OFF MARKET

505 Princes Highway
Port Fairy VIC 3284

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 95m2
Land area: 592m2
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Last updated 18 Nov 2024
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Property Details for 505 Princes Hwy, Port Fairy

505 Princes Hwy, Port Fairy is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1960. The property has a land size of 592m2 and floor size of 95m2. While the property is not currently for sale or for rent, it was last transferred in December 2022.

Building Type
House
Year Built
1960
Floor Size
95m2
Land Size
592m2
Local Government
Moyne
Lot/Plan
43/LP31950

Last Listing description (February 2023)

Positioned on a corner allotment of 592m2 (approx.) this original family home presents as an exceptional start for the first home buyer or as a solid investment.
Neat and tidy ,the property comprises a north facing living room, three bedrooms, light filled kitchen/meals area updated family bathroom, separate WC and laundry.
Outside, the spacious rear yard with side access offers plenty of room for children to play, a garden shed and off-street parking.

Located close to schools, medical facilities and within easy walking distance to the CBD, full of potential this home represents outstanding value and a prime opportunity to enter the Port Fairy market.

Property History for 505 Princes Hwy, Port Fairy, VIC 3284

A timeline of how this property has performed in the market
Last Transferred
21 Dec 2022
  • 21 Dec 2022
    Transferred
  • 28 Sep 2022
    Listed for Sale $590,000

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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 2,848 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.
There are currently 29 properties listed for sale, and 1 property listed for rent in Port fairy on OnTheHouse. According to CoreLogic's data, 49 properties were sold in the past 12 months in Port fairy.

Suburb Insights for Port Fairy 3284

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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.