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.

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

Median Sale Price

$698k

Metro Melbourne

$797k

Quarterly Price Change

-0.3%

Metro Melbourne

-3.7%

Median Rent

$400

Metro Melbourne

$450

Rental Yield

2.9%

Metro Melbourne

2.8%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate 46.7% 45.1%
Days on Market 30 42
Median price by Bedrooms Suburb Metro
2 Bedrooms n/a $870,000
3 Bedrooms $724,500 $733,000
4 Bedrooms $738,500 $878,000

Rental Data

Median rent by Bedrooms Suburb Metro
2 Bedrooms n/a $490
3 Bedrooms $400 $420
4 Bedrooms n/a $480

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

Median Sale Price

$535k

Metro Melbourne

$589k

Quarterly Price Change

-1.1%

Metro Melbourne

-1.7%

Median Rent

$360

Metro Melbourne

$420

Rental Yield

3.7%

Metro Melbourne

3.7%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate 46.7% 45.1%
Days on Market 30 42
Median price by Bedrooms Suburb Metro
1 Bedroom n/a $370,000
2 Bedrooms $480,000 $571,000
3 Bedrooms $620,000 $765,000

Rental Data

Median rent by Bedrooms Suburb Metro
1 Bedroom n/a $370
2 Bedrooms $360 $440
3 Bedrooms n/a $521

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