4 Ritchie Court, Port Fairy VIC 3284

4-bed house | 1,084sqm block | Neighbourhood Residential Zone | Port Fairy | 90% owner-occupied court This property offers a rare combination of generous land size and a tightly held court location where 90% of neighbours are owner-occupiers, signalling low turnover and stable demand. The 1,084sqm block in a Neighbourhood Residential Zone provides scope for future garden, shed, or subdivision potential, though not guaranteed. The house serves buyers seeking space, privacy, and a family-oriented street in a coastal town with an aging but settled demographic. Its key strength is the land-to-location ratio, which is increasingly scarce in Port Fairy. The main risk is the asking price sitting above recent estimates, which may reflect seller optimism in a market where 4-bed houses take on average 167 days to sell. The outdated bathroom count from one profile suggests some deferred maintenance or inconsistency in records, requiring due diligence. For a buyer, the opportunity lies in negotiating from a position of low competition in the court, and using the land as a long-term store of value. Hold this property for capital growth driven by land scarcity, not immediate rental yield.