OFF MARKET

5 Separation Street
Fairfield VIC 3078

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 118m2
Land area: 584m2
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Last updated 11 Nov 2024
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Property Details for 5 Separation St, Fairfield

5 Separation St, Fairfield is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 584m2 and floor size of 118m2. While the property is not currently for sale or for rent, it was last sold in November 2023.

Building Type
House
Floor Size
118m2
Land Size
584m2
Local Government
Darebin
Lot/Plan
70/LP604

Last Listing description (November 2023)

Spanning a generous 584sqm approx. this property presents an exceptional opportunity for Developers to demolish the existing period timber home for the construction of one or multiple stylish homes (STCA). Or alternatively renovators with imagination and vision could undertake a total front-to-rear renovation with extension creating a dream home (STCA). The site is situated in a great location only 7.0km from the CBD near the YarraBend Development which will feature premium residences, townhouses and apartments plus green lifestyle spaces and a shopping and retail food precinct. Just moments from Grange Road or Station Street in an area known for its vibrant cafes and restaurants plus Pitcher Park and Darebin Parklands for recreation; Minutes from Fairfield Station, other transport options and the Ivanhoe shopping precinct. The property is further enhanced by its proximity to the Yarra Bend parklands, golf courses, walking and bike tracks; plus great schools including Fairfield Primary, Thornbury High zoning, Alphington Grammar and Ivanhoe boys and girls Grammar Schools.

The present home in original condition is currently unoccupied ready for immediate work. With the interior featuring Baltic Pine flooring through the hallway leading to three bedrooms, living room, dining, period-style kitchen and bathroom with separate powder room, a laundry and informal living room or study. The rear garden includes an external WC, wood shed/storage, with ample space to extend out and/or up (STCA), a carport plus tandem off-street parking.

Land size: 584sqm approx.

Property History for 5 Separation St, Fairfield, VIC 3078

A timeline of how this property has performed in the market
Last Sold
$1,125,000
18 Nov 2023
Listed for Rent
07 May 2019
  • 18 Nov 2023
    Sold for $1,125,000
  • 20 Oct 2023
    Listed for Sale $1,100,000 - $1,200,000 Auction this Sat at 1.30pm
  • 16 Aug 2023
    Listed for Sale Private Sale $1,475,000
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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.
There are currently 12 properties listed for sale, and 13 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.