Property prices for sale in Fairfield (New South Wales)

The prices in real estate in Fairfield, in the New South Wales region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.

$418,113.83
Average price last 6 months
$1,493.5
Price/m² last 6 months
Average price per m2

The price per m² in Fairfield has increased strongly during the last 6 months. In October, the average price per m² was $649. In November this price pretty much remained the same at a value of $635 per m². In the following two months the price per m² has increased 111 %, going from $642 to $712 per m². The price per m² has had a considerable increase of 462 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per m² of $677 to $3,126.5 during February, and March.

Average price

Based upon to the price in Fairfield (suburbs), these have remained the same in the last 6 months. In our first sample month during October, the average price is $436,059. In November This price remains at $417,513. During the following two months (December, January) the price has had an average incrementation from $426,786 to $475,255.5. During the last two months the average price has had a strong fall compared to the previous four going from $451,020.75 to $352,300, which means a 78 % fall.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $694,600 they are 71 % more affordable than the average price for Fairfield. The properties with the highest average price have 4 bedrooms, Their price is 18 % more costly than the average. After that we have properties with 3 bedrooms priced at $517,015.

With regard to the average price per m² , those properties with 3 bedrooms are the cheapest ones at a cost of $648 / m², with an average $6,236 / m² price in Fairfield. The properties with the lowest average prices have 4 bedrooms. They are 86 % cheaper than the average followed by properties with 1 bedroom with a price at $757 / m².

Charts data
Average price March
Average price per m² March
Number of properties used in Fairfield
Number of properties used in region New South Wales
$694,600
$6,236
210
244,416
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value