Suburb Profile Report for Fairfield QLD (4103)

Fairfield House: Median price $681,500, Annual capital growth 4.54%, Number of sales 42, Weekly median advertised rent $500

Fairfield Unit: Median price $430,000, Annual capital growth 1.82%, Number of sales 17, Weekly median advertised rent $355

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

Fairfield is in the TOP 20% in QLD when comparing median price capital growth over the last year. Fairfield gave property investors a very good capital gain figure when compared to the rest of the state, with 9.04%.

Taking the average capital gain, or increase in median house value, Fairfield,4103 has racked up an average of 9.04% over the period. This ranks it number 1629th in the whole country for real estate investors looking at median house price increases.

Our latest figures would indicate that property sellers in Fairfield are currently offering property investors an average price cut of -5.01% below the asking price at the moment.

Property investors should expect to get $500 weekly from the median priced house in this suburb.

Over the last year, property investments in Fairfield, 4103 have given investors a capital gain of -4.44%. This compares badly with the 0.98% for QLD as a whole.

A 10.68% growth in median value for property investors in Fairfield,4103 puts this suburb at number 298th in terms of best performing suburbs in QLD

Our latest figures would indicate that property sellers in Fairfield are currently offering property investors an average price cut of -7.87% below the asking price at the moment.

Metrics i HOUSE UNIT
$681,500 $430,000
0.22% -3.37%
9.04% -4.44%
4.54% 1.82%
$500 $355
42 17
3.82% 4.29%
49.44 79.57

Source: CoreLogic

DSR Score for property investment : Balanced (U), Balanced (H)
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Demographics
Total population 2553
Median household income ($/weekly) 1525
Median age of persons 31
Median housing loan repayment ($/monthly) 1863
Average household size 2.6
  • Census Count Percent(%)
    5-14 years 237 9.3
    20-24 years 364 14.3
    25-34 years 478 18.7
    35-44 years 407 15.9
    45-54 years 322 12.6
    Others 745 29.2
    Age Group
    Census Count Percent(%)
    Not Married 1036 53.3
    Registered Married 655 33.7
    Defacto Relationship 251 12.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 1768 72.6
    Malta 39 1.6
    Papua New Guinea 77 3.2
    United Kingdom 92 3.8
    Other 179 7.4
    Others 279 11.5
    Country of Birth
    Census Count Percent(%)
    Buddhism 76 3.3
    Christianity 1258 55.1
    Islam 52 2.3
    Other Religious Groups 47 2.1
    No Religion 831 36.4
    Others 19 0.8
    Religious Affiliation
  • Census Count Percent(%)
    $800-$999 66 8.0
    $1,000-$1,249 65 7.9
    $1,500-$1,999 110 13.3
    $2,000-$2,499 86 10.4
    $2,500-$2,999 99 12.0
    Others 401 48.5
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 819 39.7
    Not in the labour force 531 25.7
    Employed, worked part-time 498 24.1
    Unemployed, looking for work 121 5.9
    Employed, away from work 95 4.6
    Person Characteristics
  • Census Count Percent(%)
    Managers 141 10.0
    Professionals 520 36.8
    Technicians & trades workers 136 9.6
    Community & personal service workers 138 9.8
    Clerical & administrative workers 193 13.6
    Others 286 20.2
    Occupation
    Census Count Percent(%)
    Pre-school 29 3.6
    Infants/Primary 158 19.7
    Secondary 110 13.7
    Technical or Further Educational Institution 66 8.2
    University or other Tertiary Institutions 419 52.3
    Others 19 2.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1778 75.6
    Flat, unit or apartment 422 17.9
    Semi-detached, row or terrace house, townhouse 153 6.5
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 424 46.2
    Being purchased 261 28.5
    Fully owned 223 24.3
    Other tenure type 9 1.0
    Tenure Type
Census 2011, ABS
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