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Fairfield vs Wye River

Property investment comparison - Fairfield, VIC 3078 vs Wye River, VIC 3234

Head-to-head across core investment metrics: Fairfield wins 0, Wye River wins 2. The better choice depends on whether you're optimising for cash flow, growth, affordability, or liquidity, the table below highlights the winner on each metric.

MetricFairfieldWye River
Median house price$1.8M$1.7M
Median unit price-$410K
Gross rental yield (houses)2.59%2.92%
Gross rental yield (units)4.42%-
1-year house growth+6.1%-
3-year house growth+13.2%-
Vacancy rate1.0%-
Population6,53567

Fairfield vs Wye River: what the numbers say

The median house price is $1.8M in Fairfield and $1.7M in Wye River, so Wye River is the cheaper entry point, with Fairfield houses about 3% dearer.

On cash flow, Wye River leads: houses there return a gross rental yield of 2.92%, compared with 2.59% in Fairfield, a gap of 0.33 percentage points.

Fairfield is the bigger suburb, with a population of 6,535 against 67, roughly 98 times the size of Wye River; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Wye River for rental income, Wye River for a lower purchase price. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.

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Fairfield vs Wye River: Suburb Comparison 2026