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Fairfield East Suburb Insights
VICLocation Information
Suburb Name
Fairfield East, VIC
Distance from CBD
6.3 kmDemographics
Population
5,273
Median Income
$21,008
Area Information
Area
1.99 km²
Population Density
2650 people/km²
Property Market
Median Price
$1,160,778
Annual Growth
+5.6%Property Price Trend Analysis
Current Median Price
$1,160,778
Annual Growth
+5.6%
Quarterly Growth
+3.5%
Price Trends - Last 6 Months
2024-01
$806,562
+4.4%2024-02
$959,647
+7.6%2024-03
$702,088
+13.4%2024-04
$646,447
+7.8%2024-05
$630,643
+11.4%2024-06
$1,167,974
+9.5%Property Type Price Analysis
House
Median Price
$1,265,715
Growth Rate
+7.1%Available Listings
313 properties
Apartment
Median Price
$548,861
Growth Rate
+16%Available Listings
546 properties
Townhouse
Median Price
$904,226
Growth Rate
+15.3%Available Listings
260 properties
Investment Potential Assessment
Investment Advantages
- Strong quarterly growth momentum
- Diverse property types available
Considerations
- Rising prices may affect affordability
- Monitor interest rate changes
- Consider long-term investment strategy