Districts
SuburbsBlogSearch
Sign inGet started
Districts
SuburbsBlogSearch
Sign inGet started

VIC › Port Fairy › Toolong Rd

266 Toolong Rd, Port Fairy VIC 3284

House

3

Bedrooms

1

Bathrooms

3

Car spaces

11,978.695 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

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

Why this property?

  • FactLand 11,979 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Port Fairy (last 5 years) with land size: median $1,146/m² of land (n=51). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

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

What this lot has actually traded at

Last sold

No recorded sale price for this property yet.

Local land rate: recorded House sales in Port Fairy (last 5 years) with land size have a median of $1,146/m² of land (n=51). 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 →

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. Soldprice unknown17 Feb 2022
  2. Listedprice unknowncompleted23 Dec 2021

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

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

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 Toolong Rd →

Listing material

Listed by Stockdale & Leggo Port Fairy

"Karyalea"

This Period style home provides comfortable rural living on the Toolong/Port Fairy border with town amenities only 6km away. The front façade tells a story of a quaint country home with a bullnose veranda, farm style fencing and cottage garden with an abundance of roses.

Along the garden path leads you to a family home with the original section constructed in the early 1900's. It still retains stunning period features throughout which include, pressed metal ceilings, ceiling roses and ornate cornices. Beautiful garden views can be seen from every room in the home which consists of; 3 generous sized bedrooms, BIR's, bathroom and a central hallway following through to the extended kitchen, dining and living zone. There is gas and electric heating and cooling and a second carpeted living space. From the kitchen there is a fantastic large and enclosed art studio which could be utilised for a variety of purposes to suit your needs. There is a good sized laundry, home office and sun room which could offer further options to use as is or could be converted into a fourth bedroom if required. Stunning rural views of a country landscape are to be enjoyed in these sun filled spaces. The property has fruit trees, roses and established Cypress lines the South boundary, as well as a mix of matured natives to the North. There is plenty of rainwater available with two large concrete freshwater tanks along with bore and pump. An open landscape can be overlooked and enjoyed by the unique fireplace in the back garden. It has been built from locally sourced lava rock and on a cool clear evening, it is the perfect place to sit and relax with family and friends. Further on is a lockable garage, chicken coop and renovated Bluestone stables which has brought the history of this old farm back to life. Currently set up as an art gallery, it is again another space which could provide a variety of uses for any buyer and further works could see this as guest accommodation or workshop (STCA). Excellent access to the townships of Port Fairy and Koroit can be trekked along the rail trail or a 25 minute bike ride into Port Fairy and 14km ride to Koroit. Ideal for families and retirees, the delightful hobby farm is on just under three acres and can accommodate a horse, livestock, space for the green thumb to relax and enjoy the farm lifestyle with town.

Listing description written by Sarah McCorkell, Stockdale & Leggo Port Fairy — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Secure Parking
  • Toilets: 1
Districts

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

Research

  • Property search
  • Suburb profiles
  • Blog
  • Calculators
  • Follow suburbs
  • Sign in

Learn

  • How we use data
  • What's covered
  • Questions
  • Who it's for
  • Access

Company

  • About
  • Contact
  • support@districts.com.au

Legal

  • Privacy
  • Terms

© 2026 Districts

districts.com.au

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