Profile for Fairfield

3078

Fairfield is located 6 km north-east of the CBD. Fairfield is a mixed use suburb located in Melbourne's inner north-eastern suburbs bounded by the Yarra River in the south. The southern areas are dominated by parklands while the north-east of the suburb has a small industrial belt. The area has a young population with more than half aged between 18 and 49 and has a high proportion of one and two person households. Farfield also features the Yarra Bend Park Yarra Bend Public Golf Course and a small commercial district on Station St.

Recent Sales & Auction Results in Fairfield

Address Price Type Method Sale Date Agent
Property List
8 Lily St, Fairfield 3 House (Res) Auction Sale 16/09/2017 Domain & Co
10 Rayment St, Fairfield 3 House Sold Before Auction 11/09/2017 Mcgrath Northcote

Median Sale Price

$1.5mil

Metro Melbourne

$822k

Annual Price Change

11.2%

Metro Melbourne

10.3%

Median Rent

$595

Metro Melbourne

$420

Rental Yield

2.2%

Metro Melbourne

2.8%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate n/a 75.6%
Days on Market 32 29
Median price by Bedrooms Suburb Metro
2 Bedrooms n/a $860,500
3 Bedrooms $1,375,000 $697,250
4 Bedrooms $1,700,000 $806,200

Rental Data

Median rent by Bedrooms Suburb Metro
2 Bedrooms n/a $430
3 Bedrooms $590 $400
4 Bedrooms $950 $451

Median Sale Price

$681k

Metro Melbourne

$607k

Annual Price Change

33.7%

Metro Melbourne

7.8%

Median Rent

$330

Metro Melbourne

$305

Rental Yield

2.7%

Metro Melbourne

2.8%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate n/a 75.6%
Days on Market 32 29
Median price by Bedrooms Suburb Metro
1 Bedroom n/a $362,500
2 Bedrooms $656,000 $539,000
3 Bedrooms n/a $730,000

Rental Data

Median rent by Bedrooms Suburb Metro
1 Bedroom $290 $350
2 Bedrooms $385 $420
3 Bedrooms $600 $500

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