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Fairfield Heights Suburb Insights

VIC
Location Information

Suburb Name

Fairfield Heights, VIC

Distance from CBD

6.4 km
Demographics

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