44 Cox Street, Port Fairy VIC 3284
44 Cox Street, Port Fairy VIC 3284
1926 character house | 647 m² lot | flood zone noted | walkable coastal township | two-bedroom configuration
This property is competitively positioned as a rare circa-1926 character house on a substantial 647 m² lot within a walkable coastal township, where such older homes are increasingly sought after. Its two-bedroom, one-bathroom configuration is best suited to downsizers, heritage-focused buyers, or those seeking a holiday or secondary home that prioritises location and land over bedroom count. The renovation described suggests the structure has been updated while retaining original character, which typically appeals to buyers wanting charm without immediate major works. The large block size relative to the modest floor plan may also offer future flexibility, though any subdivision potential would depend on local zoning and flood constraints.
The flood zone designation is the most material factor that may affect value and sale price, as it could influence insurance costs, financing options, and buyer willingness. The gap between the asking price and any automated estimate suggests the market is weighing the character and land position heavily, but buyers should verify the extent of flood risk and any required mitigation measures. The lack of specified parking may be a practical limitation in a walkable township, and the two-bedroom layout may narrow the buyer pool compared to larger family homes. A full inspection is recommended to assess renovation quality, aspect, and amenity access before forming a price view.
Detailed Independent Property Report prepared by PropCred Analyst team for 44 Cox Street, Port Fairy VIC 3284
Checks found:
Value Risk
2
Liquidity Risk
2
Planning Risk
2
Income Risk
2
Execution Risk
2
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Market Insight
Port Fairy is a coastal town with a stable, mature demographic profile, attracting established professionals and retirees. Demand is underpinned by this demographic seeking lifestyle properties, evidenced by consistent sales activity. The market has recently softened, with prices adjusting from previous highs and properties taking longer to sell, indicating a rebalancing phase. Future interest will likely be sustained by its coastal appeal, though its premium pricing relative to the region presents a sensitivity to broader economic conditions.
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PropCred Estimated Value
Bedrooms
2
Bathroom
1
Parking
-
Land
647m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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