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VIC › Port Fairy › Princes Hwy

156 Princes Hwy, Port Fairy VIC 3284

House

$685,000

Last sold

1 Sept 2025

3

Bedrooms

2

Bathrooms

1

Car spaces

3,880 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $685,000 (1 Sept 2025).(Recorded sale)
  • FactLand 3,880 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Port Fairy (last 5 years) with land size: median $1,186/m² of land (n=50). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • FactZoned TRANSPORT ZONE 2 - PRINCIPAL ROAD NETWORK (TRZ2) under the ZN.(Vicmap Planning · 2 Sept 2026)

What could make it worth less?

  • FactDESIGN AND DEVELOPMENT OVERLAY - SCHEDULE 4 intersects 99.8% of this parcel.(Vicmap Planning · 2 Sept 2026)
  • FactFLOODWAY OVERLAY - SCHEDULE 3 intersects 79.2% of this parcel.(Vicmap Planning · 2 Sept 2026)
  • FactDEVELOPMENT PLAN OVERLAY - SCHEDULE 4 intersects 21.2% of this parcel.(Vicmap Planning · 2 Sept 2026)

What should you verify next?

  1. 1DESIGN AND DEVELOPMENT OVERLAY - SCHEDULE 4 affects this parcel — verify the mapped extent against the title / planning certificate before relying on unaffected land.
  2. 2FLOODWAY OVERLAY - SCHEDULE 3 affects this parcel — verify the mapped extent against the title / planning certificate before relying on unaffected land.
  3. 3DEVELOPMENT PLAN OVERLAY - SCHEDULE 4 affects this parcel — verify the mapped extent against the title / planning certificate before relying on unaffected land.
  4. 4No 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

What this lot has actually traded at

Last sold

$685,000

1 Sept 2025 · derived via latest_sale

Local land rate: recorded House sales in Port Fairy (last 5 years) with land size have a median of $1,186/m² of land (n=50). Districts calculation from recorded sales — not a valuation.

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

-21.8%

Median sale

Suburb $876,000

+0.90 pp

Gross yield

Suburb 3.23%

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

Planning

Planning and development

Planning scheme

ZN

Zone

TRANSPORT ZONE 2 - PRINCIPAL ROAD NETWORK

TRZ2

Jurisdiction

Moyne

Moyne, VIC

Official property report

The original government planning document for this property. Sign in to view or download the PDF. Districts facts are a separate GIS extract and may not include every statement in the report.

Planning overlays

  • DESIGN AND DEVELOPMENT OVERLAY - SCHEDULE 4Detected — 99.8% of parcel

Development activity

Data unavailable

Source

  • Provider: Vicmap Planning
  • Dataset: PLAN_ZONE
  • Retrieved: 2 Sept 2026
  • Version: 1
  • Parcel: 124995642

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

Detected — official

The official layer maps a flood zone on this parcel, intersecting about 79.2% of it (Vicmap Planning, retrieved 2 Sept 2026). Verify the extent against the title before relying on unaffected land.

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. Sold$685,0001 Sept 2025
  2. Listedprice unknowncompleted2 Apr 2025
  3. Listedprice unknowncompleted2 Apr 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?

Confidence: medium

Zoned TRANSPORT ZONE 2 - PRINCIPAL ROAD NETWORK · TRZ2 (ZN). Official parcel area about 3,886 m². Dual occupancy looks constrained by site overlays or terrain. Two-lot subdivision looks constrained (often the rear or handle of the lot). This is a screen, not a planning certificate. Zoning and lot facts are a starting point, not proof this lot outperforms the suburb. Funded catalyst catchments are not loaded. A TOD badge is not this product.

What could kill that thesis?

Confidence: medium

79.2% of the official parcel intersects the loaded flood overlay. Layer: FLOODWAY OVERLAY - SCHEDULE 3. That is a finance, insurance, and rentability screen — distinct from whether the land can be subdivided. It is not a flood certificate or an insurer quote. Flood overlay on a material share of the lot can kill a rear-lot or battleaxe subdivision story. Minimum lot size is not loaded, so two-lot subdivision is not confirmed. Official parcel about 3,886 m² — land size can look like optionality. What reduces it: DESIGN AND DEVELOPMENT OVERLAY - SCHEDULE 4; FLOODWAY OVERLAY - SCHEDULE 3; DEVELOPMENT PLAN OVERLAY - SCHEDULE 4. Pay house money or walk — do not pay site money until a planner confirms a pathway through this stack. 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. Flood on or flagged for this lot can discount tenant demand versus a dry comparable.

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

Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.

Verdict

What this means for this property

Districts view

This looks more like a hold-as-is house than a development site. Flood on the lot is the first thing to price.

Detail

Official parcel about 3,886 m² — land size can look like optionality. What reduces it: DESIGN AND DEVELOPMENT OVERLAY - SCHEDULE 4; FLOODWAY OVERLAY - SCHEDULE 3; DEVELOPMENT PLAN OVERLAY - SCHEDULE 4. Pay house money or walk — do not pay site money until a planner confirms a pathway through this stack.

Read more

Nearby competing dwellings and net yield are still unknown.

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.

4 of 10 questions answered so far

  • Development optionality of this lot

    Knownmedium

    Zoned TRANSPORT ZONE 2 - PRINCIPAL ROAD NETWORK · TRZ2 (ZN). Official parcel area about 3,886 m². Dual occupancy looks constrained by site overlays or terrain. Two-lot subdivision looks constrained (often the rear or handle of the lot). This is a screen, not a planning certificate.

  • 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?

    Knownmedium

    Official parcel about 3,886 m² — land size can look like optionality. What reduces it: DESIGN AND DEVELOPMENT OVERLAY - SCHEDULE 4; FLOODWAY OVERLAY - SCHEDULE 3; DEVELOPMENT PLAN OVERLAY - SCHEDULE 4. Pay house money or walk — do not pay site money until a planner confirms a pathway through this stack.

  • Lot-level flood

    Knownmedium

    79.2% of the official parcel intersects the loaded flood overlay. Layer: FLOODWAY OVERLAY - SCHEDULE 3. That is a finance, insurance, and rentability screen — distinct from whether the land can be subdivided. It is not a flood certificate or an insurer quote.

  • Catalyst exposure

    Unknown

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

  • This lot's DA history

    Unknown

    No DA adapter returned applications 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 Princes Hwy →

Listing material

Listed by Gleeson Real Estate

Spacious Family Home on an Acre

Looking for a family home, with space to enjoy the outdoors in Port Fairy? 156 Princes Highway is the perfect property for those who dream of a large garden, room for a few sheep, or perhaps a massive back yard for the kids to run and play.

This recently renovated home, that is situated on a generous acre, features a thoughtfully designed layout with everything a growing family needs. Inside, the main living area flows into the dining and kitchen area and is ideal for entertaining or quiet relaxation. A delightful sunroom or study area overlooks the expansive yard, allowing natural light to flood the space and offering a wonderful view of the outdoor surroundings. Keep warm in winter with a gas heater or split system.

The home offers three comfortable bedrooms, with two-bedrooms featuring built-in robes for convenient storage. The modern bathroom is both stylish and functional, with a large, floor-level shower and vanity for that sleek, contemporary feel. There is also a second bathroom, equipped with a toilet and shower, making it perfect for busy family mornings or guests.

Read the full description

For those with hobbies or a need for additional storage, a spacious workshop and single-car garage provide ample room. The large yard and paddock adjoining the home offers plenty of space, with established fruit trees, veggie patch and if you choose; livestock. There’s so much room for outdoor activities, giving you the freedom to create your dream garden or simply enjoy the open space.

Located just 2km from the heart of Port Fairy and a short walk to the Rail Trail access that leads to the town centre, this property offers the perfect balance of rural charm and convenience. Whether you're looking for a peaceful retreat or a family-friendly property with room to grow, 156 Princes Highway is a rare find. Don’t miss your chance to secure this wonderful family home – contact us today to arrange an inspection!

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

Property features

  • Air Conditioning
  • Broadband
  • Built-in Robes
  • Dishwasher
  • Floorboards
  • Fully Fenced
  • Gas Heating
  • Living Areas: 2
  • Pay TV
  • Toilets: 2
  • Water Tank
  • Workshop

Also look at

Also for sale in Port Fairy

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  • 152 Princes Hwy, Port Fairy VIC 3284

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  • 83 Princes Hwy, Port Fairy VIC 3284

    3-bed house for sale. Asking $1.65M.

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  • 198 Princes Hwy, Port Fairy VIC 3284

    3-bed house for sale. Asking $830K.

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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.