Thinking about buying in Fairfield? Now could not be a better time, with 4530 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $1,467,000 with prices in this suburb ranging from $298,000 to $10,352,000. Fairfield is located fairly close to the coast at just 5Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.
Median Weekly Rent | $516.83 |
Median Monthly Mortgage | $2534.00 |
Median Persons Per Bedroom | 0.87 |
Average Household Size | 2.50 |
Average Age | 41.33 |
Average Income | $1377.50 |
Average Cars Per Dwelling | 1.58 |
Average Properties Within 50M | 41 |
1 Bed  $493,000 |
2 Bed  $1,135,000 |
3 Bed  $2,067,000 |
4 Bed  $2,770,000 |
5 Bed  $3,775,000 |
6 Bed+$2,378,000 |
In Fairfield there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. High average incomes in Fairfield ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. The high percentage of professional people in Fairfield classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. Medium density in Fairfield necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.
UNIT 105, 62-64 STATION ST, FAIRFIELD, VIC, 3078 | 2 | 2 | 1 | For Sale $585,000 | |
UNIT 7, 56 ARTHUR ST, FAIRFIELD, VIC, 3078 | 3 | 2 | 1 | Auction $600,000 - $650,000 | |
UNIT 2, 208 ARTHUR ST, FAIRFIELD, VIC, 3078 | 2 | 1 | 1 | Auction $750,000 - $800,000 | |
UNIT 39, 262 HEIDELBERG RD, FAIRFIELD, VIC, 3078 | 2 | 1 | 1 | EOI $800,000 - $875,000 | |
UNIT 1, 152 GILLIES ST, FAIRFIELD, VIC, 3078 | 2 | 1 | 1 | Auction $1,200,000 - $1,300,000 | |
UNIT 2, 270 MITCHELL ST, FAIRFIELD, VIC, 3078 | 2 | 1 | 1 | Auction $1,400,000 - $1,500,000 | |
UNIT 118, 44 GILLIES ST, FAIRFIELD, VIC, 3078 | 4 | 2 | 2 | EOI $500,000 - $550,000 | |
UNIT 1, 205 GILLIES ST, FAIRFIELD, VIC, 3078 | 4 | 2 | 2 | Private Sale $2,250,000 | |
UNIT 4, 203 STATION ST, FAIRFIELD, VIC, 3078 | 2 | 1 | 1 | $525,000 - $550,000 | |
23 CHINGFORD ST, FAIRFIELD, VIC, 3078 | 3 | 1 | 4 | $1,195,000 | |
448 HEIDELBERG RD, FAIRFIELD, VIC, 3078 | Contact Agent |
Fairfield Primary School
St Anthony's School
Spensley Street Primary School
Sophia Mundi Steiner School
Distance Education Centre Victoria
Holy Spirit School
St Paul's College Kew
St Bernadette's School
Alphington Primary School
Westgarth Primary School
(While the above schools are located with the suburb of Fairfield there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 1.5 | 16.4 | 27.0 | 42.8 | 86.8 | 2.9 | 23.8 |
Feb | 1.0 | 15.9 | 25.8 | 44.4 | 86.5 | 2.7 | 20.3 |
Mar | 1.1 | 14.5 | 24.1 | 45.4 | 88.1 | 2.5 | 15.6 |
Apr | 2.0 | 12.1 | 20.8 | 48.0 | 90.9 | 2.4 | 10.6 |
May | 1.6 | 10.0 | 17.7 | 52.3 | 89.4 | 2.9 | 7.8 |
Jun | 1.3 | 7.7 | 15.0 | 59.8 | 93.7 | 2.5 | 6.9 |
Jul | 1.3 | 7.8 | 14.4 | 56.9 | 89.5 | 3.3 | 7.4 |
Aug | 1.6 | 7.8 | 15.1 | 51.2 | 89.3 | 3.0 | 10.0 |
Sept | 1.4 | 9.3 | 17.7 | 46.1 | 88.9 | 3.1 | 14.0 |
Oct | 1.4 | 11.1 | 21.1 | 42.8 | 89.3 | 3.2 | 18.3 |
Nov | 1.8 | 12.5 | 22.4 | 43.4 | 88.6 | 2.9 | 20.8 |
Dec | 2.0 | 14.6 | 24.8 | 43.5 | 88.6 | 2.8 | 24.0 |
source: Australian Government Bureau of Meteorology
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