1/33-37 Chingford StreetFairfield VIC 3078
Property Details for 1/33-37 Chingford St, Fairfield
1/33-37 Chingford St, Fairfield is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1993. The property has a land size of 127m2 and floor size of 100m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 2 bedroom Unit sold in Fairfield in the last 12 months.
Last Listing description (February 2024)
Location, location, location. Open your eyes to the opportunity here.
For Sale by Expression of Interest
EOI closing Tue 19/12/2023 at 2:00pm (if not sold prior)
Renovate from the ground up and reap the rewards. This two-bedroom VILLA UNIT with single garage and street frontage is located in a quiet pocket of Fairfield.
With some of the work already done, this presents an excellent opportunity for the astute investor or the handyman/builder owner occupier, who can add significant value to the property.
Priced well under market value to allow for the renovation costs, there is plenty of upside here.
Property History for 1/33-37 Chingford St, Fairfield, VIC 3078
- 19 Dec 2023Sold for $609,000
- 04 Nov 2023Listed for Sale Not Disclosed
- 20 Feb 1981Sold for $35,000
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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 4,253 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.
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