2/8-12 Bank StreetPort Fairy VIC 3284
Property Details for 2/8-12 Bank St, Port Fairy
2/8-12 Bank St, Port Fairy is a 0 bedroom, 1 bathroom House and was built in 1950. While the property is not currently for sale or for rent, it was last sold in June 2019.
Last Listing description (September 2019)
Fantastic opportunity to acquire a freehold commercial premise in the tightly held retail precinct, in the seaside town of Port Fairy. This property consists of a ground floor commercial space, amongst a group of five, long established boutique businesses. This opportunity would suit an owner occupier or the astute investor that would like to capitalize on the buoyant Port Fairy commercial market. Commercial investment opportunities in Port Fairy are rare and this is the perfect opportunity to add this magnificent property to your investment portfolio.
The property can be offered as vacant possession or the option also exists to purchase the current business, Ocean Belle.
For further details and inspection arrangements please contact Paul Ross 0439 681 900 or Di MacKirdy 0400 625 50.
Property History for 2/8-12 Bank St, Port Fairy, VIC 3284
- 21 Jun 2019Sold for $400,000
- 25 May 2019Listed for Sale $400,000
- 16 Apr 2014Sold for $330,000
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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 2,841 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.
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