Fairfield

POSTAL CODE: QLD, 4103
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Property investors enjoyed capital gains of 6.82% 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 7.09% growth over a ten-year period. It ranks 1867th on our list of suburbs that property investors should look into.

FAIRFIELD, 4103 has a capital gain of 6.82% for the past year, which is lower than average compared to its 53.59% growth within a five-year period.

With the median home price in FAIRFIELD sitting at $1,175,000, and the average rent at $650, property owners could potentially earn a 2.88% 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.

Surburb overview

Fairfield is a serene riverside suburb located approximately 5.8 kilometres south of Brisbane's Central Business District (CBD). This well-established suburb is known for its lush green spaces, quiet streets, and proximity to the Brisbane River. According to the 2021 census, Fairfield had a population of 3,106 people. 

Fairfield is well-connected to public transport, with Fairfield train station on the line to Beenleigh. The leading bus service is the 196, which runs every 15 minutes during the day and commences at Fairfield Gardens. During the morning peak, the 107 and 108 bus services are also available. There is also a taxi rank. 

The suburb offers various amenities, including Fairfield Gardens Shopping Centre, which offers multiple retail options. Additionally, Fairfield is close to several hospitals, including Princess Alexandra Hospital, Mater, Queensland Children's, and Greenslopes Private Hospital. 

Fairfield boasts several parks and sporting clubs, providing residents with ample opportunities for outdoor activities. The suburb's proximity to the Brisbane River allows for riverside walks and access to the Eleanor Schonell Bridge, which connects to the University of Queensland's St Lucia campus. 

As of recent reports, the median property price for a house in Fairfield is approximately $1,117,500, with an annual capital growth of 12.88%. Rental yields for houses are currently around 3.43%, with a median rent of $650 per week. 

Fairfield's blend of suburban charm, proximity to the CBD, and comprehensive amenities make it a desirable residential suburb in Brisbane. 

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