5 Werona RoadFairhaven VIC 3231
Property Details for 5 Werona Rd, Fairhaven
Last Listing description (September 2016)
This substantial 1277sqm (app) hilltop allotment has several excellent features that are not obvious at the initial viewing. The obvious features are that it is very big, cleared for construction and enjoys both ocean and native bush views. The less obvious features are that it is east facing towards the morning sun and sheltered from the prevailing westerly winds. Plus the fact that it enjoys very good beach access via the Banool Road reserve. Priced well for the features and it is well supported by nearby comparable sales.
Property History for 5 Werona Rd, Fairhaven, VIC 3231
- 03 May 2015Sold for $520,000
- 14 Jan 2015Listed for Sale $530,000
- 27 Sep 1996Sold for $75,000
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About Fairhaven 3231
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:
- The median value for Houses in Fairhaven is $1,899,841 while the median value for Units is $1,607,869.
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