 7.16%
$350 $280
91 14
3.96% 3.37%
99.52 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (H), Below average (U)
Find a mortgage broker in Port Fairy VIC
Demographics
Total population 3092
Median household income ($/weekly) 924
Median age of persons 48
Median housing loan repayment ($/monthly) 1588
Average household size 2.2
  • Census Count Percent(%)
    5-14 years 332 10.7
    35-44 years 341 11.0
    45-54 years 401 13.0
    55-64 years 510 16.5
    65-74 years 398 12.9
    Others 1111 35.9
    Age Group
    Census Count Percent(%)
    Registered Married 1156 52.9
    Not Married 827 37.8
    Defacto Relationship 203 9.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 2699 92.4
    New Zealand 16 0.5
    Papua New Guinea 27 0.9
    United Kingdom 121 4.1
    Other 19 0.7
    Others 39 1.3
    Country of Birth
    Census Count Percent(%)
    Buddhism 16 0.6
    Christianity 2034 72.6
    Hinduism 6 0.2
    Other Religious Groups 9 0.3
    No Religion 734 26.2
    Others 4 0.1
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 112 10.2
    $400-$599 168 15.2
    $600-$799 126 11.4
    $800-$999 113 10.2
    $1,500-$1,999 129 11.7
    Others 455 41.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 997 41.3
    Employed, worked full-time 756 31.3
    Employed, worked part-time 495 20.5
    Employed, away from work 106 4.4
    Unemployed, looking for work 58 2.4
    Person Characteristics
  • Census Count Percent(%)
    Managers 253 18.7
    Professionals 295 21.8
    Technicians & trades workers 198 14.6
    Community & personal service workers 139 10.3
    Labourers 136 10.0
    Others 333 24.6
    Occupation
    Census Count Percent(%)
    Pre-school 56 10.3
    Infants/Primary 212 39.0
    Secondary 163 30.0
    Technical or Further Educational Institution 48 8.8
    University or other Tertiary Institutions 54 9.9
    Others 10 1.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2482 91.1
    Semi-detached, row or terrace house, townhouse 159 5.8
    Flat, unit or apartment 47 1.7
    Caravan, cabin, houseboat 13 0.5
    House or flat attached to a shop, office 16 0.6
    Others 6 0.2
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 567 47.5
    Being purchased 322 27.0
    Rented 297 24.9
    Other tenure type 8 0.7
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals