Suburb Profile Report for Fairfield QLD (4103)

Fairfield House: Median price $675,000, Annual capital growth 4.60%, Number of sales 42, Weekly median advertised rent $500

Fairfield Unit: Median price $432,500, Annual capital growth 2.41%, Number of sales 14, Weekly median advertised rent $355

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

Source: CoreLogic

  • House Report
  • Unit Report

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.

Metrics i HOUSE UNIT
$675,000 $432,500
0.00% 2.98%
0.00% -3.89%
4.60% 2.41%
$500 $355
42 14
3.85% 4.27%
67.63 81.58

Source: CoreLogic

DSR Score for property investment : Above average (H), Above average (U)
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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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