Suburb Profile Report for Fairfield East NSW (2165)

Fairfield East House: Median price $788,000, Annual capital growth 9.82%, Number of sales 47, Weekly median advertised rent $450

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

Source: CoreLogic

  • House Report

At number 701th in the list of Australian suburbs ordered by increase in median house value over the last year, Fairfield East, 2165 is in the top 20% with a property value increase of 16.74% recorded in median house prices.

The five-year average increase in median property values for Fairfield East,2165 has given property investors a potential capital gain of 97.00% across each of those five years.

Our latest figures would indicate that property sellers in Fairfield East are currently offering property investors an average price cut of -5.02% below the asking price at the moment.

With the median price for a house in Fairfield East being $788000 and the advertised rent reaching $450 the gross rental yield for property investors calculates out to be 2.97%

Metrics i HOUSE UNIT
$788,000 N/A
0.00% N/A
16.74% N/A
9.82% N/A
$450 N/A
47 N/A
2.97% N/A
74.18 N/A

Source: CoreLogic

DSR Score for property investment : Good (H), Above average (U)
Find a mortgage broker in Fairfield East NSW
Demographics
Total population 5074
Median household income ($/weekly) 848
Median age of persons 34
Median housing loan repayment ($/monthly) 1842
Average household size 3.2
  • Census Count Percent(%)
    5-14 years 782 15.4
    25-34 years 663 13.1
    35-44 years 640 12.6
    45-54 years 655 12.9
    55-64 years 549 10.8
    Others 1785 35.2
    Age Group
    Census Count Percent(%)
    Not Married 1810 49.8
    Registered Married 1678 46.1
    Defacto Relationship 149 4.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 2125 44.3
    Croatia 182 3.8
    Ireland 194 4.0
    Viet Nam 948 19.8
    Other 480 10.0
    Others 865 18.0
    Country of Birth
    Census Count Percent(%)
    Buddhism 1240 26.0
    Christianity 2239 47.0
    Hinduism 39 0.8
    Islam 770 16.2
    No Religion 460 9.6
    Others 19 0.4
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 119 9.1
    $400-$599 191 14.6
    $600-$799 143 10.9
    $800-$999 123 9.4
    $1,500-$1,999 143 10.9
    Others 589 45.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1945 52.3
    Employed, worked full-time 1007 27.1
    Employed, worked part-time 434 11.7
    Unemployed, looking for work 210 5.7
    Employed, away from work 120 3.2
    Person Characteristics
  • Census Count Percent(%)
    Professionals 233 14.9
    Technicians & trades workers 259 16.6
    Clerical & administrative workers 221 14.1
    Machinery operators & drivers 207 13.2
    Labourers 251 16.1
    Others 392 25.1
    Occupation
    Census Count Percent(%)
    Pre-school 83 6.4
    Infants/Primary 464 35.9
    Secondary 374 29.0
    Technical or Further Educational Institution 135 10.5
    University or other Tertiary Institutions 197 15.3
    Others 38 2.9
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3768 77.9
    Semi-detached, row or terrace house, townhouse 785 16.2
    Flat, unit or apartment 281 5.8
    House or flat attached to a shop, office 5 0.1
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 566 39.7
    Being purchased 438 30.7
    Fully owned 405 28.4
    Other tenure type 17 1.2
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals