1/3 Bourne AvenuePort Fairy VIC 3284
Property Details for 1/3 Bourne Ave, Port Fairy
1/3 Bourne Ave, Port Fairy is a 5 bedroom, 3 bathroom Unit with 1 parking spaces. The property has a land size of 502m2.
Last Listing description (February 2014)
Your Future Stepping Stone
Take your pick as we have 2 Choice Coastal Development/ Investment Options for you. Ideally located in the tightly held narrow Eastern Beach River Peninsular is a solid Investment only 100m to the water. Currently a Multi-unit site returning $520PW, so continue the rental and sit back and reap the current benefits of a steady income. You could have 1 as your holiday getaway and lease the other 2 units. This also represents an exceptional development site holding a current planning permit with plans to build 2 x Townhouses. A parcel of land so close to the Ocean with approved Plans & Permits today, is as rare as hens teeth and with foresight, you can sit back and watch this one grow! Solid foundations exist for a healthy future in such a highly sought after area, so our recommendations are that this one wont last long !
Contact our office today for an information package !
Property History for 1/3 Bourne Ave, Port Fairy, VIC 3284
- 07 Jun 2014Listed for Rent - Price not available
- 28 Feb 2014Listed for Sale $595,000
- 02 Jun 2013Listed for Rent - Price not available
Recent sales nearby
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0About 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 2016 was 3340 people. By 2021 the population was 3742 showing a population growth of 12.0% 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 $1400 - $1799 per month on mortgage repayments. In general, people in Port Fairy work in a professional occupation.In 2021, 76.30% of the homes in Port Fairy were owner-occupied compared with 72.10% in 2016.
Port Fairy has 2,904 properties. Over the last 5 years, Houses in Port Fairy have seen a 31.05% increase in median value, while Units have seen a -11.43% decrease. As at 30 November 2025:
- The median value for Houses in Port Fairy is $899,089 while the median value for Units is $424,676.
- Houses have a median rent of $525 while Units have a median rent of $440.
Suburb Insights for Port Fairy 3284
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