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Port Fairy
AREA REPORTS

Port Fairy

Port Fairy - SUBURB PROFILE REPORT
POSTAL CODE: VIC, 3284

house
unit

Homeowners and real estate investors betting on PORT FAIRY, 3284 can rest assured about this VIC suburb's performance. The suburb saw median home prices rise by 42.39%.

A steady increase in median property prices over a five-year period in the suburb translates to a 58.21% capital gain.

Property investors in PORT FAIRY enjoyed capital gains of 42.39% over the last 12 months translating to lower returns compared with its peers in the territory.

The suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $982,500.

Profits due to an upward trend in home prices there averaged 19.4% per annum over a 3-year period.

Home owners selling their properties and realtors in PORT FAIRY usually have to wait an average of 52.4 days days before their assets are lifted off the market.

Average weekly rents on listings have reached the $400 mark, reflecting a 2.12% increase in returns based on the current median price in PORT FAIRY.

PORT FAIRY, 3284 places 69th in Australia based on median property value growth during the quarter.

Data report can be found below

Port Fairy
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $982,500 $770,000
GROWTH REPORT
Median Quarterly 9.59% 12.82%
Median 12 month 42.39% N/A
Median 3 years 58.21% 81.18%
Median 5 years 109.71% 75%
10 years average annual 10.28% 11.43%
Weekly media advert. rent $400 N/A
Time on Market 52.4 days 68.1 days
Gross Rental Yield Percent 2.12% N/A
demographics (median values)*
Total Population
3439
Weekly Household Income
1128
Household Size
2.30
Age
49
Monthly Loan Repayment
1560
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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