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Fairview Park

POSTAL CODE: SA, 5126
HOUSE

Property investors enjoyed capital gains of 6.79% over the last 12 months in FAIRVIEW PARK, translating to lower returns compared with its peers in SA.

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

The suburb posted a 33.75% growth in median prices over a three-year period. This is considerably higher than the gains it recorded over the past year.

This number can mean, real estate investors could earn a rental income of $600 based on current median home prices for the suburb.

On average, rents on listings have reached the $600 mark, reflecting a 3.89% increase in returns based on the current median price in FAIRVIEW PARK.

FAIRVIEW PARK, 5126 ranks 328th in SA in terms of median property value increase and capital gains, based on year-to-date figures.

While it ranks 137th on the list of best yielding suburbs for rental properties in SA, posting a 3.89% return.

Surburb overview

Fairview Park, located in the northeastern suburbs of Adelaide, South Australia, lies approximately 22 kilometres from Adelaide’s central business district (CBD). It is part of the City of Tea Tree Gully, a local government area that covers much of Adelaide’s outer northeastern suburbs. Fairview Park is a primarily residential suburb, with a growing population that reached around 4,500 residents as of the most recent census.

The demographics of Fairview Park reflect a diverse mix of families, retirees, and young professionals. English is the predominant language spoken, and there is a high level of homeownership. The median age of residents tends to be slightly older compared to other nearby suburbs, with a significant proportion of the population being aged 40 and above.

Public transportation in Fairview Park is mainly serviced by bus routes that connect to the O-Bahn busway, providing a quick and efficient link to the Adelaide CBD. The Tea Tree Plaza Interchange is nearby, offering residents convenient access to a wide range of bus services for their daily commute or leisure travel.

Fairview Park offers several local establishments for shopping and recreation. The Fairview Green Shopping Centre provides residents with essential retail options, including a supermarket, specialty stores, and cafes. Additionally, several parks are scattered throughout the area, such as the Fairview Park Reserve, which offers green spaces for outdoor activities, picnics, and playgrounds.

Recreational activities in Fairview Park are varied, with several sporting clubs and facilities located nearby. The Tea Tree Gully Golf Club is a popular destination for golf enthusiasts, offering a well-maintained course with scenic views. Schools such as Fairview Park Primary School serve the educational needs of local families, making the suburb an attractive option for those with young children.

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