VIC · 3284

Port Fairy

Suburb profile, market snapshot and recent listings for Port Fairy, VIC 3284.

Port Fairy, VIC 3284

About Port Fairy

Welcome to Port Fairy

Port Fairy sits at the mouth of the Moyne River on Victoria's south-west coast, roughly 300 kilometres from Melbourne along the Great Ocean Road's quieter western extension. Built around a historic fishing port, it's one of the best-preserved 19th-century towns in the state, with bluestone cottages, Norfolk Island pines and a working harbour still very much part of daily life.

With a population of just 3,742 and a median age of 51, it's a place that suits people looking for a slower pace — retirees, tree-and-sea-changers, and those after a genuine coastal community rather than a resort strip. It's equally known for the Port Fairy Folk Festival, which each March brings a very different energy to these quiet streets, and for a food and fishing culture that draws visitors well beyond the town's small size.

Lifestyle & dining

Life in Port Fairy revolves around the water — the working fishing fleet moored along the Moyne River, the surf beach, and East Beach's long sweep of sand. The town's cafes and restaurants punch well above their weight for a place this size, with fresh local seafood a constant on menus, and the pubs and small eateries along Sackville and Bank Streets have a relaxed, unhurried feel that regulars return to year after year.

Beyond the folk festival, there's a steady calendar of smaller community events, and the historic streetscape itself is a drawcard, with much of the town heritage-listed and many original cottages and merchant buildings still standing.

Getting around

Port Fairy is well connected by road, sitting just off the Princes Highway between Warrnambool and Portland, making it an easy drive from either regional centre. Coach services link the town to the wider V/Line network, with connections through to Warrnambool for train travel further afield.

Within the town, most things are walkable — the compact grid means the harbour, main shopping strip and beaches are all within easy reach on foot or bike, and neighbouring Rosebrook is just a short drive across the river for those wanting a bit more rural space while staying close to town.

Schools & families

Port Fairy Consolidated School serves local families through to the end of primary years, giving the town a genuine community school feel, with secondary options available in nearby Warrnambool. The town's family base skews older overall, reflected in the median age of 51, but the school and its associated sport and community groups remain a steady anchor for the families who do call Port Fairy home.

Housing & architecture

Housing here is dominated by houses, which make up 75% of current listings, reflecting the town's low-rise, cottage-and-weatherboard character rather than any unit or apartment development. Land sales account for 19% of listings, pointing to some ongoing opportunity for new builds on the town's fringe, while townhouses and apartments each sit at just 3%, underlining how little medium-density stock exists in Port Fairy compared with larger coastal towns.

Architecturally, the town is known for its bluestone and timber heritage buildings, many dating to the 1840s–1860s fishing and port era, and this heritage character heavily shapes what gets built and renovated today.

The property market

The median house price in Port Fairy currently sits at $850,000, with median rents at $500 a week. Recent figures show a modest pullback in prices, down 1.2%, suggesting the market has eased slightly after the stronger coastal demand of recent years, though this needs to be read against the town's small size and low transaction volumes, where a handful of sales can move the median noticeably.

For buyers, the market remains overwhelmingly house-focused, with limited alternatives in townhouses or apartments, so anyone after lower-maintenance coastal living may find fewer options than in bigger regional centres. The presence of land listings suggests some scope for those wanting to build rather than buy established.

Market snapshot

Port Fairy property market

Median price ranks #1,928 of 3,797 suburbs · pricier than 49%
Bedrooms

Median sale price

$850k

House · 3 bed

Median rent

$500

per week

Gross rental yield

3.1%

annual rent ÷ sale price

Typical price range

Entry

$595k

Median

$850k

Premium

$1.69m

Days on market

152

Auction clearance

0%

Sold this year

27

Median sold price trend · House 3 bed

Compound growth -0.7% / yr over 4 yrs

Median price by bedrooms · House

Property types on market

Share of current listings in Port Fairy by dwelling type.

House75%
Land19%
Apartment / Unit3%
Townhouse3%

Who lives here

Demographics

ABS Census 2021 figures for Port Fairy, VIC 3284.

Population

3,742

residents (2021)

Median age

51

years

Household income

$1,450

median, per week

Median rent

$300

per week

Median mortgage

$1,733

per month

Mortgage / income

28%

comfortable

Source: Australian Bureau of Statistics, Census of Population and Housing 2021. Suburb-level (SAL) aggregates.

Education

Schools in Port Fairy

Government school catchment

Port Fairy Consolidated School

Prep-6CoEdGovernment
Visit school website →

Recent results

Recently sold in Port Fairy

$890k

5 Tieman Street

house4 bd · 2 ba · 2 car

Sold ~July 2026

$650k

5 Albert Street

land

Sold ~July 2026

$565k

141 Princes Highway

house3 bd · 1 ba · 1 car

Sold ~July 2026

$695k

2 Baulch Crescent

house3 ba · 2 car

Sold ~June 2026

$645k

2/3 Mandeville Court

apartment2 bd · 1 car

Sold ~June 2026

$895k

1 Martin Laurence Place

house3 bd · 2 ba · 2 car

Sold ~June 2026

$890k

8 Earle

house3 bd · 1 ba · 1 car

Sold ~June 2026

$900k

40 Albert Street

house3 bd · 2 ba · 3 car

Sold ~June 2026

Sold prices as published on the original listing; some may reflect the last advertised price. Dates are approximate.

Explore the area

Properties & amenities in Port Fairy

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Compare the area

Price map around Port Fairy

Every listing for sale near Port Fairy, coloured by price — so you can see how it stacks up against the streets and suburbs next door.

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Common questions

Port Fairy suburb FAQ

What is the median property price in Port Fairy?

The median house price in Port Fairy, VIC is $850k for a 3-bedroom home. Over the past year, median sold prices have fallen about 1.2%.

How much is rent in Port Fairy?

The median weekly rent in Port Fairy is around $500 per week.

Is Port Fairy a good place to live?

Port Fairy is a town in south-western Victoria, Australia. Port Fairy is an established residential suburb in VIC, with a population of around 3,742 and 1 school in the area.

What is the population of Port Fairy?

Port Fairy has a population of 3,742 (ABS 2021 Census), with a median age of 51.

What schools are in Port Fairy?

There is 1 school in or near Port Fairy, including Port Fairy Consolidated School.

How long do homes take to sell in Port Fairy?

Properties in Port Fairy take around 152 days to sell on average, with an auction clearance rate of about 0%.

How much do you need to buy in Port Fairy?

Entry-level properties in Port Fairy start around $595k, while premium homes reach $1.69m.

What suburbs are near Port Fairy?

Suburbs near Port Fairy include Rosebrook.

Available now

Properties in Port Fairy

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For Sale
$785k–$825k
house

Coastal Living Just Steps from the Sand

3 Reardon Street, Port Fairy VIC 3284
334506 m²
Gleeson Real Estate3 weeks ago
Ask AI about this property
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For Sale
$970,000
house

Contemporary Coastal Living Just Steps from Pea Soup Beach

7 Mills Crescent, Port Fairy VIC 3284
32554 m²
Stockdale & Leggo Port Fairy4 weeks ago
Ask AI about this property
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For Sale
$1.08m
house

Where Location Meets Opportunity

3 Victoria, Port Fairy VIC 3284
31995 m²
Stockdale & Leggo Port Fairy3 months ago
Ask AI about this property
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For Sale
$2.60m
house

Absolute Oceanfront Luxury with Direct Beach Access

21 Thistle Place, Port Fairy VIC 3284
3226323 m²
Lockett Real Estate3 months ago
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For Sale
$5.40m
house

Beautiful beachfront haven with sweeping views of Port Fairy Bay and beyond

Lot 1/20 Griffiths Street, Port Fairy VIC 3284
4341572 m²
Property Now3 months ago
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For Sale
$1.50m
house

Timeless Charm on a Grand Allotment in the Heart of Port Fairy

72 Princes Highway, Port Fairy VIC 3284
414058 m²
Stockdale & Leggo Port Fairy2 months ago
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For Sale
$685,000
house

Opportunity, Potential and Position

130 Regent Street, Port Fairy VIC 3284
313809 m²
Lockett Real Estate2 weeks ago
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For Sale
$1.05m
house

Spacious family home in a beautiful seaside town

38 Dyson Street, Port Fairy VIC 3284
422917 m²
For Sale By Owner3 months ago
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For Sale
$795,000
house

Central Cottage - Investment or home

1/35 James Street, Port Fairy VIC 3284
211207 m²
Stockdale & Leggo Port Fairy3 months ago
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For Sale
$1.45m
house

Own a Landmark in the Heart of Port Fairy

29 Bank Street, Port Fairy VIC 3284
4121428 m²
Gleeson Real Estate3 months ago
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Image 1
For Sale
$600,000
house

Home with potential

9 Uebergang Street, Port Fairy VIC 3284
312604 m²
Lockett Real Estate3 months ago
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For Sale
$660k–$690k
apartment

Low-Maintenance Port Fairy Townhouse with Cathedral Ceilings & Private Courtyard

UNIT 2/23 Tieman Street, Port Fairy VIC 3284
212368 m²
Property Now3 months ago
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