OFF MARKET

8/7 Palm Street
Fairfield VIC 3078

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 58m2
Land area: 613m2
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Property Details for 8/7 Palm St, Fairfield

8/7 Palm St, Fairfield is a 1 bedroom, 1 bathroom Unit and was built in 1970. The property has a land size of 613m2 and floor size of 58m2. While the property is not currently for sale or for rent, it was last sold in November 2022.

Building Type
Unit
Year Built
1970
Floor Size
58m2
Land Size
613m2
Local Government
Darebin
Lot/Plan
8/RP9329

Last Listing description (September 2024)

This beautifully renovated first-floor one-bedroom apartment boasts stylish design and an abundance of natural light. With its elegant interiors and generous proportions, it is sure to impress.

The open-plan living area is bright and airy, featuring timber floors throughout. The modern kitchen includes timber countertops, Bosch appliances, and a tiled splashback. The spacious master bedroom offers mirrored built-in robes and a ceiling fan. The luxurious, fully-tiled bathroom includes a walk-in shower and underfloor heating. Additional highlights include a laundry, reverse cycle heating and cooling, clever storage solutions, and a dedicated car space.

Conveniently located within walking distance of buses, Fairfield Station, and Fairfield Village's shops, cafs, and restaurants.

*Please note inspections may be cancelled up to 24 hours prior without notice, if you have not registered for the inspection, we recommend calling 9480 2288 to confirm inspections on the day.*

Property History for 8/7 Palm St, Fairfield, VIC 3078

A timeline of how this property has performed in the market
Last Sold
$347,000
19 Nov 2022
Listed for Rent
$400/w
11 Sep 2024
  • 11 Sep 2024
    Listed for Rent $400 / week
  • 19 Nov 2022
    Sold for $347,000
  • 26 Oct 2022
    Listed for Sale Under Offer
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About Fairfield 3078

The size of Fairfield is approximately 3.5 square kilometres. It has 22 parks covering nearly 43.5% of total area. The population of Fairfield in 2011 was 5,946 people. By 2016 the population was 6,556 showing a population growth of 10.3% in the area during that time. The predominant age group in Fairfield is 30-39 years. Households in Fairfield are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Fairfield work in a professional occupation. In 2011, 58.8% of the homes in Fairfield were owner-occupied compared with 54.4% in 2016.

Fairfield has 4,212 properties. Over the last 5 years, Houses in Fairfield have seen a 18.63% increase in median value, while Units have seen a 18.59% increase. As at 31 October 2024:

  • The median value for Houses in Fairfield is $1,758,447 while the median value for Units is $696,480.
  • Houses have a median rent of $750 while Units have a median rent of $445.
There are currently 13 properties listed for sale, and 15 properties listed for rent in Fairfield on OnTheHouse. According to CoreLogic's data, 158 properties were sold in the past 12 months in Fairfield.

Suburb Insights for Fairfield 3078

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.