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Fairlight

POSTAL CODE: NSW, 2094
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Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.

The suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $4,127,500.

The upward trend in home prices in FAIRLIGHT, 2094 averaged 7.43% per annum over a 3-year period.

Average weekly rents on listings have reached the $1800 mark, reflecting a 2.27% increase in returns based on the current median price in FAIRLIGHT.

An average of 3.33 real estate transactions take place per month in FAIRLIGHT which translates to 40 per annum.

40 properties were sold in FAIRLIGHT in 2016, making it the 535th most active market in NSW based on total real estate transactions.

FAIRLIGHT, 2094 places 1013th in Australia based on median property value growth during the quarter.

Surburb overview

Fairlight, located approximately 13 kilometres northeast of Sydney's central business district, is a suburb within the Northern Beaches Council's jurisdiction. It is between Balgowlah and Manly, extending on both sides of Sydney Road. The suburb extends north past Balgowlah Road, with Hill Street marking its western boundary.

As of the 2021 Census, Fairlight had 6,146 residents, with a median age of 40. The majority, 63.9%, were born in Australia, followed by England at 11.5%. English was the predominant language spoken at home, accounting for 86.1% of households.

Fairlight Beach, located on the Manly Scenic Walkway along Sydney Harbour, is a notable landmark. The beach features a small tidal swimming pool and is popular for swimming and snorkelling. It also offers views of harbour yacht races. The Manly Golf Club and Golf Course are also within the suburb. A shopping strip along Sydney Road provides residents access to various shops and cafes.

Regarding real estate, Fairlight offers a variety of character properties, including Art Deco apartments, timber cottages, modern high-rises, and substantial harbourside homes. Based on the last 12 months of sales, the median house price in Fairlight is approximately $3,500,000.

Community events, such as the annual Christmas Lights fundraising competition on Edwin Street, contribute to the suburb's vibrant community spirit.

Fairlight offers a blend of residential charm, recreational amenities, and a strong sense of community, making it a desirable suburb within Sydney's Northern Beaches region. 

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