3 Victoria Street, Port Fairy, VIC, 3284

Where Location Meets Opportunity

House
Type
3
Bedrooms
1
Bathrooms

Last updated on Saturday, March 07, 2026 ( See property details for 3 Victoria Street, Port Fairy, VIC, 3284)

$1,200,000

Nicole Dwyer Officer in Effective Control
  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A rare coastal opportunity in Port Fairy featuring a large dual-titled allotment with a historic home ready for renovation or redevelopment.

🏑 Property Highlights

  • Prime coastal location overlooking Russell Clark Reserve and Southwest Passage
  • Generous 995m2 allotment on two separate titles
  • Close proximity to Griffiths Island, the Wharf, Moyne River, and East Beach
  • Existing 1940s weatherboard home with significant renovation potential
  • Opportunity for renovation, extension, or complete reimagination (STCA)
  • Ready for development with town water, sewerage, and electricity connected

✨ Key Features

  • Waterfront / Views
  • Open-Plan Living
  • Shed
  • Built-in Robes
  • Outdoor Area
  • Garage / Secure Parking
  • Internal Laundry
  • Ceiling Fans
  • Waterfront / Views
  • Open-Plan Living
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3 Victoria Street
Port Fairy, VIC 3284
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Vertical aerial view β€” 3 Victoria Street
3 Victoria Street — Vertical Aerial  •  Port Fairy, VIC 3284  •  Nearmap © 2026

Port Fairy is a charming coastal town renowned for its stunning beaches, vibrant local culture, and historic charm. The area offers a relaxed lifestyle with easy access to nature, boutique shopping, and excellent dining options. Its tightly held community and scenic surroundings make it a highly desirable location for both lifestyle and investment. The town’s proximity to Griffiths Island and the Moyne River enhances its appeal for outdoor enthusiasts and those seeking a peaceful coastal retreat.

What are the potential uses for the existing home and land?
The property offers opportunities for renovation, extension, or complete redevelopment (STCA), allowing for a custom coastal residence or potential development.
Is the property suitable for future development or subdivision?
Yes, the large 995m2 allotment on two separate titles provides potential for future development or subdivision, subject to council approval.
What amenities are available nearby?
The property is conveniently located near beaches, the town centre with boutique shops, cafΓ©s, restaurants, and outdoor recreational areas like Griffiths Island and Moyne River.
Are there any planning restrictions or covenants?
Development is subject to council approval and compliance with local planning regulations, especially given the property's potential for subdivision or redevelopment (STCA).
What is the condition of the existing home?
The home, built in the 1940s, requires significant renovation but provides a solid foundation for restoration or extension.
Are there any hidden costs associated with subdividing or developing the property? Has the property been assessed for flood or bushfire risks? Are there any existing easements, covenants, or zoning restrictions affecting development? What are the council requirements and approvals needed for renovation or subdivision? Is there any history of structural issues or defects with the existing home? Are there any upcoming planning or construction projects in the area that could impact the property? What are the ongoing costs for maintaining the land and existing structures? Is the property compliant with all local building codes and regulations? Are there any restrictions on future use or modifications to the property? What are the potential costs involved in restoring or redeveloping the property?

3 Victoria Street, Port Fairy, VIC, 3284 - More Details

Where Location Meets Opportunity

Positioned in one of Port Fairy's most tightly held locations, 3 Victoria Street offers a rare opportunity to secure a substantial 995m2 allotment (approx.) comprising two lots on separate titles, overlooking Russell Clark Reserve and the Southwest Passage. The location alone is enough to inspire. Just moments from Griffiths Island, the Wharf and Moyne River, with an easy walk across the footbridge to East Beach, this property places you right in the heart of Port Fairy's coastal lifestyle. The town's boutique shops, cafΓ©s and restaurants are only metres away. Set on the generous block is a 1940s weatherboard home ready for its next chapter. While the home requires significant renovation, it provides a foundation for those with vision looking to restore, extend or completely reimagine the site (STCA). The existing home comprises; Three bedrooms, study / utilities room, bathroom with a separate shower/ WC area, kitchen, living and dining areas, separate laundry area and a 3.6m x 8.6m shed/ store. With town water, sewerage and electricity connected, the property is ready for planning and transformation. We're not hiding the fact that work is required but opportunities like this, in such a prime position with generous land and outstanding potential, are incredibly rare. Whether you renovate the existing home, design a stunning new coastal residence or explore future development possibilities (STCA), this property offers the chance to create something truly special in Port Fairy.
Type
House
Bedrooms
3
Bathrooms
1

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