OFF MARKET

215 Arthur Street
Fairfield VIC 3078

Bedrooms: 5
Bathrooms: 2
Car spaces: 2
Floor area: 252m2
Land area: 591m2
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Property Details for 215 Arthur St, Fairfield

215 Arthur St, Fairfield is a 5 bedroom, 2 bathroom House with 2 parking spaces and was built in 2019. The property has a land size of 591m2 and floor size of 252m2.

Building Type
House
Year Built
2019
Floor Size
252m2
Land Size
591m2
Local Government
Darebin
Lot/Plan
PC374452

Last Listing description (June 2016)

Why buy just the one allotment when you can buy two side-by-side properties boasting a total land size of 1,182sqm (approx.) in a sought-after Fairfield location!
Occupying the corner of Arthur St and Separation St, the astute developer therefore has the benefit of developing a multiple Townhouses, single-level executive residences or a trendy apartment complex with dual street frontage (STCA).
Once built, the modern development (STCA) will stand within a short stroll of the trendy Station St strip, local shops and Fairfield train station and only minutes away from Northcote Plaza, scenic Yarra Bend, High St cafes and local schools.

Both properties are also currently leased, meaning you can line your pockets with a steady income stream whilst plans and permits are being approved.
The chance to secure such a dream development opportunity is far and few between, so be quick to claim this rare piece of real estate.
Disclaimer: We have in preparing this document used our best endeavours to ensure that the information contained in this document is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements in this document. Prospect purchasers should make their own enquiries to verify the information contained in this document. Purchasers should make their own enquires and refer to the due diligence check-list provided by Consumer Affairs. Click on the link for a copy of the due diligence check-list from Consumer Affairs. http://www.consumer.vic.gov.au/duediligencechecklist

Property History for 215 Arthur St, Fairfield, VIC 3078

A timeline of how this property has performed in the market
Listed for Rent
$445/w
14 Sep 2015
  • 09 Sep 2015
    Listed for Rent $445 / week
  • 07 Aug 2015
    Listed for Sale Private Sale $3,200,000
  • 01 Apr 2012
    Listed for Rent - Price not available

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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.
There are currently 12 properties listed for sale, and 13 properties listed for rent in Fairfield on OnTheHouse. According to CoreLogic's data, 160 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.