Fairfield Suburb Profile

Victoria 3078

Fairfield has 4,277 properties. Over the last 5 years, Houses in Fairfield have seen a 14.04% increase in median value, while Units have seen a 7.14% increase. As at 30 November 2024:

• The median value for Houses in Fairfield is $1,730,103 while the median value for Units is $657,255.
• Houses have a median rent of $750 while Units have a median rent of $450.

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.