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Investment Property Fawkner, VIC, 3060

Suburb Snapshot

Fawkner is a suburb in the Moreland Region of Victoria. Fawkner has a population of 14,042 people and 25.43% of its occupants live in rental accommodation. The median listing price for houses is $700,000 and this has changed 0.71% over the past year and changed 0.00% over 2 years.

The median rent in Fawkner for houses is $550 per week and the median rental yield is 4.08%. Stock on the market for houses/townhouses has changed 10.64% compared to last year and the average time to sell a house/townhouse is 47 days.The median listing price for units is $480,000 and this has changed -2.54% over the past year. The average unit takes 52 days to sell and the median rent for a unit in Fawkner is $475 per week, producing a rental yield of 5.14%.

Supply & Demand in Fawkner, Moreland

0.55%

Current vacancy rate


32

Rental stock available


14,042

Population


25.43%

Rental population


1.05%

Current vacancy rate


904

Rental stock available


162,560

Population


33.21%

Rental population


0.93%

Current vacancy rate


28,886

Rental stock available


5,926,624

Population


24.77%

Rental population


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Statistical data for Fawkner, Moreland

  House Townhouses Units
Median listing price $700,000 $600,000 $480,000
Median price change - last quarter 0.00% 0.00% 0.00%
Median price change - 1 year 0.71% 0.41% -2.54%
Median price change - 2 years 0.00% 3.44% 5.49%
  House Townhouses Units
Median weekly rent $550 $550 $475
Median yield % 4.08% 4.76% 5.14%
Median rent change - 1 year 12.24% 7.84% 13.09%
  House Units
Previous month sales 22 2
Stock on market previous month 52 11
Stock variance vs. last year 10.64% 37.50%
Average days on market 47 52

Fawkner investment property listings

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