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
31 Major Rd, Fawkner 3 House (Res) Auction Sale 14/10/2017 Stockdale & Leggo Glenroy
34 Marlborough St, Fawkner 3 House Passed in at Auction 14/10/2017 Brad Teal
22 Sandra Av, Fawkner 3 House (Res) Auction Sale 14/10/2017 Brad Teal

Median Sale Price

$710k

Metro Melbourne

$822k

Quarterly Price Change

-4.7%

Metro Melbourne

2.9%

Median Rent

$375

Metro Melbourne

$420

Rental Yield

2.9%

Metro Melbourne

2.8%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate n/a n/a
Days on Market 30
Median price by Bedrooms Suburb Metro
2 Bedrooms $626,500 $860,500
3 Bedrooms $660,000 $697,250
4 Bedrooms $695,000 $806,200

Rental Data

Median rent by Bedrooms Suburb Metro
2 Bedrooms $350 $430
3 Bedrooms $375 $400
4 Bedrooms $435 $451

Median Sale Price

$551k

Metro Melbourne

$607k

Quarterly Price Change

43.1%

Metro Melbourne

4.3%

Median Rent

$370

Metro Melbourne

$305

Rental Yield

4.2%

Metro Melbourne

2.8%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate n/a n/a
Days on Market 30 n/a
Median price by Bedrooms Suburb Metro
1 Bedroom n/a $362,500
2 Bedrooms $380,000 $539,000
3 Bedrooms $488,500 $730,000

Rental Data

Median rent by Bedrooms Suburb Metro
1 Bedroom n/a $350
2 Bedrooms $360 $420
3 Bedrooms $385 $500

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