Property investors who have had real estate in Fairfield, 4103 should be relatively pleased with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 7.98%
Taking the average capital gain, or increase in median house value, Fairfield,4103 has racked up an average of 7.98% over the period. This ranks it number 2065th in the whole country for real estate investors looking at median house price increases.
Fairfield4103 is located in QLD which offers an average discount of -7.16% to property investors. Fairfield itself is showing figures that indicate -5.41% is the average achievable by property buyers investing in the suburb.
On average over the past year, suburb has had 3.50 sales per month, which equates to 42 per year.
Fairfield is in the bottom 30% in QLD when comparing median price capital growth over the last year. Fairfield gave property investors a disappointing capital gain figure when compared to the rest of the state, with -5.08%.
While Fairfield,4103 ranked number 274th in QLD for increase in median house value (annualised) increase, it is ranked 200th over the last 5 years.
Property buyers and investors in Fairfield 4103 should be seeing an average reduction in asking price of around -7.00% . This means that Fairfield is holding prices well when compared to other suburbs in QLD.
Advertised rents are around the $355 mark per week – giving a return of 4.40% based on the median price in Suburb