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Fairfield Heights Suburb Insights
VICLocation Information
Suburb Name
Fairfield Heights, VIC
Distance from CBD
6.4 kmDemographics
Population
7,517
Median Income
$20,696
Area Information
Area
1.47 km²
Population Density
5114 people/km²
Property Market
Median Price
$955,241
Annual Growth
+18.6%Property Price Trend Analysis
Current Median Price
$955,241
Annual Growth
+18.6%
Quarterly Growth
+2.8%
Price Trends - Last 6 Months
2024-01
$1,016,819
+8%2024-02
$809,873
+4.6%2024-03
$1,003,190
+11.9%2024-04
$1,045,870
+13.9%2024-05
$1,107,952
+13.3%2024-06
$955,409
+13.8%Property Type Price Analysis
House
Median Price
$1,067,077
Growth Rate
+9.1%Available Listings
229 properties
Apartment
Median Price
$680,691
Growth Rate
+14.9%Available Listings
808 properties
Townhouse
Median Price
$742,594
Growth Rate
+12.7%Available Listings
287 properties
Investment Potential Assessment
Investment Advantages
- Annual growth exceeds 8% - excellent performance
- Strong quarterly growth momentum
- Diverse property types available
Considerations
- Rising prices may affect affordability
- Monitor interest rate changes
- Consider long-term investment strategy