FOR SALE
Sale Price Unavailable

6 Bank Street
Port Fairy VIC 3284

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1827m2
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Rare Commercial Development Opportunity

Rare opportunity to acquire a large vacant parcel of Commercial Zoned land of 1827m2 approx, in the popular seaside town of Port Fairy.
Occupying a prominent location in the heart of Port Fairy’s highly sought after commercial, shopping and central residential precinct, this land presents an opportunity for a dual-purpose development, which could include residential, commercial, retail and hospitality spaces. (STCA)
Offering a highly valuable street frontage to Bank Street of 45m and a corner orientation, next to parkland, offers a multitude of design possibilities to maximise the use of the land size.
Positioned next to an existing complex of premier retail and residential apartments this is an exciting opportunity to obtain one of the last clear development sites and contribute to the thriving commercial hub of Port Fairy.

Property Details for 6 Bank St, Port Fairy

Building Type
Commercial
Land Size
1827m2

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About Port Fairy 3284

The size of Port Fairy is approximately 115.1 square kilometres. It has 14 parks covering nearly 1.6% of total area. The population of Port Fairy in 2011 was 3,092 people. By 2016 the population was 3,328 showing a population growth of 7.6% in the area during that time. The predominant age group in Port Fairy is 60-69 years. Households in Port Fairy are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Port Fairy work in a professional occupation. In 2011, 72.5% of the homes in Port Fairy were owner-occupied compared with 72.1% in 2016.

Port Fairy has 2,843 properties. Over the last 5 years, Houses in Port Fairy have seen a 55.42% increase in median value, while Units have seen a 3.46% increase. As at 31 October 2024:

  • The median value for Houses in Port Fairy is $907,849 while the median value for Units is $422,620.
  • Houses have a median rent of $480 while Units have a median rent of $463.
There are currently 17 properties listed for sale, and 1 property listed for rent in Port fairy on OnTheHouse. According to CoreLogic's data, 49 properties were sold in the past 12 months in Port fairy.

Suburb Insights for Port Fairy 3284

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Rachel Ross
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Robertson Port Fairy
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Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.