48 Bank St, Port Fairy is a 4 bedroom, 1 bathroom House with 2 parking spaces and was built in 1870. The property has a land size of 223m2 and floor size of 150m2. While the property is not currently for sale or for rent, it was last sold in June 2006.
The Victoria Apartments are one of the most popular accommodation choices in Port Fairy and the opportunity to purchase a sound investment property has now become available. Providing the option to enjoy holidays in your own luxury apartment and also generate a healthy income during the remainder of the year is something worth considering.
Consisting of two separate apartments the professional onsite management team takes care of the day to day management of the apartments and the property will be offered on a Walk in, Walk out basis, ensuring a hassle free investment.
Both apartments are accessed through a secure central entrance with the downstairs apartment suitable for couples with a self contained living/ kitchenette area and separate bedroom with ensuite. Sliding doors lead out to a small outdoor terrace.
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:
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