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AREA REPORTS

Fairfield West

NSW/
Fairfield west

Suburb Profile

Fairfield West - FREE SUBURB PROFILE REPORT
POSTAL CODE: NSW,2165

house

FAIRFIELD WEST, 2165 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 $730,000.

Profits due to an upward trend in home prices in the suburb averaged 2.19% per annum over a 3-year period.

FAIRFIELD WEST now ranks at the 953rd place on a list of fastest growing suburbs in the territory.

Figures from the previous quarter show that capital gains for real estate buyers in FAIRFIELD WEST are low, as opposed to average gains per annum over the past five years.

Because of this real estate investors could earn a rental income of $470 based on current median home prices.

Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In FAIRFIELD WEST, homes and units usually stay on listing for an average of 69.2 days.

In 2016, 121 properties were sold in FAIRFIELD WEST during the past year, making it the 1329th most active market in NSW based on total real estate transactions.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $730,000 N/A
GROWTH REPORT
Median Quarterly -3.31% N/A
Median 12 month -4.07% N/A
Median 3 years 6.57% N/A
Median 5 years 51.77% N/A
10 years average annual 8.85% N/A
Weekly media advert. rent $470 N/A
Time on Market 69.2 days N/A
Gross Rental Yield Percent 3.35% N/A
demographics (median values)
Total Population
10301
Weekly Household Income
967
Household Size
3.30
demographics
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