Port Fairy vs Werribee South
Property investment comparison - Port Fairy, VIC 3284 vs Werribee South, VIC 3030
Head-to-head across core investment metrics: Port Fairy wins 2, Werribee South wins 2. The better choice depends on whether you're optimising for cash flow, growth, affordability, or liquidity, the table below highlights the winner on each metric.
| Metric | Port Fairy | Werribee South |
|---|---|---|
| Median house price | $860K | $850K |
| Median unit price | - | $410K |
| Gross rental yield (houses) | 3.27% | 3.52% |
| Gross rental yield (units) | 2.97% | - |
| 1-year house growth | +11.8% | -6.6%estimate |
| 3-year house growth | -5.8% | - |
| Vacancy rate | 0.8% | 1.6% |
| Population | 3,742 | 2,392 |
Port Fairy vs Werribee South: what the numbers say
The median house price is $860K in Port Fairy and $850K in Werribee South, so Werribee South is the cheaper entry point, with Port Fairy houses about 1% dearer.
On cash flow, Werribee South leads: houses there return a gross rental yield of 3.52%, compared with 3.27% in Port Fairy, a gap of 0.25 percentage points.
Over the past year house prices moved +11.8% in Port Fairy and -6.6% in Werribee South (an estimate), so recent momentum favours Port Fairy, while Werribee South went backwards.
Rental vacancy is 0.8% in Port Fairy and 1.6% in Werribee South, so landlords in Port Fairy face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Port Fairy is the bigger suburb, with a population of 3,742 against 2,392, larger than Werribee South; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Werribee South for rental income, Werribee South for a lower purchase price, Port Fairy for recent price momentum, Port Fairy for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.
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Werribee South, VIC 3030
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