Fawkner VIC 3060

Here you can find what you need to know about Fawkner, VIC, including house prices in the area, median values, annual growth, recent sale prices, maps, a suburb profile and much more.

Suburb Insights
for Houses in last 12 months

At a Glance

$651k Median Sale Price (National Average $485k) 296th In VIC
-10.67% Median Price Change (1 yr) (National Average 4.30%) 2571st In VIC
$420pw Median Rent (National Average $395) 310th In VIC
3.4% Median Gross Yield (National Average 4.24%) 362nd In VIC
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Properties sold 116
Average discounting -5.97%
Average Days on Market 63
Stock on Market 16 for sale

Investment Strategy Scores

See how this property rates against different investment strategies. Learn more

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How we calculate the suburb Cash Flow Score

The suburb Cash Flow Score is simply the average of all the individual Cash Flow Scores for each property in that suburb.

A higher score indicates the suburb is more likely to contain properties that deliver an above average gross yield.

Fawkner, VIC National
Median
Gross Yield

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Capital Growth Score

The suburb Capital Growth Score is simply the average of all the individual Capital Growth Scores for each property in that suburb.

A higher score indicates the suburb has recently experienced significant capital growth and the short term outlook for further growth is likely to be good given strong market health indicators.

Fawkner, VIC National
Change in Median
Price (1 yr)
Average Days
on Market
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Lower Risk Score

The suburb Lower Risk Score is simply the average of all the individual Lower Risk Scores for each property in that suburb.

A higher score indicates the suburb has increased in value over a longer period so is less likely to only be due to recent market forces. It is also likely to contain properties that command higher rent than average and therefore attract higher income tenants. Furthermore, properties in this suburb are likely to be easier to sell in the future due to strong market health indicators.

Fawkner, VIC National
Average Days
on Market
Change in Median Price
(5 yr)
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.

Development Permits for Houses

Building permits are provided for council approved development applications. Where the available permits contain the type of development, date of submission, the date of approval, estimated build cost, estimated development area, builder and materials listed.

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Property Prices in Fawkner


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Latest Auction Results for Fawkner as at 17 November 2019

Property Details
Sale Price
3Bed / 1Bath / 1Car / House
-
2Bed / 1Bath / 1Car / Unit
Passed In
3Bed / 1Bath / 1Car / House
$730,000
3Bed / 1Bath / 2Car / House
$705,000
3Bed / 1Bath / 2Car / House
$670,000
4Bed / 2Bath / -Car / House
Passed In

State Auction Clearance Rates - November 2019

Auctions Clearance rate
VIC 1076 75%
ACT 62 79%
NSW 832 75%
NT 13 69%
QLD 136 40%
SA 94 61%
TAS 3 33%
WA 21 52%

Local Schools


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Suburb Information

Fawkner, VIC 3060

Part of: Moreland Council No data available

The size of Fawkner is approximately 5.3 square kilometres. It has 4 parks covering nearly 6.5% of total area. The population of Fawkner in 2011 was 12,596 people. By 2016 the population was 14,044 showing a population growth of 11.5% in the area during that time. The predominant age group in Fawkner is 30-39 years. Households in Fawkner are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Fawkner work in a professional occupation. In 2011, 71% of the homes in Fawkner were owner-occupied compared with 66.7% in 2016. (source: Australian Bureau of Statistics)

View all properties for sale in Fawkner

Demographic data provided
by Australian Bureau of Statistics


Market Trends for Fawkner   for Houses in last 12 months


There have been 119 Houses sold in Fawkner in the past 12 months with a median sale price of $660K, up -9.59% annually. It takes on average 63 days to sell with vendor discounting of -6.59%.

Streets in Fawkner


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