If you compare the increase in value of investment property in Fairfield, 4103 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this QLD suburb was 9.31%.
Across a shorter period, Fairfield, 4103 has seen a median price increase of -0.37% over the last quarter.
Sellers are offering property buyers an average discount of -5.01% to buyers in Fairfield at the moment, which is less than average for the rest of QLD.
Advertised rents are around the $500 mark per week – giving a return of 3.85% based on the median price in Suburb
Over the last year, property investments in Fairfield, 4103 have given investors a capital gain of -5.62%. This compares badly with the 0.65% for QLD as a whole.
Fairfield,4103 has offered an average of -5.62% return per annum in house price rises to property investors over the last three years.
Property investors looking for a bargain in Fairfield should be aiming for at least -7.97% off the asking price, which is the average vendor discount being achieved at the moment.
Renters in Suburb are facing rents around $4260 per annum or $355 every week.