With a capital gain of 0.00% for the last 12 months, Fairfield, 4103 has performed for property investments than its average annual 4.60% property growth over the last 5 years.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Fairfield has increased when compared to the 5 year average annual rate.
Sellers are offering property buyers an average discount of -5.71% to buyers in Fairfield at the moment, which is less than average for the rest of QLD.
On average over the past year, suburb has had 3.50 sales per month, which equates to 42 per year.
With the median price for a house in Fairfield being $675000 and the advertised rent reaching $500 the gross rental yield for property investors calculates out to be 3.85%
Fairfield, 4103 ranked 269th in QLD when comparing growth in median property values or capital gain over the last 12 months. Fairfield is one of 2415 in our list for QLD
Taking the average capital gain, or increase in median house value, Fairfield,4103 has racked up an average of -3.89% over the period. This ranks it number 569th in the whole country for real estate investors looking at median house price increases.
Fairfield, 4103 is offering QLD ‘s 117th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 40% of discounts offered by this QLD.
Situated 4.09km from the CBD, Fairfield is one of Brisbane localities in the postcode 4103.