28 Olive St, Fairfield is a 5 bedroom, 2 bathroom House with 1 parking spaces. The property has a land size of 878m2 and floor size of 125m2. While the property is not currently for sale or for rent, it was last sold in April 2024.
Why you'll love it:
Situated on approximately 873Sqm & spread across two lots, this magnificent block offers the potential to buy and build in the highly convenient and fast-growing suburb of Fairfield. Welcome to 28 Olive St.
Whether looking to buy, hold and land-bank or develop this property offers the potential to do both. In a position where land is king, opportunities such as this do not come often. Zoned R4 and with the potential to build high density residential up to 20m high (STCA).
Features included:
- 873sqm block (approx)
- 18m frontage (approx)
- Zoned R4 High Density up to 20m
- Two lots, ability to subdivide (STCA)
- Potential to build granny flat and have dual income property
Best suited for:
The savvy developer looking to subdivide or build in fast-paced growing location (STCA) and add value, the investor looking to build a granny flat (STCA) and enjoy the rewards of the capital growth and steady rental return. The savvy investor looking to bank land in R4 zoned location.
The size of Fairfield is approximately 4.5 square kilometres. There are 9 parks, covering nearly 6.0% of the total area. The population of Fairfield in 2016 was 18081 people. By 2021 the population was 18596 showing a population growth of 2.8% in the area during that time. The predominant age group in Fairfield is 50-59 years. Households in Fairfield are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Fairfield work in a professional occupation.In 2021, 38.90% of the homes in Fairfield were owner-occupied compared with 40.70% in 2016.
Fairfield has 8,289 properties. Over the last 5 years, Houses in Fairfield have seen a 51.57% increase in median value, while Units have seen a 23.40% increase. As at 31 May 2026:
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