Faraday Suburb ProfileVictoria 3451
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Faraday has 137 properties. Over the last 5 years, Houses in Faraday have seen a 39.13% increase in median value. As at 30 November 2024:
- The median value for Houses in Faraday is $828,012.
The size of Faraday is approximately 22.9 square kilometres. It has 1 park covering nearly 0.8% of total area. The population of Faraday in 2011 was 150 people. By 2016 the population was 145 showing a population decline of 3.3% in the area during that time. The predominant age group in Faraday is 60-69 years. Households in Faraday are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Faraday work in a professional occupation. In 2011, 92.5% of the homes in Faraday were owner-occupied compared with 88.7% in 2016..
Market Insights
Faraday Trends for Houses
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Faraday Trends for Units
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Neighbourhood Insights
Age
Population 145
0-9
4%
10-19
10%
20-29
2%
30-39
4%
40-49
11%
50-59
23%
60-69
27%
70-79
10%
Household Structure
Occupancy
Recent Sales in FARADAY 3451
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Last Updated: 23/12/2024
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