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Fairfield
AREA REPORTS

Fairfield

Fairfield - SUBURB PROFILE REPORT
POSTAL CODE: QLD, 4103

house
unit

Property investors enjoyed capital gains of 12.2% over the last 12 months in FAIRFIELD, translating to lower returns compared with its peers in QLD.

A survey of average capital gains or median home price increase in suburbs across the country shows that the QLD suburb obtained a 4.08% growth over a ten-year period. It ranks 2475th on our list of suburbs that property investors should look into.

FAIRFIELD, 4103 has a capital gain of 12.2% for the past year, which is higher than average compared to its 26.74% growth within a five-year period.

With the median home price in FAIRFIELD sitting at $855,500, and the average rent at $522.5, property owners could potentially earn a 3.18% increase in gross rental yield.

Figures from the previous quarter show that capital gains for real estate buyers in FAIRFIELD are low, as opposed to average gains per annum over the past five years.

FAIRFIELD, 4103 in QLD belongs to the local government area of Brisbane (C).

Data report can be found below

Fairfield
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $855,500 $458,500
GROWTH REPORT
Median Quarterly 2.76% -2.45%
Median 12 month 12.2% 5.4%
Median 3 years 20.94% 4.32%
Median 5 years 26.74% 4.86%
10 years average annual 4.08% 1.84%
Weekly media advert. rent $522.5 $377.5
Time on Market 34.3 days 66.7 days
Gross Rental Yield Percent 3.18% 4.28%
demographics (median values)*
Total Population
2583
Weekly Household Income
1088
Household Size
2.40
Age
33
Monthly Loan Repayment
1387
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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