Suburb Profile Report for Fairfield East NSW (2165)

Fairfield East House: Median price $713,000, Annual capital growth 8.18%, Number of sales 38, Weekly median advertised rent $430

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

Source: CoreLogic

  • House Report

At number 1618th in the list of Australian suburbs ordered by increase in median house value over the last year, Fairfield East, 2165 is in the top 40% with a property value increase of 6.42% recorded in median house prices.

Taking the average capital gain, or increase in median house value, Fairfield East,2165 has racked up an average of 6.42% over the period. This ranks it number 537th in the whole country for real estate investors looking at median house price increases.

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 Fairfield East itself are offering an average vendor discount of -9.10% to real estate investors.

Using the current median advertised rental of $430 and the average annual increase in value of a median property of 8.18%, investors should hope to achieve an overall return of 3.14%

HOUSE UNIT
$713,000 N/A
6.42% N/A
6.42% N/A
8.18% N/A
$430 N/A
38 N/A
3.14% N/A
108.63 N/A

Source: CoreLogic

DSR Score for property investment : Above average (U), Above average (H)
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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
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