How Much is My Home Worth in Port Fairy?
The median price for a house in Port Fairy as of February 27, 2020, was $635,500. The median price for a unit stands at $426,000. In the past 12 months, there have been 90 houses sold and 11 units. The 12-month capital growth is at -9.82% for houses and -4.96% for units. The average annual capital growth for houses is 6.01%. It takes on average 88 days to sell a house in Port Fairy. The gross rental yield for a house is 3.53% and for units, it 4.27%. The DSR or Demand to Supply Ratio ranks houses in Port Fairy as balanced. There are currently quite a number of properties for sale that have interest from buyers. The buyer may get a good price if the seller is in a rush for a quick sale. Prices will probably stay level with the national average for houses.
Median House prices and rent returns in Port Fairy
- 2 bedroom house $517,500 Rent per week No Data
- 3 bedroom house $645,000 Rent per week $380
- 4 bedroom house $672,00 Rent per week No Data
Free Real Estate Appraisal Port Fairy
Are you contemplating selling your home or land in Port Fairy? We provide accurate and free property appraisals on houses, units and land. We base our final market price on sales history and the location to shops and amenities.
Our team is happy to meet with house and landowners that are interested in selling and want to know the value of their property. Our database has a list of potential buyers that are looking for all types of real estate in Port Fairy.
Free Rental Appraisal Port Fairy
Do you have an investment property you wish to rent? Or, are you moving and want to rent out your home? Our property managers currently manage over 100 properties. There is no scenario we have not dealt with when it comes to managing real estate. We use the latest software tools to streamline our services. We deal directly with the landlord and keep them up to speed with the rental of their property.
Property Valuation Port Fairy
The majority of people believe a property appraisal and a property valuation are the same. In part this is true. However, if for legal purposes you need a valuation then you need to engage the services of a licenced property valuer. This will cost you money. If you just want to know how much your home is worth then any registered real estate agent can give you a price.
How do we appraise a property in Port Fairy
- Location to amenities
- Recent sales history of Port Fairy
- Proximity to schools and shops
- Comparison of market values
10 Reasons to go Port Fairy, Victoria
Browse our list of recently sold property in Port Fairy
Port Fairy Facts
There are 2 schools in Port Fairy. Actually 3 if you want to count the Surf School.
The population is 3340. Port Fairy is 290 kilometres west of Melbourne. The nearest major towwn is Warrnambool located 18 kilometres to the west.