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.
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.
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:
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