Profile for Fawkner

3060

Fawkner is located 12 km north of the CBD. Bounded by the Hume Highway in the west and the Merri Creek in the east Fawkner is an important industrial centre in Melbourne's north. Manufacturing has traditionally been the main local employment source but the numbers working in this sector has decreased substantially over the last twenty years. Like a number of suburbs in this part of Melbourne the population has decreased and aged significantly over the 1981-1996 period. Fawkner has more than 20% of its population born in Italy which is the highest in Melbourne.

Recent Sales & Auction Results in Fawkner

Address Price Type Method Sale Date Agent
Property List
42 Lowson St, Fawkner 3 House (Res) Passed in at Auction 18/08/2018 Ray White Coburg
258 Mcbryde St, Fawkner 3 House (Res) Passed in Vendor Bid 18/08/2018 Nelson Alexander
5/14-16 Preston St, Fawkner 2 Townhouse (Res) Passed in at Auction 18/08/2018 Ray White Glenroy
35 Winn Gr, Fawkner 4 House (Res) Auction Sale 18/08/2018 Barry Plant
7 Wurruk St, Fawkner 3 House (Res) Auction Sale 18/08/2018 Barry Plant
15 Boston St, Fawkner 3 House Sold Before Auction 16/08/2018 Ray White Coburg
39 Lynch Rd, Fawkner 3 Townhouse (Res) Auction Sale 18/08/2018 Barry Plant

Median data for June 2018 Quarter. Click here for details.

Median Sale Price

$750k

Metro Melbourne

$840k

Quarterly Price Change

1.4%

Metro Melbourne

-0.6%

Median Rent

$400

Metro Melbourne

$440

Rental Yield

2.8%

Metro Melbourne

2.8%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate 81.3% 60.6%
Days on Market 31 35
Median price by Bedrooms Suburb Metro
2 Bedrooms n/a $900,000
3 Bedrooms $735,500 $740,000
4 Bedrooms $836,000 $870,000

Rental Data

Median rent by Bedrooms Suburb Metro
2 Bedrooms n/a $466
3 Bedrooms $391 $410
4 Bedrooms $450 $470

Median data for June 2018 Quarter. Click here for details.

Median Sale Price

$510k

Metro Melbourne

$604k

Quarterly Price Change

12.6%

Metro Melbourne

0.5%

Median Rent

$380

Metro Melbourne

$420

Rental Yield

3.9%

Metro Melbourne

3.7%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate 81.3% 60.6%
Days on Market 31 35
Median price by Bedrooms Suburb Metro
1 Bedroom n/a $376,000
2 Bedrooms $435,000 $570,000
3 Bedrooms $622,500 $765,000

Rental Data

Median rent by Bedrooms Suburb Metro
1 Bedroom n/a $360
2 Bedrooms $360 $430
3 Bedrooms n/a $515

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