Port Fairy

Port Fairy, VIC 3284, with a population of 3742, offers a diverse range of age groups, with a significant portion aged 45 years and above. The suburb has a low vacancy rate of 0.6%, indicating a high demand for housing. Residents enjoy a median household income of $1,450 weekly and have various commuting options available, including motor vehicles and working from home. For house investors, Port Fairy presents an opportunity to cater to a growing population with a strong demand for rental properties. With a high room demand-supply ratio, there is potential for good rental yields. The suburb's median price falls within a range that may appeal to both homeowners and investors. Additionally, a notable percentage of professionals and technicians/tradeworkers suggest a stable economic base for property investment. Port Fairy, VIC 3284, offers a vibrant and diverse community with good housing demand. The suburb provides an attractive investment opportunity for those looking to capitalize on the rental market, especially for houses. Its stable demographics and steady population growth indicate a resilient property market for long-term investment. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022