3/11 Arthur Street, Fairfield VIC 3078

3/11 Arthur Street, Fairfield VIC 3078
Rear corner | treetop balcony | walk to Yarra and station | double car garage | owner-occupied complex The townhouse is placed in a quiet rear corner of its complex, a rare setting. Its full-width balcony is oriented toward treetops and sunset, giving calm outlooks within a walkable riverside village. The layout is configured with ground-floor bedrooms and an upper-level living zone, designed for downsizers or professionals seeking separation between day and night. A double garage with internal access is included, and the complex is known for long owner-occupier tenure, with low turnover. This property is best suited to buyers valuing a lock-and-leave lifestyle close to Yarra, station, and café precinct, without sacrificing parking or storage. Value may be shaped by the balcony’s priority over a traditional garden, with appeal to some families being limited. The upper-level living zone might be seen as less suitable for older buyers, while the ground-floor bedroom layout is likely to be suited to multi-generational households. Price stability may also be supported by the low turnover among owner-occupiers.
Detailed Independent Property Report prepared  by PropCred Analyst team for 3/11 Arthur Street, Fairfield VIC 3078
Checks found:
Value Risk ✕ 2
Liquidity Risk ✕ 2
Planning Risk ✕ 2
Income Risk ✕ 2
Execution Risk ✓
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Market Insight

Fairfield is an established inner-suburban market where character housing, culture and convenience attract families and professionals. Median house prices sit near $1.8 million, with annual growth estimates varying from 6.1% to 12.5% across sources; quarterly movements show a sharper 15.6% decline, indicating volatility. Houses sell in roughly 34 to 74 days, while annual sales volume is thin at 55–63 properties, reinforcing a low-turnover, tightly held market. The unit segment is weaker: median values range from $493,000 to $740,000 and annual growth is negative, between 7.5% and 18.9%, with quarterly falls also recorded. Gross rental yields are modest for houses at 2.3–2.8%, while units offer firmer returns around 4.3–4.5%. Weekly house rents vary from $650 to $850 and unit rents from $460 to $480. Transport access via local roads, stations and nearby suburbs such as Alphington, Northcote and Kew supports demand, but affordability constraints, rate sensitivity and inconsistent price momentum remain key risks, particularly for units.
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PropCred Estimated Value

Comparable Sales: A 3-bed/1-bath/2-car Fairfield dwelling sold at $1.965M | Property Price Band: $1.0M-$1.1M | Value Drivers: treetop balcony, double car access, layout

Bedrooms

3

Bathroom

2

Parking

2

Land

850m²

Research & Review Prepared by Steve Dalton, Senior Analyst · Reviewed by Matt Proctor, Principal Analyst
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