Fawkner’s median house price in 2026 is $820,000, with units at $450,000. The suburb has recorded 28% five-year growth and unit gross yield averages 4.7%. Fawkner is one of Melbourne’s most affordable established suburbs within 15km of the CBD — directly connected to the city via the Upfield line and offering genuine rental yield for cash-flow investors who cannot afford Coburg or Brunswick.
Fawkner Median Prices at a Glance
| Property Type | Median Price | 5-Year Growth | Gross Yield |
|---|---|---|---|
| House | $820,000 | 28% | 3.3% |
| Unit/Apartment | $450,000 | 25% | 4.7% |
| Townhouse | $680,000 | 27% | 3.8% |
Why Fawkner Offers Strong Yield
Fawkner’s rental market is driven by affordability and Upfield line access. With a 58% renter rate and median weekly rent of $400/week for a two-bedroom unit, Fawkner consistently delivers cash-flow-positive results for investors entering at under $500k. The suburb is gentrifying from Coburg’s overflow — new cafes, renovation activity and demographic change are all visible.
Is Fawkner a Good Investment?
GeeVee AI rates Fawkner 7.3/10 for investment in 2026. It scores well on yield (8/10) and affordability (9/10), with moderate scores on lifestyle amenity (6/10) and capital growth trajectory (7/10). GeeVee recommends Fawkner as a cash-flow investment with gentrification upside.
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