At number 2579th in the list of Australian suburbs ordered by increase in median house value over the last year, Fairfield, 4103 is in the BOTTOM 40% with a property value increase of 3.70% recorded in median house prices.
Fairfield,4103 has offered an average of 3.70% return per annum in house price rises to property investors over the last three years.
State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.84% offered to property buyers. Sellers in Fairfield itself are offering an average vendor discount of -6.56% to real estate investors.
Residents and property investors in Fairfield have been waiting around 72.16 days to sell a property.
Fairfield is 629th on a list of best yielding suburbs for rents in QLD with a 3.71% return
Giving property investors a an average capital gain of 3.37% for the last year, Fairfield, 4103 is the 922th highest performer in Australia in this respect.
Over the longer term, Fairfield has seen property prices show investors a 19.48% return over the last 3 years. This is worse than over the last 12 months
LACK OF BUYER INTEREST may well be the reason that Fairfield is offering property investors an average of -5.93. This rate of discount on properties puts Suburb at number 127th in terms of most discounted suburbs in QLD
At number 792 in a list of fastest selling suburbs, Fairfield is just in the bottom half of suburbs in Australia with an average of days on market 75.53 for properties listed there.
Renters in Suburb are facing rents around $4440 per annum or $370 every week.