Auction Times
Sat 23 Nov | Auction Time | Agency | |
|---|---|---|---|
 | 66 Gillies Street 3 1 2 House | 11:00 AM Sat 23rd Nov | Barry Plant Northcote & Preston |
 | 7/105 Grange Road 2 1 1 Unit | 12:00 PM Sat 23rd Nov | Hocking Stuart |
 | 2 Mitchell Street 3 1 2 House | 1:00 PM Sat 23rd Nov | Nelson Alexander Real Estate |
Sat 30 Nov | Auction Time | Agency | |
|---|---|---|---|
 | 3/134 Rathmines Street 2 1 1 Apartment | 10:00 AM Sat 30th Nov | Hocking Stuart |
 | 7/9 Railway Place 2 2 1 Apartment | 2:00 PM Sat 30th Nov | Barry Plant Ivanhoe |
Median Sale Price
House
-
Updated on Sep 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Sep 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% | $350,000 | $3,176,000 | 47 |
Median Sale Price
$1.55M
Based on 50 recorded sales within the last 12 months
Updated on 21 Nov 2024
Suburb Growth
-9.7%
Current Median Price: $1,550,000
Previous Median Price: $1,700,000
Based on 106 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Oct 2024)
Price Range Segments (12 months ending Oct 2024)
Median Weekly Rent Price
House
-
Updated on Sep 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Sep 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 | $1,250 | 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 | $850 | +11.8% | $350 | $1,600 | 31 |
Median Rent Price
$810
per week
Based on 40 recorded rent within the last 12 months
Updated on 21 Nov 2024
Rent Price Growth
+7.4%
Current Median Rent: $810
Previous Median Rent: $750
Based on 109 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+2.7%
Current Median Price: $1,550,000
Current Median rent: $810
Based on 90 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Oct 2024)
Auction Results For Fairfield
Houses sold in Last 12 months ends 16 Nov 2024
$1.51M
Median Sale Price
52%
Clearance Rate
23/45
Sold/Reported
$3.18M
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $3 M and more | 1 | |
| $2 M - $3 M | 2 | |
| $1.8 M - $2 M | 1 | |
| $1.6 M - $1.8 M | 1 | |
| $1.4 M - $1.6 M (Median Price Range) | 5 | |
| $1.2 M - $1.4 M | 2 | |
| $1 M - $1.2 M | 2 | |
Similar Suburbs to Fairfield 3078
Based on median house sale price sold in last 12 months
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 |