Fairhaven Suburb Profile

Victoria 3231

Fairhaven has 606 properties. Over the last 5 years, Houses in Fairhaven have seen a 72.04% increase in median value, while Units have seen a 177.95% increase. As at 31 August 2024:

• The median value for Houses in Fairhaven is $1,944,119 while the median value for Units is $1,283,322.

The size of Fairhaven is approximately 5.2 square kilometres. It has 2 parks covering nearly 41.2% of total area. The population of Fairhaven in 2011 was 354 people. By 2016 the population was 276 showing a population decline of 22.0% in the area during that time. The predominant age group in Fairhaven is 50-59 years. Households in Fairhaven are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Fairhaven work in a professional occupation. In 2011, 85.8% of the homes in Fairhaven were owner-occupied compared with 83.5% in 2016.