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Port Fairy suburb profile

Port Fairy is a historic coastal village on Victoria's south-west coast, centred on a sheltered harbour and a timber wharf where fishing boats and pleasure craft gather alongside cafés and shops. Its compact streets are lined with 19th-century bluestone buildings and weatherboard cottages, giving the town a preserved, seaside character that appeals to retirees, artists and holidaymakers. Griffiths Island, with its lighthouse, walking trails and seasonal seabird colony, is a defining natural feature, while nearby surf beaches and the river estuary provide boating, fishing and beach recreation. A steady calendar of galleries, markets and hospitality venues keeps the town active outside peak holiday periods.

Port Fairy property market performance

Like many smaller suburbs, Port Fairy sees relatively few property sales, so there isn't enough recent data to publish a reliable median price for houses or units. The figures that are available show house values fell a modest 4.5% over the last 12 months.

Over the last 3 months, 8 houses and 1 unit were sold. Houses took a median of 150 days to sell.

The rental market in Port Fairy recorded average house rents of $520 and average unit rents of $420 over the last 12 months. Unit rents fell a modest 4.5% over the same period.

HousesUnits
Median price
Past 3 months
N/AN/A
Change in value
Past 12 months
-4.5%N/A
Sold
Past 3 months
81
Median days on market
Past 12 months
150N/A
Average rent
Past 12 months
$520$420
Change in rent
Past 12 months
N/A-4.5%

5 year median price trend for houses and units

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Port Fairy demographics

A community of 3,742 people with a median age of 51, the suburb records a median total household income of $1,450 a week, roughly $75,400 a year.

Family life is dominated by couples: couple families without children make up 51.5% of families and couple families with children a further 35.0%, so together couples account for 86.5% of families. One-parent families represent 12.2% and other families 1.3%.

In Port Fairy most homes are owner-occupied, with 51.6% owned outright and 27.6% owned with a mortgage, a combined owner-occupier share of 79.2%. Renters make up 20.7% of dwellings.

Suburbs near Port Fairy

Some popular suburbs near Port Fairy include:

How does Port Fairy compare to nearby suburbs?

  • Median house prices: Port Fairy’s median house price is 25.8% higher than Koroit’s.
  • House price growth: Property prices in nearby Koroit have risen 15.3% more than in Port Fairy over the past year.
  • Selling speed for houses: Properties in nearby Koroit are selling 77.3% faster than in Port Fairy.

Choose the right real estate agents in Port Fairy

Currently, there are 16 real estate agents working in Port Fairy—but not all agents deliver the same results. The right agent could make a huge difference to your final sale price.

Only 5 out of these 16 agents sold 77.3% of all properties in Port Fairy over the past year. Choosing one of these top-performing agents means tapping into proven expertise for a better sale outcome.

Real estate agents in Port Fairy typically charge a commission of 2.63% to 2.75%. Negotiating a fair commission rate and the right structure can motivate your agent to work even harder, helping you sell for more and potentially saving you thousands of dollars.

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