50 William Street, Port Fairy VIC 3284
50 William Street, Port Fairy VIC 3284
Central coastal walkable lot | Updated kitchen with stone island | Two bathrooms for a two-bedroom house | Two-car parking on a compact site | No building age disclosed
This property occupies a compact 473-square-metre lot within easy walking distance of Port Fairy’s shopping precinct, a location that favours owner-occupiers and downsizers seeking a low-maintenance coastal base. The open-plan kitchen, dining, and living area with stone benchtops, an island bench, and a dishwasher suggests a finish standard above basic legacy housing stock, while the two bathrooms and two car spaces are uncommon in a two-bedroom dwelling of this size. The configuration aligns with a more modern or recently renovated home, though the building age is not confirmed, and it is best suited to buyers prioritising convenience and turnkey condition over expansive outdoor space.
The absence of verified building age, aspect, and private open-space quality means the property’s value may hinge on inspection findings rather than listing claims. A central location can trade off privacy or traffic exposure, and the lack of rental evidence or school catchment data leaves yield and family appeal unverified. The $892,000 estimate and $740,000 listing figure suggest a wide price perception gap; a buyer should weigh the updated interior against the small lot and unknown structural condition when forming a view on price.
Detailed Independent Property Report prepared by PropCred Analyst team for 50 William Street, Port Fairy VIC 3284
Checks found:
Value Risk
1
Liquidity Risk
1
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
2
Parking
2
Land
473m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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