2 Banool Rd, Fairhaven is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1990. The property has a land size of 1508m2 and floor size of 136m2. While the property is not currently for sale or for rent, it was last transferred in June 2024.
This classic beach house is located within only a flat 500 metre stroll of the Fairhaven SLSC and the underpass.
Protected from the weather and with a sunny northerly outlook, the double storey cedar weatherboard is very typical of houses built around this time.
Fairhaven remains one of the Great Ocean Road's most tightly held areas with less than ten sales of three bedroom houses recorded in the previous twelve months.
The size of Fairhaven is approximately 5.2 square kilometres. It has 2 parks covering nearly 41.2% of total area. The population of Fairhaven in 2011 was 354 people. By 2016 the population was 276 showing a population decline of 22.0% in the area during that time. The predominant age group in Fairhaven is 50-59 years. Households in Fairhaven are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Fairhaven work in a professional occupation. In 2011, 85.8% of the homes in Fairhaven were owner-occupied compared with 83.5% in 2016.
Fairhaven has 596 properties. Over the last 5 years, Houses in Fairhaven have seen a 56.32% increase in median value, while Units have seen a 177.95% increase. As at 31 October 2024:
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