5 Railway Place, Fairfield, VIC 3078 | House for sale | OnTheHouse
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5 Railway Place
Fairfield VIC 3078

Bedrooms: 3
Bathrooms: 1
Car spaces: -
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Landmark shopfront site in a central village location

A wide double shopfront profile in a dynamic Fairfield Village location creates a captivating first impression, with this single-level property comprising two separate dwellings on one title in a Commercial 1 zone. Surrounded by cafés, restaurants and shops and only moments from the train station, 5 & 5A Railway Place occupies a highly visible and convenient position. Each dwelling has separate utility billing and council rates, while the property offers rare size and scope on an approximately 406 sqm allotment with a large, attractive rear garden. Offered with vacant possession, this versatile multi-room property features double glazing and split-system heating and cooling, presenting dual-income potential while also offering scope to combine the dwellings into one extra-spacious tenancy. Number 5 includes a side portico entrance, separate shopfront entrance, two flexible offices/bedrooms, sitting room, kitchenette, bathroom, separate staff and client toilets and rear garden access. Number 5A offers a separate shopfront entrance, flexible office/bedroom, kitchenette and bathroom. Surrounded by the best of Northside and only meters to vibrant Fairfield Village, this tightly held and perfectly maintained property is offered for the first time in over 20 years, presenting buyers with ambition and vision myriad commercial, residential, mixed-use and redevelopment options (STCA). Directly opposite Fairfield Station and its car park with 64 unrestricted spaces, it is zoned for Northcote High School and only minutes from the primary school, Fairfield Boathouse, Yarra River parkland and nature trails, Northcote Aquatic & Recreation Centre, Westgarth Cinema, High Street restaurants and shopping, Heidelberg’s Austin Hospital and the Eastern Freeway.
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Property Details for 5 Railway Pl, Fairfield

5 Railway Pl, Fairfield is a 3 bedroom, 1 bathroom House. The place is currently for sale with Jellis Craig Fitzroy.

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About Fairfield 3078

The size of Fairfield is approximately 3.5 square kilometres. There are 22 parks, covering nearly 43.5% of the total area. The population of Fairfield in 2016 was 6558 people. By 2021 the population was 6535 showing a population decline of 0.4% in the area during that time. The predominant age group in Fairfield is 30-39 years. Households in Fairfield are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Fairfield work in a professional occupation.In 2021, 56.60% of the homes in Fairfield were owner-occupied compared with 54.40% in 2016.

Fairfield has 4,240 properties. Over the last 5 years, Houses in Fairfield have seen a -4.77% decrease in median value, while Units have seen a -2.04% decrease. As at 31 July 2026:

  • The median value for Houses in Fairfield is $1,815,648 while the median value for Units is $660,523.
  • Houses have a median rent of $825 while Units have a median rent of $500.
There are currently 9 properties listed for sale, and 9 properties listed for rent in Fairfield on OnTheHouse. According to Cotality's data, 189 properties were sold in the past 12 months in Fairfield.

Suburb Insights for Fairfield 3078

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Antony Woodley
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Joshua Franzi
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Jellis Craig Fitzroy
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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.