Auction Times
Sat 27 Apr | Auction Time | Agency | |
|---|---|---|---|
 | 17 Sparks Avenue 3 2 1 House | 1:00 PM Sat 27th Apr | Nelson Alexander Real Estate |
Sat 4 May | Auction Time | Agency | |
|---|---|---|---|
 | 280A Gillies Street 3 2 2 House | 10:00 AM Sat 4th May | Hocking Stuart |
 | 77 Arthur Street 3 1 1 House | 12:00 PM Sat 4th May | Hocking Stuart |
 | 4/239 Rathmines Street 1 1 1 Apartment | 12:00 PM Sat 4th May | Miles Real Estate |
 | 23 Darling Street 4 2 2 House | 1:30 PM Sat 4th May | Nelson Alexander Real Estate |
Median Sale Price
House
-
Updated on Feb 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Feb 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
| Year | Median | Growth | Low | High | # Sales |
|---|---|---|---|---|---|
| 2009 | $685,000 | 0.0% | $313,000 | $2,660,000 | 59 |
| 2010 | $880,000 | +22.2% | $570,000 | $2,000,000 | 67 |
| 2011 | $800,000 | -10.0% | $55,900 | $2,875,000 | 60 |
| 2012 | $830,000 | +3.6% | $292,000 | $1,710,000 | 57 |
| 2013 | $865,500 | +4.1% | $300,000 | $1,660,000 | 73 |
| 2014 | $970,000 | +10.8% | $520,000 | $1,625,000 | 55 |
| 2015 | $1,112,500 | +12.8% | $370,000 | $3,110,000 | 57 |
| 2016 | $1,330,000 | +16.4% | $620,000 | $2,700,000 | 50 |
| 2017 | $1,500,000 | +11.3% | $916,000 | $2,580,000 | 43 |
| 2018 | $1,300,000 | -15.4% | $820,000 | $2,805,000 | 49 |
| 2019 | $1,300,000 | 0.0% | $795,000 | $2,815,000 | 42 |
| 2020 | $1,406,000 | +7.5% | $778,000 | $3,070,000 | 38 |
| 2021 | $1,711,000 | +17.8% | $1,040,000 | $3,000,000 | 57 |
| 2022 | $1,775,000 | +3.6% | $971,500 | $3,300,000 | 58 |
| 2023 | $1,575,000 | -12.7% | $925,000 | $4,600,000 | 50 |
| 2024 | $1,550,000 | -1.6% | $1,280,000 | $2,050,000 | 12 |
Median Sale Price
$1.54M
Based on 47 recorded sales within the last 12 months
Updated on 21 Apr 2024
Suburb Growth
-15.3%
Current Median Price: $1,540,000
Previous Median Price: $1,775,000
Based on 101 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Mar 2024)
Price Range Segments (12 months ending Mar 2024)
Median Weekly Rent Price
House
-
Updated on Feb 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Feb 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
| Year | Median | Growth | Low | High | # Rents |
|---|---|---|---|---|---|
| 2011 | $480 | 0.0% | $240 | $785 | 54 |
| 2012 | $520 | +7.7% | $260 | $850 | 75 |
| 2013 | $510 | -2.0% | $260 | $950 | 72 |
| 2014 | $550 | +7.3% | $350 | $950 | 58 |
| 2015 | $495 | -11.1% | $260 | $960 | 106 |
| 2016 | $545 | +9.2% | $280 | $1,100 | 82 |
| 2017 | $585 | +6.8% | $295 | $1,350 | 85 |
| 2018 | $630 | +7.1% | $340 | $1,300 | 78 |
| 2019 | $600 | -5.0% | $360 | $1,000 | 82 |
| 2020 | $620 | +3.2% | $260 | $1,100 | 75 |
| 2021 | $645 | +3.9% | $320 | $1,150 | 75 |
| 2022 | $650 | +0.8% | $260 | $2,000 | 84 |
| 2023 | $750 | +13.3% | $300 | $1,400 | 67 |
| 2024 | $925 | +18.9% | $695 | $1,400 | 8 |
Median Rent Price
$785
per week
Based on 54 recorded rent within the last 12 months
Updated on 21 Apr 2024
Rent Price Growth
+13.4%
Current Median Rent: $785
Previous Median Rent: $680
Based on 136 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+2.7%
Current Median Price: $1,540,000
Current Median rent: $785
Based on 101 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Mar 2024)
Auction Results For Fairfield
Houses sold in Last 12 months ends 20 Apr 2024
$1.54M
Median Sale Price
70%
Clearance Rate
21/30
Sold/Reported
$2.65M
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $2 M - $3 M | 2 | |
| $1.8 M - $2 M | 1 | |
| $1.6 M - $1.8 M | 2 | |
| $1.4 M - $1.6 M (Median Price Range) | 3 | |
| $1.2 M - $1.4 M | 3 | |
| $1 M - $1.2 M | 1 | |
Schools closest to Fairfield, VIC 3078
| School name | Address | Type | Sector | Distance |
|---|---|---|---|---|
| St Anthony's School | 52 AUSTIN STAlphington 3078 | Primary | Catholic | 0.23 km |
| Fairfield Primary School | LANGRIDGE STREETFairfield 3078 | Primary | Government | 0.29 km |
| Westgarth Primary SchoolTop 100 | 45 BROOKE ST & 311 CLARKE STNorthcote 3070 | Primary | Government | 1.02 km |
| Alphington Primary SchoolTop 50 | YARRALEA STREETAlphington 3078 | Primary | Government | 1.33 km |
| Spensley Street Primary School | 193 SPENSLEY STREETClifton Hill 3068 | Primary | Government | 1.52 km |
| Santa Maria CollegeTop 100 | 50 SEPARATION STREETNorthcote 3070 | Secondary | Catholic | 1.7 km |
| Holy Spirit School | 197 CLARENDON STThornbury 3071 | Primary | Catholic | 2.04 km |
| Alphington Grammar School | 12-18 OLD HEIDELBERG ROADAlphington 3078 | Combined | Independent | 1.67 km |
| Distance Education Centre Victoria | 315 CLARENDON STREETThornbury 3071 | Combined | Government | 2.06 km |
| Wales Street Primary School | WALES STREETThornbury 3071 | Primary | Government | 2.13 km |