Investment property in Port Fairy has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 2.79%
Over the longer term, Port Fairy has seen property prices show investors a 15.00% return over the last 3 years. This is worse than over the last 12 months
Port Fairy, 3284 is offering VIC ‘s 296th most discounted properties when looking at the average discount being offered by vendors. This puts it in the middle of discounts offered by this VIC.
With the median price for a house in Port Fairy being $460000 and the advertised rent reaching $340 the gross rental yield for property investors calculates out to be 3.84%
VIC has seen average median house prices change by 2.98% which means that Port Fairy, 3284 has done well for property investors by showing a capital gain of 11.78% over the last year
Across a shorter period, Port Fairy, 3284 has seen a median price increase of -9.76% over the last quarter.
Using the current median advertised rental of $280 and the average annual increase in value of a median property of -0.27%, investors should hope to achieve an overall return of 3.94%