Property management in Fairfield
Your suburb profile by Running Property
Home to more than 2,500 people, Fairfield (4103) is located 4.5 kilometres south of the Brisbane CBD.
The suburb is thought to have been named after an early dairy property that encompassed much of the area. In those early days of settlement, much of the area consisted of wetland and lagoons.
Today, Fairfield is a very popular suburb for young professionals who enjoy a short commute the the Brisbane CBD via convenient public transport. Much of the residential accommodation in Fairfield, both homes and apartments, is within easy walking distance of two local train stations as well as major bus routes.
Fairfield is also an in-demand suburb for students, with the University of Queensland at St Lucia just a short stroll away across the Green Bridge.
Data from realestate.com.au shows that the median Fairfield house price was $670K in 2016, with the median unit price being $450K. For investment property owners, Fairfield offers a median rent for houses of $453 per week, and the median rent for units $395 per week. Rental demand for both houses and units is high.
For expert advice on attracting the best quality tenants for your Fairfield investment property, talk to the expert Running Property team. We have the local knowledge that can make all the difference to your rental return.
If you’d like a rental appraisal for your Fairfield investment property, fill out the contact form here or call Running Property on 07 3392 1544 today.