Faraday Suburb Profile

Victoria 3451

Faraday has 139 properties. Over the last 5 years, Houses in Faraday have seen a 44.60% increase in median value. As at 30 September 2024:

• The median value for Houses in Faraday is $820,962.

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..