Powered by MOMENTUM MEDIA
Fairfield
AREA REPORTS

Fairfield

Fairfield - SUBURB PROFILE REPORT
POSTAL CODE: VIC, 3078

house
unit
FAIRFIELD ranks 632nd in VIC when it comes to estimated capital gains experienced by property investors over the past three years.

The suburb’s capital gain of 20.77% for the past year is higher than average compared to its 30.94% growth within a five-year period.

Also in FAIRFIELD, the median home price is sitting at $1,570,000, and the average rent at $625, this suggests property owners could potentially earn a 2.07% increase in gross rental yield.

Property investors have seen a 6.44% gain in FAIRFIELD based on an increase in median home prices for the past three months.

They believe that homeowners and real estate investors betting on FAIRFIELD, 3078 can rest assured about this VIC suburb's performance. The suburb saw median home prices rise by 20.77%.

A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 6.87% growth over a ten-year period. It ranks 1088th on our list of suburbs that property investors should look into.

Data report can be found below

Fairfield
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $1,570,000 $646,500
GROWTH REPORT
Median Quarterly 6.44% 2.89%
Median 12 month 20.77% -1.9%
Median 3 years 13.56% 24.63%
Median 5 years 30.94% 17.97%
10 years average annual 6.87% 5.73%
Weekly media advert. rent $625 $350
Time on Market 66.1 days 66.7 days
Gross Rental Yield Percent 2.07% 2.82%
demographics (median values)*
Total Population
11638
Weekly Household Income
1856
Household Size
2.40
Age
36
Monthly Loan Repayment
2050
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
select a category
Age group
Top 10 Birth Countries
Dwelling Structures
Education
Household Income
Labour Force
Marital Status
Occupation
Religious Affiliation
Tenure Type

Get the latest news & updates

Join a community of over 100,000 property investors.

Check this box to receive podcast updates

Related Articles


Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.