218 Station Street, Fairfield, VIC 3078 | Property Value & History | OnTheHouse
OFF MARKET

218 Station Street
Fairfield VIC 3078

Bedrooms: 5
Bathrooms: 4
Car spaces: -
Land area: 684m2
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Property Details for 218 Station St, Fairfield

218 Station St, Fairfield is a 5 bedroom, 4 bathroom House. The property has a land size of 684m2.

Building Type
House
Land Size
684m2
Local Government
Darebin

Last Listing description (June 2025)

218-222 Station Street, Fairfield offers investors, land bankers and part owner occupiers the opportunity to secure a high exposure and prominent 684m2(approx.) landholding with significant rental upside.

The property can be summarized by the key investment highlights:

-A multi-tenanted retail, office and residential building across four (4) separate tenancies including 10 Year Lease commencing Dec-21 to Fairfield Pizza (218 Station Street).
-A two (2) level mixed-use building across 474m2 (approx.) of total building area as well as separate balconies, private open space and rear garden.
-A high exposure 684m2 (approx.) landholding with outstanding development potential and opportunity for strata subdivision and subsequent sell down (STCA).
The property is ideally situated adjacent to Fairfield business central and station, making it an attractive investment opportunity.

Key Features
• Total building area of 474 sqm (approx.)
• Land size of 683 sqm (approx.)
• Fully leased with an annual rental income of approx. $133,484
• 2 retail shops + 2 residential apartments
• Commercial 1 Zone (C1Z) - redevelopment potential (STCA)
• Prime Station Street frontage with high exposure
• Close proximity to Fairfield Train Station, cafes, restaurants, and services
• Only 6km to Melbourne CBD

Property History for 218 Station St, Fairfield, VIC 3078

A timeline of how this property has performed in the market
Listed for Rent
$545/w
14 Aug 2018
  • 28 Apr 2025
    Listed for Sale $2,980,000 - $3,100,000
  • 31 May 2023
    Listed for Sale Contact Agent
  • 04 Nov 2022
    Listed for Sale Contact Agent
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About Fairfield 3078

The size of Fairfield is approximately 3.5 square kilometres. It has 22 parks covering nearly 43.5% of 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 4,218 properties. Over the last 5 years, Houses in Fairfield have seen a 22.21% increase in median value, while Units have seen a 14.41% increase. As at 31 December 2025:

  • The median value for Houses in Fairfield is $1,932,451 while the median value for Units is $688,757.
  • Houses have a median rent of $650 while Units have a median rent of $480.
There are currently 4 properties listed for sale, and 5 properties listed for rent in Fairfield on OnTheHouse. According to Cotality's data, 207 properties were sold in the past 12 months in Fairfield.

Suburb Insights for Fairfield 3078

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Cotality Copyright and Legal Disclaimers about Property Data
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.