VIC/
Fairfield

Suburb Profile

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

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FAIRFIELD ranks 114th in VIC when it comes to estimated capital gains experienced by property investors over the past three years.

The suburb’s capital gain of 7.12% for the past year is lower than average compared to its 89.4% growth within a five-year period.

Also in FAIRFIELD, the median home price is sitting at $1,430,000, and the average rent at $600, this suggests property owners could potentially earn a 2.18% increase in gross rental yield.

Property investors have seen a -0.69% 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 8.15% growth over a ten-year period. It ranks 498th on our list of suburbs that property investors should look into.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $1,430,000 $446,001
GROWTH REPORT
Median Quarterly -0.69% -0.22%
Median 12 month 7.12% -20.57%
Median 3 years 54.59% -11.17%
Median 5 years 89.4% 16%
10 years average annual 8.15% 5.19%
Weekly media advert. rent $600 $330
Time on Market 45.2 days 71.9 days
Gross Rental Yield Percent 2.18% 3.85%
demographics (median values)
Total Population
4919
Weekly Household Income
1037
Household Size
2.20
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Capital Gains Tax (CGT) Calculator

Fairfield, VIC
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