Fairbank, a charming suburb in Victoria, Australia, offers a blend of natural beauty, a strong sense of community, and proximity to the vibrant city life of Melbourne. The suburb boasts stunning parks, excellent schools, and convenient transport options, making it an attractive place for families, young professionals, and retirees alike. This guide explores the best residential areas within Fairbank, outlining their unique characteristics, housing options, and average prices.
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Fairbank Central
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Fairbank Central is the bustling heart of the suburb, offering a vibrant atmosphere with a mix of shops, cafes, and recreational facilities. Ideal for those seeking convenience and community.
Characteristics of the Fairbank Central
* Culture: A diverse mix of cultures, community events, and local markets
* Transportation: Excellent public transport options with train and bus services
* Services: Grocery stores, medical centres, schools, and parks
* Environment: Lively and sociable
Housing Options in the Fairbank Central
Units, Townhouses, Single-family homes
Average Home Prices in the Fairbank Central
* Buying: $600,000 – $850,000
* Renting: $1,800 – $2,500/month
Greenwood Estate
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Greenwood Estate is a family-friendly area known for its spacious homes and well-maintained parks. It offers a peaceful environment with a strong sense of community, making it perfect for families.
Characteristics of the Greenwood Estate
* Culture: Community-focused with local events and activities
* Transportation: Good access to public transport and major roads
* Services: Nearby schools, child care facilities, and shopping centres
* Environment: Quiet and family-oriented
Housing Options in the Greenwood Estate
Single-family homes, Duplexes
Average Home Prices in the Greenwood Estate
* Buying: $700,000 – $950,000
* Renting: $1,600 – $2,200/month
Lakeside Views
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Lakeside Views offers stunning views and a serene environment, making it ideal for those who enjoy outdoor activities and natural beauty. The lakeside access draws in many nature lovers.
Characteristics of the Lakeside Views
* Culture: Outdoor lifestyle with a focus on recreation and nature
* Transportation: Car is recommended, with local bus routes available
* Services: Limited shops, but close proximity to Fairbank Central amenities
* Environment: Tranquil and scenic
Housing Options in the Lakeside Views
Luxury homes, Apartments, Townhouses
Average Home Prices in the Lakeside Views
* Buying: $800,000 – $1,200,000
* Renting: $2,200 – $3,000/month
Mount Fairbank
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Mount Fairbank is known for its elevated landscapes and exclusive properties. This area is sought-after for its luxury homes and proximity to scenic trails and outdoor activities.
Characteristics of the Mount Fairbank
* Culture: High-end living with a focus on outdoor experiences
* Transportation: Car is essential, limited public transport options
* Services: Exclusive shops and restaurants in nearby areas
* Environment: Prestigious and peaceful
Housing Options in the Mount Fairbank
Luxury homes, Large estates
Average Home Prices in the Mount Fairbank
* Buying: $1,200,000 – $2,000,000
* Renting: $3,000 – $4,500/month
Fairbank Heights
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Fairbank Heights offers a unique blend of urban and suburban living. Residents enjoy spectacular views and access to excellent schools and parks, making it perfect for both families and individuals.
Characteristics of the Fairbank Heights
* Culture: Vibrant community with arts and cultural events
* Transportation: Well-connected bus services and local transport
* Services: Schools, parks, cafes, and local businesses
* Environment: Dynamic and family-friendly
Housing Options in the Fairbank Heights
Apartments, Townhouses, Family homes
Average Home Prices in the Fairbank Heights
* Buying: $650,000 – $900,000
* Renting: $1,800 – $2,400/month
Riverbend Community
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Riverbend Community boasts a strong community spirit and extensive green spaces. Known for its friendliness and active lifestyle, it's ideal for outdoor enthusiasts and families.
Characteristics of the Riverbend Community
* Culture: Family-oriented with community events and activities
* Transportation: Good public transport access and cycling paths
* Services: Wide range of local shops and recreational facilities
* Environment: Friendly and active
Housing Options in the Riverbend Community
Single-family homes, Apartments, Townhouses
Average Home Prices in the Riverbend Community
* Buying: $600,000 – $800,000
* Renting: $1,500 – $2,000/month
Frequently Asked Questions About the Best Residential Areas in Fairbank:
The best residential areas in Fairbank include Fairbank Central, Greenwood Estate, Lakeside Views, Mount Fairbank, Fairbank Heights, and Riverbend Community.
Greenwood Estate is highly regarded for its family-friendly environment, offering spacious homes and community activities.
Average house prices in Fairbank range from approximately $600,000 to upwards of $2,000,000 depending on the area and property type.
Fairbank offers a variety of amenities including schools, shopping centres, medical facilities, parks, and recreational options.
Yes, Fairbank has good public transport connectivity with bus and train services available in several areas.
In Fairbank, you can find a range of properties including units, townhouses, single-family homes, and luxury estates.
Lakeside Views and Riverbend Community are known for their extensive green spaces and recreational options.
The rental market in Fairbank is competitive, with prices ranging from about $1,500 to $4,500 a month depending on the area and property type.
Yes, Fairbank has multiple schools catering to all age groups, particularly in family-oriented suburbs like Greenwood Estate.
Fairbank hosts a variety of community events throughout the year, including local markets, festivals, and recreational activities.
Conclusion on the Best Residential Areas in Fairbank:
Fairbank offers a wide array of residential areas, each with its own unique charm and benefits. Whether you prefer the bustling atmosphere of Fairbank Central, the family-friendly environment of Greenwood Estate, or the serene views of Lakeside Views, there's something for everyone. Additionally, diverse housing options cater to various budgets and lifestyles, making Fairbank a desirable location for homebuyers and tenants alike. As the suburb continues to grow and develop, it remains a fantastic choice for those looking to enjoy a vibrant community with easy access to Melbourne.
About the Author
Published by:Eribert De Oliveira
Mechatronics Engineer and founder of Mi Inmueble Online, with a background in real estate. I combine technology and analysis to help you find the best areas to live.