Fairfield is a smaller suburb in Queensland within the Brisbane local government area (postcode 4103). With a population of 3,106, the suburb has a mix of young professionals and families with a median age of 32. Households earn a median income of $118K per year, with an average household size of 2.5 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Fairfield is $1.2 million, having surged 19% over the past year. Units have a median price of $580,000 (+10.5% YoY). The current median weekly rent is $685. This gives a gross rental yield of approximately 2.9%. The median monthly mortgage repayment is $2,100.
Public transport access includes 1 rail station, 28 bus stops. The crime rate in the Brisbane LGA is moderate at 6,244 incidents per 100,000 population.
From an investment perspective, Fairfield offers a gross rental yield of 2.9%, rated as low yield. Property prices are near the state median ($1.2M/$1.1M). The price-to-income ratio of 10.3x is considered stretched. House prices have moved +19.0% year-on-year.
Fairfield is a smaller suburb in Queensland within the Brisbane local government area (postcode 4103). With a population of 3,106, the suburb has a mix of young professionals and families with a median age of 32. Households earn a median income of $118K per year, with an average household size of 2.5 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Fairfield is $1.2 million, having surged 19% over the past year. Units have a median price of $580,000 (+10.5% YoY). The current median weekly rent is $685. This gives a gross rental yield of approximately 2.9%. The median monthly mortgage repayment is $2,100.
Public transport access includes 1 rail station, 28 bus stops. The crime rate in the Brisbane LGA is moderate at 6,244 incidents per 100,000 population.
From an investment perspective, Fairfield offers a gross rental yield of 2.9%, rated as low yield. Property prices are near the state median ($1.2M/$1.1M). The price-to-income ratio of 10.3x is considered stretched. House prices have moved +19.0% year-on-year.