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VIC › Port Fairy › Willoughby St

9A Willoughby St, Port Fairy VIC 3284

For saleHouse for Sale

$605,000

For sale

Asking

3

Bedrooms

2

Bathrooms

0

Car spaces

386 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $605,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $605,000(Listing record · 21 Nov 2025)
  • FactLand 386 m²; no building size recorded.(Property record)
  • CalculationAsk is 31% below 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 4.68% — 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

$605,000

Asking · $1,567/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

-30.9%

Median sale

Suburb $876,000

+1.45 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
$605,000
Stamp Duty (Victoria)
$31,370
Transfer/Registration Fee
$1,520
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
$641,590

$36,590 on top of the price (6.0% 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
3.18%
Annual cashflow (pre-tax)
$-12,247
Interest cover (DSCR)
0.61
Annual rent
$28,288
Operating expenses
$9,075
Loan amount
$484,000
Annual interest
$31,460
Gross yield
4.68%

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$605,000available21 Nov 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. No recorded off-street parking — often a discount versus the suburb median for the same beds.

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 4.7%. 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 Willoughby St →

Listing material

Listed by For Sale By Owner

3 bedroom house OR 2 units

Charming Character Home in Private Location

Charming Character Home with a twist

Located in the beautiful village of Port Fairy on a quiet and private allotment close to schools and south beach, this character home has loads to offer the astute purchaser.

Read the full description

Comprising three bedrooms, two bathrooms and two living areas, this two-storey home can be utilized as a family home or separated into two apartments, each with their own private entrance.

Downstairs offers one bedroom, open living and kitchen area and separate bathroom. Upstairs comprises two bedrooms, living room, bathroom and a kitchenette (currently serving as a laundry but easily converted).

Upstairs and downstairs balconies offer plenty of space to relax and watch the world go by and the low maintenance gardens will ensure that you have plenty of time to enjoy the Port Fairy coastal lifestyle.

This property offers plenty of options - it would be perfect as your very own character-filled home, as a 'set and forget' low maintenance holiday home or, it could be operated as two separate Airbnb's for those seeking an investment opportunity. Or, live in one apartment and create an income out of the second apartment. The choice is yours!

If you have been looking for that special property with bucketloads of charm, then this could be just right for you.

Other features include:

Two new split air systems

Small low maintenance block (386 sqm) in private location

The property come partially furnished

One kilometre from the beautiful South Beach

Short walk to town

All legalities will be handled by Taits lawyers Warrnambool and Port Fairy (from our side)

A section 32 is available on request

The Phone Code for this property is: 24753. Please quote this number when phoning or texting.

Disclaimer:

Whilst every care has been taken to verify the accuracy of the details in this advertisement, For Sale By Owner (forsalebyowner.com.au Pty Ltd) cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters.

Listing description written by For Sale By Owner (VIC), For Sale By Owner — reproduced as published, not verified by Districts.

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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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