73 Bank StreetPort Fairy VIC 3284
Property Details for 73 Bank St, Port Fairy
73 Bank St, Port Fairy is a 2 bedroom, 1 bathroom House. The property has a land size of 662m2. While the property is not currently for sale or for rent, it was last sold in July 2016.
Last Listing description (June 2024)
The Gatehouse, an exquisite double-fronted cottage, is a testament to a bygone era and a genuine part of old Port Fairy. It offers a warm and welcoming ambience with its original wood lining boards, dado walls, high ceilings, and gas log fire. Lovingly maintained, the 2-bedroom cottage combines traditional charm with contemporary conveniences. Built in the early twentieth century, the cottage has undergone recent refurbishments including a new kitchen, bathroom/laundry and WC.
The interior features a traditional entrance hall with a spacious bedroom on either side, a well-proportioned living room, and a dining room or second living zone. The rear section has a fully equipped kitchen, a large combined bathroom/laundry and two separate WCs. The rear entrance, now a conservatory, is a delight at any time of the day.
Surrounded by an established garden, the property provides both privacy and potential for expansion (STCA). The large, fully fenced and sun-drenched rear garden is secure for children and pets. It features a private lawn area, a separately fenced herb and vegetable garden and a backdrop of well-established trees. There is also a traditional working 'dunny'. Rear car access is available via a side right-of-way (ROW).
Located on historic Bank Street in a cluster of classic cottages, its proximity to, but detachment from Port Fairy's shopping and restaurant precincts, is a major bonus. Currently operating as boutique holiday accommodation, it is an ideal investment opportunity. It accommodates up to six people in a queen bedroom and a twin bedroom, with an additional fold-out sofa bed in the dining room.
Property History for 73 Bank St, Port Fairy, VIC 3284
- 22 Dec 2023Listed for Sale Buyer range $1,000,000 to $1,100,000
- 04 Jul 2016Sold for $540,000
- 03 Jun 2016Listed for Sale Not Disclosed
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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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