Property value increases in Fairfield have tracked just higher than the QLD average of 2.98% over the last 12 months.
Fairfield,4103 was ranked 2408 in Australia by increase in median property value over the quarter.
Property investors looking for a bargain in Fairfield should be aiming for at least -4.40% off the asking price, which is the average vendor discount being achieved at the moment.
Situated 4.18km from the CBD, Fairfield is one of Brisbane localities in the postcode 4103.
At number 876th in the list of Australian suburbs ordered by increase in median house value over the last year, Fairfield, 4103 is in the BOTTOM 50% with a property value increase of 4.27% recorded in median house prices.
When looking at the potential capital gains offered to property investors over the last 3 years, Fairfield comes in at number 116th in QLD.
Property investors looking for a bargain in Fairfield should be aiming for at least -5.43% off the asking price, which is the average vendor discount being achieved at the moment.
On average over the past year, suburb has had 2.50 sales per month, which equates to 30 per year.
Using the current median advertised rental of $375 and the average annual increase in value of a median property of 1.79%, investors should hope to achieve an overall return of 4.20%