What Is the Median House Price in Fairfield?
The median house price in Fairfield is approximately $1,580,000 (REIV 2025), with a median unit price of approximately $580,000. Weekly rent for houses is approximately $580, giving a gross yield of approximately 1.9% for houses. Fairfield is one of Melbourne’s most tightly held and premium inner-north suburbs.
Fairfield Property Price Data
| Metric | House | Unit |
|---|---|---|
| Median Price | $1,580,000 | $580,000 |
| Weekly Rent | $580 | $420 |
| Gross Yield | ~1.9% | ~3.8% |
| Distance to CBD | 8km | |
Why Is Fairfield Property So Sought After?
Fairfield is one of Melbourne’s smallest and most tightly held inner-north suburbs. It sits on the Yarra River corridor and is characterised by large Victorian and Edwardian homes on substantial blocks. The suburb’s proximity to Alphington, Northcote and Ivanhoe, combined with Fairfield Park and the Yarra Trail, makes it one of the most desirable addresses in Melbourne’s north.
Frequently Asked Questions
- What is the median house price in Fairfield Melbourne?
- Approximately $1,580,000 for houses based on REIV 2025 data.
- Is Fairfield Melbourne a good investment?
- Fairfield is a premium capital growth suburb with very low turnover and consistent price appreciation. Not suitable for yield-focused investors.
Access off-market Fairfield properties at collings.com.au/portal.
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