Fairfield Home Extensions And Renovations Projects
Homebuyers have much to consider when buying a house. the most important factor is most often the price and then the size of the home and whether it meets the requirements of the buyer come into question. First-time homebuyers often go for smaller accommodations and think that their only option when the home gets too small is to sell.
Fairfield specifically has this issue because it is an attractive suburb for singles, young couples and professionals who quickly outgrow their existing houses. However, selling isn’t the only option – you can renovate or extend the existing structure to meet your needs while increasing the investment value. That is where Period Extensions & Designs come into the picture. With over two decades of experience in home extensions and renovations, we can help you design the house of your dreams right where you are.
Why Choose Fairfield?
If a quiet, up-and-coming suburb is what you are looking for, Fairfield ticks all the boxes. It offers the peace and quiet of suburban living while providing plenty of work opportunities in the nearby city of Melbourne.
Distance to
Distance from Melbourne
Fairfield Demographics
Fairfield has a population of about 6,000 people according to the latest census. This is made up of just over 21% maturing and established independence, around 18% independent youth, and just over 15% established couples and families. Almost 40% of the population are married.
The main occupations of people living in Fairfield are almost 37% professionals, just over 14% clerical and administrative workers, around 13% managers, nearly 11% technicians and trades workers, almost 9% community and personal service workers and nearly 7% sales workers.
Almost 30% of homes in Fairfield are fully owned, and just over 29% are in the process of being purchased by home loan mortgage. The median individual income is around $690 per week and the median household income is about $1,400 per week, while the median mortgage repayment is about $2,000 per month.
Maturing & Established Independence
21.5%
No Data Found
Independent Youth
18.2%
No Data Found
Established Couples & Families
15.5%
No Data Found
No Data Found
Fairfield Lifestyle
The young families in Fairfield generally send their children to St. Anthony’s Primary School which is well established in the area. However, there are other options for both primary and secondary education in the nearby areas. The lifestyle is generally laid-back and quiet and residents can commute by car or train to Melbourne for entertainment and work.
Types Of Homes In Fairfield
Properties are in high demand in the up-and-coming suburb. Established free-standing houses in a variety of styles are available to meet the needs of different types of homebuyers. Townhouses are also an option. There are also some spectacular period homes, Victorian mansions, and especially, Edwardian homes that have undergone creative renovations to retain an authentic, warm and inviting style.
Fairfield Median House Prices
The current median price for a freestanding house for a 4 bedroom is around $1.6 million. This clearly shows that an extension or renovation often makes more sense to increase the market value of your home.
Even if you are relocating for reasons beyond your control and have no option but to sell, renovations or extensions could increase the value and therefore the selling price of your property. Period Extensions & Designs will be happy to sit down and discuss your particular needs and how we can help you bring the best out of your existing home in Fairfield.
|
Buy $2,292,500 |
||
|---|---|---|
|
2BR - |
3BR $1,920,000 |
4BR $2,310,000 |
|
Buy $700 PW |
||
|---|---|---|
|
2BR - |
3BR $650 PW |
4BR $885 PW |
|
Buy $826,000 |
||
|---|---|---|
|
1BR - |
2BR - |
3BR - |
|
Buy $390 PW |
||
|---|---|---|
|
1BR $300 PW |
2BR $420 PW |
3BR - |
Book A Free Consultation Today
One of our experienced designers will contact you to discuss your renovation or extension.