Fairfield QLD 4103: Property Market Report & Real Estate Insights

Part of Brisbane, QLD

Fairfield Real Estate Market Outlook

Thinking about buying in Fairfield? Now could not be a better time, with 2086 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $1,087,000 with prices in this suburb ranging from $73,000 to $8,095,000. The approximate distance to the coast is 15 Km.

Living in Fairfield

Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. Low average incomes in Fairfield is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. The slightly lower than average earnings from occupations in Fairfield changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Medium density in Fairfield necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Lower than average industry presence in Fairfield we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Fairfield a better buying opportunity than it may have been in the past.

Instant Property Valuation

Fairfield, a suburb in Brisbane, Queensland, has become an increasingly attractive area for families and young professionals looking to settle in a community that balances urban convenience with suburban tranquility. The housing market in Fairfield is characterized by its variety, offering a mix of classic Queenslander-style homes, modern apartments, and newly renovated houses. This diversity in housing options caters to a range of budgets and lifestyle preferences, making the area appealing to a broad demographic. Over recent years, the suburb has seen steady growth in property values, driven by its proximity to the Brisbane CBD, which is just a short commute away, and the increasing demand for homes that offer both convenience and quality of life. The ongoing urban development and infrastructure projects in the area continue to enhance its appeal, ensuring that Fairfield remains a competitive and desirable market for both buyers and investors.

Living in Fairfield offers residents a harmonious blend of city life and peaceful residential living. The community is supported by an excellent infrastructure of public transport, schools, parks, and shopping facilities. Fairfield Gardens Shopping Centre serves as a local hub, providing a variety of retail and dining options, while the nearby Queensland Tennis Centre and South Bank Parklands offer recreational opportunities to cater to an active lifestyle. The suburb's tree-lined streets and large green spaces, such as the popular Brisbane River walking and cycling tracks, contribute to its inviting, family-friendly atmosphere. Fairfield also boasts a strong sense of community, with numerous local events and community groups fostering social connections among residents. Overall, Fairfield represents a vibrant and accessible part of Brisbane’s southside, where the comforts of suburban living are paired with the conveniences of an urban setting.

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