Property investors who have had real estate in Fairfield Heights, 2165 should be relatively 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 11.19%
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Fairfield Heights has increased when compared to the 5 year average annual rate.
Our latest figures would indicate that property sellers in Fairfield Heights are currently offering property investors an average price cut of -6.42% below the asking price at the moment.
At number 2020 in a list of fastest selling suburbs, Fairfield Heights is just in the bottom half of suburbs in Australia with an average of days on market 82.51 for properties listed there.
Renters in Suburb are facing rents around $5400 per annum or $450 every week.
At number 242th in the list of Australian suburbs ordered by increase in median house value over the last year, Fairfield Heights, 2165 is in the top 20% with a property value increase of 14.95% recorded in median house prices.
The most recent median price for Fairfield Heights is $540000, with sellers offering an average of -5.25% off the asking price.