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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 -3.73% for the past year is lower than average compared to its 30.35% growth within a five-year period.

Also in FAIRFIELD, the median home price is sitting at $1,240,000, and the average rent at $570, this suggests property owners could potentially earn a 2.39% increase in gross rental yield.

Property investors have seen a -4.25% 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 5.54% growth over a ten-year period. It ranks 1288th 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 $1,240,000 $651,500
GROWTH REPORT
Median Quarterly -4.25% -1.29%
Median 12 month -3.73% 3.09%
Median 3 years -13.29% 45.75%
Median 5 years 30.35% 17.18%
10 years average annual 5.54% 6.23%
Weekly media advert. rent $570 $360
Time on Market 131.3 days 79.4 days
Gross Rental Yield Percent 2.39% 2.87%
demographics (median values)
Total Population
4919
Weekly Household Income
1037
Household Size
2.20
demographics
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