Suburb Profile Report for Fairfield QLD (4103)

Fairfield House: Median price $675,000, Annual capital growth 4.73%, Number of sales 48, Weekly median advertised rent $455

Fairfield Unit: Median price $445,000, Annual capital growth 1.59%, Number of sales 24, Weekly median advertised rent $378

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

Source: CoreLogic

  • House Report
  • Unit Report

Over the last year, property investments in Fairfield, 4103 have given investors a capital gain of 5.47%. This compares favourably with the 1.98% for QLD as a whole.

If we look at median property appreciation over just the last three months, Fairfield has given property investors a paper return of 0.00%. This puts Suburb as 439 on a list of fastest fasting appreciating suburbs in QLD

Property buyers and investors in Fairfield 4103 should be seeing an average reduction in asking price of around -3.33% . This means that Fairfield is holding prices well when compared to other suburbs in QLD.

Renters in Suburb are facing rents around $5460 per annum or $455 every week.

If you compare the increase in value of investment property in Fairfield, 4103 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this QLD suburb was 2.36%.

A 8.80% growth in median value for property investors in Fairfield,4103 puts this suburb at number 213th in terms of best performing suburbs in QLD

The most recent median price for Fairfield is $445000, with sellers offering an average of -5.16% off the asking price.

Residents and property investors in Fairfield have been waiting around 51.18 days to sell a property.

A $377.5 per week rent on the median house gives suburb investors a gross yield of circa 4.41%, without taking into account capital value appreciation, which has been averaging out at 1.59%.

HOUSE UNIT
$675,000 $445,000
0.00% -0.56%
5.47% 2.36%
4.73% 1.59%
$455 $378
48 24
3.51% 4.41%
53.61 51.18

Source: CoreLogic

DSR Score for property investment : Good (H), Balanced (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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