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Apartment

2/2 Fraser Drive

Aireys Inlet VIC 3231, Australia

- Bedrooms
- Bathrooms
- Parking
6669 m² Land size
- Internal area

About this property

yardizepropertyrecord
2/2 Fraser Drive is in Aireys Inlet, VIC and is presented as an Apartment with land size of 1.65 acres (≈6,669 m²). 2/2 Fraser Drive in Aireys Inlet is a residential unit/apartment situated on a 1.65-acre (≈6,669 m²) parcel within the Surf Coast Shire The estimated market value is $680,000 and the estimated weekly rent is $525 per week

Also written as Unit 2, 2 Fraser Drive.

Key details

Locality
Aireys Inlet
State
VIC
Coordinates
38.45899056 / 144.10821942
GNAF PID
GAVIC410727264
Legal parcel ID
1\PS338722
Remoteness area
Regional
Property type
Apartment
Unit land size
6669 m²
Unit internal area
-
Internet
FTTN (Fibre‑to‑the‑Node) connection, reliable (as of Aug 2024)
Bushfire risk
Present (Bushfire Management risk – Schedule 1)
Flood risk
None detected
Heritage overlay
None detected
Land Use Category
Residential

Commercial property information

Community Garden 3231 Inc.
Community garden
Community Garden
Verified at this address

Registered at 2 Fraser Drive; excluded from the affordable‑housing lease.

Community‑run garden providing local residents with shared horticultural space.
Observed facts
Address
2 Fraser Drive, Aireys Inlet VIC 3231
Community Garden 3231 Inc. registration PDF

Market estimates

Based on curated rent estimate, web rent evidence, web value evidence.

Expected weekly rent
$525
Expected property value
$680,000
Estimated yield
4.01%
Confidence
Medium

Based on the comparable property evidence currently available.

Property insights

Development timeline

September 2022 – November 2022: Initial community engagement. February 2023 – May 2023: Community co‑design process. June 2023 – March 2024: Finalised concept design. May 2024: Council endorsed the concept. 6 June 2024 – 4 July 2024: Public exhibition of lease agreement; community submissions received. 27 August 2024: Council approved the 50‑year lease to Housing Choices Australia. September 2024 onward: HCA seeks funding for detailed design and construction Yoursay.surfcoast.vic.gov.au Tooraktimesgeelong.com.au

Real Estate Agencies

Ordered by:
Richardson Real Estate - Colac
Great Ocean Properties
Moonah Real Estate
Great Ocean Road Real Estate - Aireys Inlet
Surf Coast Realestate - Anglesea

Nearby schools

Type:
Ordered by:
Aireys Inlet Primary School
0.2 km
Primary school | Government
Anglesea Primary School
10.0 km
Primary school | Government
Lorne - Aireys Inlet P-12 College
14.7 km
Combined school | Government
Deans Marsh Primary School
18.0 km
Primary school | Government
Bellbrae Primary School
19.3 km
Primary school | Government
Anglesea Kindergarten
8.2 km
Lorne Kindergarten
14.9 km
* Approximate straight-line distances

Frequently asked questions

How many bedrooms, bathrooms, parking spaces, or other key details are listed?

2/2 Fraser Drive is described with land size of 1.65 acres (≈6,669 m²)

Yoursay.surfcoast.vic.gov.au
Which local government area administers the property?

The parcel is within Surf Coast Shire, Victoria

Tooraktimesgeelong.com.au
What is the lease arrangement for the land at 2 Fraser Drive?

The land is leased to Housing Choices Australia for 50 years at an annual fee of $1, with the lease covering existing social‑housing dwellings and future affordable homes

Tooraktimesgeelong.com.au Yoursay.surfcoast.vic.gov.au
When was the 50‑year lease for the site approved?

Council formally approved the lease on 27 August 2024

Tooraktimesgeelong.com.au Yoursay.surfcoast.vic.gov.au
What major tourist attraction is located near Aireys Inlet?

Split Point Lighthouse, an iconic coastal landmark featured in television shows, is located close to Aireys Inlet

En.wikipedia.org
What kind of property is this?

2/2 Fraser Drive is listed as Apartment in Aireys Inlet, VIC

Yoursay.surfcoast.vic.gov.au
What Calculated market estimate or Estimated weekly rent is available?

The calculated market estimate is $680,000, the calculated weekly rent is $525 per week, and the indicative gross yield is 4.01%

Yoursay.surfcoast.vic.gov.au
What utilities, overlays, or risk details are noted?

Utilities and overlays include overlay details of bushfire Present (Bushfire Management risk – Schedule 1) and flood None detected

Yoursay.surfcoast.vic.gov.au

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