Fairfield vs Ivanhoe

Ivanhoe (median $2,025,000) is roughly 1% cheaper to buy into than Fairfield ($2,050,000).

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Fairfield and Ivanhoe side by side

MeasureFairfieldIvanhoe
Price and market
Median house$2,050,000$2,025,000
Median unit$594,000$650,000
Renting
House rent$850/wk$750/wk
Unit rent$575/wk$600/wk
Schools
Schools nearby2020
Average ICSEA11381126
Lifestyle and people
Walk score100100
Transit score10020
Bike score100100
Climate
Annual rainfall611 mm654 mm
Mean max, January27.0°C27.1°C

Green dot: better on that measure (lower price, higher growth, higher walkability, lower risk). Each suburb’s profile gives the source and period of its figures.

Which suits whom

On school quality, the average ICSEA across schools serving Fairfield (1138) sits above Ivanhoe (1126).

For buyers
Ivanhoe is the lower entry point at $2,025,000 median, 1% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
For investors
Fairfield offers the higher gross rental yield (2.16% vs 1.93%), favouring cash-flow investors.
For families
Fairfield edges out on average school ICSEA (1138 vs 1126).

Fairfield vs Ivanhoe: common questions

Is Fairfield or Ivanhoe cheaper to buy in?

Ivanhoe has the lower median house price at $2,025,000, roughly 1% below Fairfield ($2,050,000). The gap on units is usually similar but worth checking on the full suburb profiles.

Does Fairfield or Ivanhoe have better schools?

On average school ICSEA (the ACARA index that benchmarks educational advantage), Fairfield scores 1138 vs 1126 in Ivanhoe. ICSEA is a school-community indicator, not a quality rating, so always check NAPLAN results and catchment boundaries for the specific address you're considering.

Which suburb has higher rental yield, Fairfield or Ivanhoe?

Gross rental yield on houses is 2.16% in Fairfield vs 1.93% in Ivanhoe. Gross yield equals annual rent divided by purchase price. Net yield (after strata, rates, insurance, agent fees and maintenance) typically runs 1.5-2 percentage points lower.