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VIC › Port Fairy › Beach St

123B Beach St, Port Fairy VIC 3284

For saleHouse for Sale

$2,995,000

For sale

Asking

4

Bedrooms

2

Bathrooms

1

Car spaces

291 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $2,995,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $2,995,000(Listing record · 7 Jan 2025)
  • FactLand 291 m²; no building size recorded.(Property record)
  • CalculationAsk is 242% above the Port Fairy median recorded sale ($876,000, n=31, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Port Fairy's advertised median rent ($544/wk), implied gross yield would be 0.94% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.

Price evidence

The ask against the evidence

Asking

$2,995,000

Asking · $10,292/m² of land

No recorded sale for this property.

Port Fairy at a glance

3,881

People

$876,000

Median sale

$544/wk

Median rent

3.23%

Suburb gross yield

Median sale from 31 recorded sales (last 12 months) — a Districts calculation.

See the full Port Fairy report →

Vs Port Fairy

+241.9%

Median sale

Suburb $876,000

-2.29 pp

Gross yield

Suburb 3.23%

Suburb median $876,000 from 31 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$2,995,000
Stamp Duty (Victoria)
$174,675
Transfer/Registration Fee
$3,614
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$3,176,989

$181,989 on top of the price (6.1% extra)

  • Stamp Duty (Victoria)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: Victoria schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Pre-filled with Port Fairy's advertised median rent — not a rent for this listing.

Net yield
-0.56%
Annual cashflow (pre-tax)
$-172,377
Interest cover (DSCR)
-0.11
Annual rent
$28,288
Operating expenses
$44,925
Loan amount
$2,396,000
Annual interest
$155,740
Gross yield
0.94%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.

Site

Terrain

Terrain has not been calculated for this property yet.

Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.

Flood, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Listed$2,995,000available7 Jan 2025

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

VIC

Why this lot, not just this suburb

Why could this property outperform?

Planning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $544/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

Current comparable rental listings within 400 m of this lot are not loaded. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 0.9%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. Net yield / holding costs are not estimated outside NSW without inventing land tax.

Verdict

What this means for this property

Districts view

Not enough official evidence yet to underwrite this as an investment.

Detail

The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”

Read more

Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.

The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.

Evidence

What is known for this property

Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.

1 of 10 questions answered so far

  • Development optionality of this lot

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

  • Honest achievable rent

    Knownlow

    This is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.

  • Rental supply pressure

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Port Fairy in one glance

Port Fairy at a glance

3,881

People

$876,000

Median sale

$544/wk

Median rent

3.23%

Suburb gross yield

Median sale from 31 recorded sales (last 12 months) — a Districts calculation.

See the full Port Fairy report →

Keep researching

  • Why Port Fairy? Read the area thesis →
  • What else is on the market in Port Fairy →
  • Other records on Beach St →

Listing material

Listed by Gleeson Real Estate

Exclusive Luxury Beachfront

Nestled along a pristine stretch of Port Fairy’s coastline, this extraordinary ‘East Beach’ property offers luxury and a world-class ocean panorama. Truly a once-in-a-lifetime opportunity to own a front-row seat on Beach Street.

Perched on a 291sqm double block, 'Aqua Luna' offers picture-postcard coastal views stretching along Port Fairy Bay. The lifestyle that this home enables will surprise and uplift. Whales drift past, dim squid boat lights shine on the horizon at night, mesmerising sunsets, surfers gliding along the waves at all hours of the day. Living here, you will experience a beautiful life, living in an historic coastal fishing port that offers everything you could ever need.

Spanning two generous levels and connected by a gorgeous timber stairwell, this home boasts four bedrooms, two bathrooms, two spacious living areas both upstairs and down.

Read the full description

The double-storey townhouse's interior is bright and expansive, yet soft and calming. Upstairs includes and open Family Room, Dining area and Kitchen facing the ocean, and the master bedroom with walk-in-closet, bathroom and toilet servicing both the living and bedroom. The home's ocean front aspect bathes it in natural light. The upper level showcases a stunning island kitchen and a full suite of quality appliances, making it the heart of the home. The open living area is an entertainer’s dream, featuring soaring ceilings, entertainer’s kitchen, and a spacious living room, centred around capturing 'those views'. And just when you think it can't get any better, the master suite opens to a balcony that boasts breathtaking views of Port Fairy Bay.

Downstairs living offers a second spacious living room, three-bedrooms, laundry, bathroom and a single car garage. Expansive floor-to-ceiling windows flood the living area with natural light, complemented by the neutral white palette and timber interior.

The fabulous outdoor entertaining decking, truly a beach lover’s dream. There are 4 bedrooms and 2 bathrooms, making the home suitable for a holiday rental or permanent dream home. Each bedroom offers plenty of space, built in robes and come with unique inclusions in each room, such as floor-to-ceiling cabinetry and shelves and plantation shutters.

Beyond the house, step onto the beach to activate a lifestyle that is energising and enriching. With waves suitable for all ages (weather depending), body surfing, ocean swimming, small surf breaks on offer and long beach walks with the family; all at your front doorstep.

Beach Street is a one-way street and has been protected from wave energy by a significant rock revetment built on the beach. The traffic is minimal, slow and not intrusive. Situated only minutes from the charming town centre, close to the only seafood takeaway in town and the beach-front 'Charlie’s on East' café and a very short drive to Port Fairy’s world-renowned golf course.

This property has been an adored holiday home and very successful short-term accommodation rental for over 20 years and can readily continue to be so. The sale offers the option to include the current furniture and chattels.

Contact Jeremy Gleeson or Ian Baudinette to arrange an inspection today.

Listing description written by Ian Baudinette, Gleeson Real Estate — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Balcony
  • Broadband
  • Built-in Robes
  • Deck
  • Dishwasher
  • Ducted Heating
  • Ensuites: 1
  • Floorboards
  • Gas Heating
  • Living Areas: 2
  • Outdoor Entertaining
  • Pay TV
  • Remote Garage
  • Secure Parking
  • Toilets: 2

Also look at

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  • 12A Sackville St, Port Fairy VIC 3284

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  • 1A Moyne Ct, Port Fairy VIC 3284

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Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.