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54 Bank Street, Port Fairy$830,000
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For Salehouse

54 Bank Street

Port Fairy, VIC 3284, Australia
$830,000
2 bed 1 bath 1 car123 m²

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About this property

Discover the perfect blend of business and leisure with this versatile property, ideally positioned on the corner of Bank and Grant Street, Port Fairy. The street-facing office or studio space is ideal for entrepreneurs, creatives, or boutique-style businesses looking to establish a presence in this vibrant coastal town. Complete with a small kitchen, storage area, and separate toilet, the office provides all the practical features needed for a professional setup and with a flexible layout to suit a variety of business or creative needs. Set behind the office, the two-bedroom cottage is accessed separately from the rear, offering privacy for guests or tenants. The ground floor features open plan living, with timber kitchen, separate toilet and European laundry. Both bedrooms are located upstairs and share a luxurious bathroom, while the cottage itself features dormer windows, timber-lined walls, and reverse cycle heating and cooling on both levels for year-round comfort. A designated off-street car space adds further convenience. Centrally located, this property is just a short stroll from Port Fairy's charming pubs, restaurants, and boutique shops, making it ideal for both lifestyle and business opportunities. The well-established holiday rental has consistently attracted visitors, providing a reliable income stream for those wanting to continue Airbnb. The Cottage could also be utilised as a permanent rental or home with separate office/shop front. This property offers a rare opportunity to live, work, and earn in one of Victoria's most picturesque coastal towns, combining functionality, charm, and proven income potential.

Property Details

Property Type
house
Listing Type
For Sale
Bedrooms
2
Bathrooms
1
Parking
1
Land Area
123 m²
Listed
3 months ago

Repayment calculator

$4,024/month
$2,012 /fortnight
Loan $664,000 at 6.10% over 30 years

Upfront costs

Deposit$166,000
Stamp duty$44,870
Conveyancing (est.)$2,000
Total upfront$212,870
Verify with VIC revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Port Fairy

This 2-bedroom house in Port Fairy, VIC 3284 sits within reach of and nearby schools. It is listed 7% below the $890,000 median of 83 comparable houseswithin 5 km.

Schools near Port Fairy

  • Port Fairy Consolidated Schoolprimary · Prep-6 · CoEd

Port Fairy at a glance

Full suburb profile
Population
3,742
Median age
51
Household income
$1,450/wk
Median rent
$300/wk
Median mortgage
$1,733/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Port Fairy price trend

Median sold · House 2 bed

Compound growth -1.9% / yr over 4 yrs

$645kcurrent median

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