AREA REPORTS

Fairfield

VIC/
Fairfield

Suburb Profile

Fairfield - FREE SUBURB PROFILE REPORT
POSTAL CODE: VIC,3078

house
unit
FAIRFIELD ranks 215th in VIC when it comes to estimated capital gains experienced by property investors over the past three years.

The suburb’s capital gain of -3.66% for the past year is lower than average compared to its 73.9% growth within a five-year period.

Also in FAIRFIELD, the median home price is sitting at $1,382,500, and the average rent at $585, this suggests property owners could potentially earn a 2.2% increase in gross rental yield.

Property investors have seen a -3.32% drop in FAIRFIELD based on a decrease in median home prices for the past three months.

A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 8.33% growth over a ten-year period. It ranks 386th on our list of suburbs that property investors should look into.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $1,382,500 $440,000
GROWTH REPORT
Median Quarterly -3.32% 2.74%
Median 12 month -3.66% -1.57%
Median 3 years 44.01% -6.38%
Median 5 years 73.9% 7.58%
10 years average annual 8.33% 4.66%
Weekly media advert. rent $585 $345
Time on Market 47.7 days 46.5 days
Gross Rental Yield Percent 2.2% 4.08%
demographics (median values)
Total Population
4919
Weekly Household Income
1037
Household Size
2.20
demographics
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