OFF MARKET

1 Bourne Avenue
Port Fairy VIC 3284

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 206m2
Land area: 609m2
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Property Details for 1 Bourne Ave, Port Fairy

1 Bourne Ave, Port Fairy is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1952. The property has a land size of 609m2 and floor size of 206m2. While the property is not currently for sale or for rent, it was last sold in January 2016.

Building Type
House
Year Built
1952
Floor Size
206m2
Land Size
609m2
Local Government
Moyne
Lot/Plan
1/PS528394

Last Listing description (September 2024)

In a spectacular and tightly held location overlooking the renowned East Beach, this two-story coastal retreat epitomises tranquil seaside living. Surrounded by native flora on an elevated allotment, the residence exudes a sense of seclusion, serene ambiance and breathtaking sea views.

Although the residence requires work to bring it up to its full potential, the home's floor plan has been thoughtfully designed to capture sweeping ocean panoramas and maximise natural light from the north-facing orientation.

The ground level entry foyer leads to two bedrooms, a family bathroom, storeroom, laundry facilities, and an expansive family room opening onto a covered space with a hot tub. An integrated double garage offers ample storage for bikes, surf gear, tools and is complemented by a separate workshop and additional off-street parking for a boat or caravan.

The upper floor reveals an expansive open-plan layout encompassing living, dining, and a well-appointed kitchen featuring a breakfast bar, sizeable pantry and ocean views. Glass doors seamlessly extend to a vast covered balcony, perfect for alfresco dining against the backdrop of the stunning panoramic views of the bay and lighthouse. Two more bedrooms, including a master with ensuite, and a private, north facing balcony at the rear with views back towards the township complete this level.

Sitting on a 608m2 (approx.) elevated allotment, the versatile property offers substantial potential for future development. There is the option to subdivide and build two units, capitalising on the prime location and panoramic views. Alternatively, one could choose to remove the existing dwelling and construct a dream coastal residence that maximises the stunning water vistas (subject to council approval) or thirdly renovate the existing residence to a modern showpiece.

Benefiting from its prime location directly opposite East Beach, the property is 200m from Charlie's Cafe, Surf Club, and a convenient 5-minute stroll to the vibrant main street of Port Fairy. Embodying coastal living at its peak, this property offers an exciting and rare blend of tranquillity, potential, and accessibility.

Property History for 1 Bourne Ave, Port Fairy, VIC 3284

A timeline of how this property has performed in the market
Last Sold
$1,450,000
11 Jan 2016
  • 24 Sep 2024
    Listed for Sale Not Disclosed
  • 30 May 2024
    Listed for Sale Contact Agent
  • 11 Jan 2016
    Sold for $1,450,000
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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 2,828 properties. Over the last 5 years, Houses in Port Fairy have seen a 78.61% increase in median value, while Units have seen a 5.83% increase. As at 31 August 2024:

  • The median value for Houses in Port Fairy is $994,493 while the median value for Units is $407,367.
  • Houses have a median rent of $480 while Units have a median rent of $460.
There are currently 20 properties listed for sale, and 1 property listed for rent in Port fairy on OnTheHouse. According to CoreLogic's data, 51 properties were sold in the past 12 months in Port fairy.

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Disclaimer
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.