Districts
SuburbsBlogSearch
|My DistrictsMy AreasSavedAlerts
Sign inGet started
Districts
SuburbsBlogSearch
|My DistrictsMy AreasSavedAlerts
Sign inGet started

VIC › Port Fairy › Gipps St

85 Gipps St, Port Fairy VIC 3284

For saleHouse for Sale

$3,500,000

For sale

Asking

13

Bedrooms

10

Bathrooms

8

Car spaces

1,047 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $3,500,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $3,500,000(Listing record · 6 Oct 2025)
  • FactLand 1,047 m²; no building size recorded.(Property record)
  • CalculationAsk is 300% 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 0.81% — 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

$3,500,000

Asking · $3,343/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

+299.5%

Median sale

Suburb $876,000

-2.42 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
$3,500,000
Stamp Duty (Victoria)
$207,500
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
$3,714,814

$214,814 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
-0.69%
Annual cashflow (pre-tax)
$-206,212
Interest cover (DSCR)
-0.13
Annual rent
$28,288
Operating expenses
$52,500
Loan amount
$2,800,000
Annual interest
$182,000
Gross yield
0.81%

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$3,500,000available6 Oct 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 0.8%. 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 Gipps St →

Listing material

Listed by Stockdale & Leggo Port Fairy

"THE DOUGLAS" Premium Riverfront Property with Endless Potential

Set in one of Port Fairy's most coveted locations, Douglas Riverside offers a rare opportunity to secure a substantial and beautifully positioned property on the banks of the Moyne River-just a short stroll from the town centre and a stone's throw from East Beach.

Comprising three fully self-contained dwellings across approximately 1,047m² of blue-chip riverfront land, this unique property has operated successfully as holiday accommodation for over with the current owners operating for over 45 years. Now offered furnished and with vacant possession, it presents as a residence rather than a business, giving buyers full flexibility to reimagine the space to suit their needs-whether as a grand family home, multi-generational living, or a residence with income-producing potential.

Riverbank House

Read the full description

• 4 bedroom residence

• Two bedrooms with private ensuites, two sharing an ensuite

• Open plan living, dining kitchen

Garden House

• 3 bedroom residence

• Each bedroom with private ensuite

• Open plan living, dining kitchen

Gipps House

• Self-contained first floor: three bedroom, one bathroom apartment with kitchen and living

• Self-contained ground floor: one bedroom, one bathroom apartment with kitchen and living

• Two separate Queen size ensuited bedrooms

Lifestyle & Location

Enjoy the best of Port Fairy from this unbeatable location-with East Beach just over the river, and the town's boutique shops, galleries, and renowned eateries mere metres away. Be captivated by the serenity of the riverside setting while enjoying all the conveniences of in-town living.

Additional Highlights:

• Property sold fully furnished

• Offered as a residence, not a business

• Ideal for large families, dual living, or part home/part holiday accommodation

• Rare flexibility across three distinct dwellings

• Endless potential for personalisation or redevelopment (STCA)

Whether you're seeking a peaceful riverside haven, a large home with guest accommodation, or a part-time income stream, The Douglas is a one-of-a-kind offering with unlimited potential. Private inspections are available by appointment.

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

Property features

  • Toilets: 10

Also look at

Also for sale in Port Fairy

  • U2, 73 Gipps St, Port Fairy VIC 3284

    2-bed house. Asking $1.38M–$1.44M.

    For sale
  • 17 Gipps St, Port Fairy VIC 3284

    5-bed house for sale. Asking $3.5M.

    For sale
  • 6 Willoughby St, Port Fairy VIC 3284

    3-bed house for sale. Asking $550K–$595K.

    For sale
  • 140 Blackwood Rd, Port Fairy VIC 3284

    0-bed land for sale. Asking $31K.

    For sale
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.