Suburb Profile Report for Fairfield QLD (4103)

Fairfield House: Median price $675,000, Annual capital growth 4.74%, Number of sales 41, Weekly median advertised rent $500

Fairfield Unit: Median price $350,000, Annual capital growth 0.24%, Number of sales 11, Weekly median advertised rent $355

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

Source: CoreLogic

  • House Report
  • Unit Report

Fairfield is in the TOP 20% in QLD when comparing median price capital growth over the last year. Fairfield gave property investors a very good capital gain figure when compared to the rest of the state, with 9.76%.

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

Sellers are offering property buyers an average discount of -5.41% to buyers in Fairfield at the moment, which is less than average for the rest of QLD.

Fairfield, 4103’s gross rental yield is 3.85%

With a capital gain of -21.35% for the last 12 months, Fairfield, 4103 has performed for property investments than its average annual 0.24% property growth over the last 5 years.

While Fairfield,4103 ranked number 358th in QLD for increase in median house value (annualised) increase, it is ranked 271th over the last 5 years.

The most recent median price for Fairfield is $350000, with sellers offering an average of -7.23% off the asking price.

Advertised rents are around the $355 mark per week – giving a return of 5.27% based on the median price in Suburb

Metrics i HOUSE UNIT
$675,000 $350,000
-1.17% -19.35%
9.76% -21.35%
4.74% 0.24%
$500 $355
41 11
3.85% 5.27%
53.92 83.8

Source: CoreLogic

DSR Score for property investment : Above average (U), Above average (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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Recent sales & rentals