11/42 Gillies St, Fairfield is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1975. The property has a land size of 809m2 and floor size of 25m2. While the property is not currently for sale or for rent, it was last sold in October 2025. There are other 1 bedroom Unit sold in Fairfield in the last 12 months.
Sold by McGrath Ivanhoe Set on the top level of an original 1975 block, this 1-bedroom apartment is the perfect canvas for renovators, first-home buyers, or investors. Mostly original throughout, it offers solid bones and plenty of scope to update and add value.The floor plan includes a spacious bedroom with built-in robes and air-conditioning, a light-filled lounge and dining area, and a functional kitchen with a brand-new benchtop oven. A tiled bathroom, communal laundry, and a car space on title complete the package.Positioned in one of Fairfield's finest tree-lined avenues, the apartment enjoys leafy outlooks and superb convenience-just a short stroll to Fairfield Village cafs, Station Street shops, Fairfield Train Station, and the Yarra River's parklands and trails.An outstanding opportunity to secure an affordable entry into a tightly held pocket, with excellent potential to transform into something special.
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 4,215 properties. Over the last 5 years, Houses in Fairfield have seen a -0.49% decrease in median value, while Units have seen a -6.85% decrease. As at 31 May 2026:
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