With a capital gain of 1.05% for the last 12 months, Fairlight, 2094 has performed for property investments than its average annual 6.08% property growth over the last 5 years.
A 62.92% growth in median value for property investors in Fairlight,2094 puts this suburb at number 1115th in terms of best performing suburbs in NSW
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Fairlight, 2094. Typically our figures indicate that -6.79% is being offered, which puts this NSW suburb at 1375th most discounted overall in Australia.
In the last year 46 properties changed hands in Fairlight, which puts it as the 697th most active market in NSW when comparing the number of sales per suburb.
Property investors who have had real estate in Fairlight, 2094 should be pleased with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 18.20%
Fairlight,2094 was ranked 1359 in Australia by increase in median property value over the quarter.
Our latest figures would indicate that property sellers in Fairlight are currently offering property investors an average price cut of -4.08% below the asking price at the moment.
Often selling an investment property can take time, and in Fairlight the average time real estate has been on the market is 46.44 days.
With the median price for a house in Fairlight being $1250000 and the advertised rent reaching $730 the gross rental yield for property investors calculates out to be 3.04%