Suburb Profile Report for Fairfield QLD (4103)

Fairfield House: Median price $685,000, Annual capital growth 5.50%, Number of sales 48, Weekly median advertised rent $453

Fairfield Unit: Median price $447,500, Annual capital growth 1.65%, Number of sales 28, Weekly median advertised rent $380

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

Source: CoreLogic

  • House Report
  • Unit Report

Property value increases in Fairfield have tracked just higher than the QLD average of 2.22% over the last 12 months.

Across a shorter period, Fairfield, 4103 has seen a median price increase of 1.48% over the last quarter.

Our latest figures would indicate that property sellers in Fairfield are currently offering property investors an average price cut of -4.07% below the asking price at the moment.

Fairfield is 690th on a list of best yielding suburbs for rents in QLD with a 3.44% return

QLD has seen average median house prices change by 1.23% which means that Fairfield, 4103 has done well for property investors by showing a capital gain of 4.13% over the last year

Comparing Fairfield,4103 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

Fairfield, 4103 is offering QLD ‘s 189th most discounted properties when looking at the average discount being offered by vendors. This puts it in the middle of discounts offered by this QLD.

In the last year 28 properties changed hands in Fairfield, which puts it as the 255th most active market in QLD when comparing the number of sales per suburb.

Advertised rents are around the $380 mark per week – giving a return of 4.42% based on the median price in Suburb

HOUSE UNIT
$685,000 $447,500
1.48% -0.56%
7.87% 4.13%
5.50% 1.65%
$453 $380
48 28
3.44% 4.42%
57.93 46.6

Source: CoreLogic

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