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Fairfield

Suburb Profile

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

house
unit
FAIRFIELD ranks 677th in VIC when it comes to estimated capital gains experienced by property investors over the past three years.

The suburb’s capital gain of 4.42% for the past year is lower than average compared to its 35.77% growth within a five-year period.

Also in FAIRFIELD, the median home price is sitting at $1,300,000, and the average rent at $600, this suggests property owners could potentially earn a 2.4% increase in gross rental yield.

Property investors have seen a 1.96% gain in FAIRFIELD based on an increase 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 6.1% growth over a ten-year period. It ranks 921st 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 $1,300,000 $675,000
GROWTH REPORT
Median Quarterly 1.96% 1.12%
Median 12 month 4.42% 8%
Median 3 years -13.33% 55.17%
Median 5 years 35.77% 21.4%
10 years average annual 6.1% 6.63%
Weekly media advert. rent $600 $360
Time on Market 87.8 days 70.1 days
Gross Rental Yield Percent 2.4% 2.77%
demographics (median values)
Total Population
4919
Weekly Household Income
1037
Household Size
2.20
demographics
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