Suburb Profile Report for Port Fairy VIC (3284)

Port Fairy House: Median price $481,600, Annual capital growth 5.15%, Number of sales 89, Weekly median advertised rent $340

Port Fairy Unit: Median price $410,000, Annual capital growth N/A, Number of sales 13, Weekly median advertised rent N/A

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

Source: CoreLogic

  • House Report

At number 883th in the list of Australian suburbs ordered by increase in median house value over the last year, Port Fairy, 3284 is in the top 30% with a property value increase of 10.71% recorded in median house prices.

Taking the average capital gain, or increase in median house value, Port Fairy,3284 has racked up an average of 10.71% over the period. This ranks it number 1749th in the whole country for real estate investors looking at median house price increases.

Port Fairy3284 is located in VIC which offers an average discount of -6.04% to property investors. Port Fairy itself is showing figures that indicate -5.27% is the average achievable by property buyers investing in the suburb.

At number 2828 in a list of fastest selling suburbs, Port Fairy is in the bottom 30% of suburbs in Australia with an average of days on market 107.52 for properties listed there.

Property investors should expect to get $340 weekly from the median priced house in this suburb.

HOUSE UNIT
$481,600 $410,000
-5.20% N/A
10.71% N/A
5.15% N/A
$340 N/A
89 13
3.67% N/A
107.52 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (H), Balanced (U)
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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
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