Suburb Profile Report for Fairlight NSW (2094)

Fairlight House: Median price $1,990,100, Annual capital growth 6.50%, Number of sales 47, Weekly median advertised rent $1,350

Fairlight Unit: Median price $1,250,000, Annual capital growth 7.84%, Number of sales 82, Weekly median advertised rent $745

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

With a capital gain of 8.75% for the last 12 months, Fairlight, 2094 has performed for property investments than its average annual 6.50% property growth over the last 5 years.

When looking at the potential capital gains offered to property investors over the last 3 years, Fairlight comes in at number 522th in NSW.

State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.50% offered to property buyers. Sellers in Fairlight itself are offering an average vendor discount of -5.88% to real estate investors.

The NSW suburb of Fairlight, 2094 is in the Manly local government area.

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 23.89%

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Fairlight has increased when compared to the 5 year average annual rate.

State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.45% offered to property buyers. Sellers in Fairlight itself are offering an average vendor discount of -3.72% to real estate investors.

Residents and property investors in Fairlight have been waiting around 45.62 days to sell a property.

HOUSE UNIT
$1,990,100 $1,250,000
4.74% -2.72%
8.75% 23.89%
6.50% 7.84%
$1,350 $745
47 82
3.53% 3.10%
61.65 45.62

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
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Demographics
Total population 5489
Median household income ($/weekly) 2213
Median age of persons 37
Median housing loan repayment ($/monthly) 3000
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 482 8.8
    25-34 years 990 18.0
    35-44 years 1078 19.6
    45-54 years 723 13.2
    55-64 years 573 10.4
    Others 1644 29.9
    Age Group
    Census Count Percent(%)
    Registered Married 2011 48.5
    Not Married 1556 37.5
    Defacto Relationship 579 14.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 3452 66.1
    Papua New Guinea 161 3.1
    South Africa 87 1.7
    United Kingdom 779 14.9
    Other 263 5.0
    Others 480 9.2
    Country of Birth
    Census Count Percent(%)
    Buddhism 70 1.4
    Christianity 3189 63.7
    Hinduism 18 0.4
    Other Religious Groups 19 0.4
    No Religion 1676 33.5
    Others 31 0.6
    Religious Affiliation
  • Census Count Percent(%)
    $1,500-$1,999 228 11.3
    $2,000-$2,499 176 8.7
    $2,500-$2,999 334 16.5
    $3,000-$3,499 183 9.1
    $4,000 or more 271 13.4
    Others 829 41.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 2080 48.2
    Not in the labour force 1087 25.2
    Employed, worked part-time 874 20.2
    Employed, away from work 175 4.1
    Unemployed, looking for work 101 2.3
    Person Characteristics
  • Census Count Percent(%)
    Managers 602 19.2
    Professionals 1189 38.0
    Community & personal service workers 257 8.2
    Clerical & administrative workers 405 12.9
    Sales 244 7.8
    Others 433 13.8
    Occupation
    Census Count Percent(%)
    Pre-school 116 10.7
    Infants/Primary 342 31.5
    Secondary 225 20.7
    Technical or Further Educational Institution 98 9.0
    University or other Tertiary Institutions 253 23.3
    Others 52 4.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Flat, unit or apartment 2240 43.4
    Separate house 1921 37.2
    Semi-detached, row or terrace house, townhouse 973 18.8
    House or flat attached to a shop, office 28 0.5
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 801 36.3
    Fully owned 723 32.8
    Being purchased 674 30.5
    Other tenure type 9 0.4
    Tenure Type
Census 2011, ABS
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