Suburb Profile Report for Fairfield Heights NSW (2165)

Fairfield Heights House: Median price $742,000, Annual capital growth 8.57%, Number of sales 86, Weekly median advertised rent $450

Fairfield Heights Unit: Median price $540,000, Annual capital growth 5.86%, Number of sales 22, Weekly median advertised rent $470

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

Source: CoreLogic

  • House Report
  • Unit Report

NSW has seen average median house prices change by 7.15% which means that Fairfield Heights, 2165 has done well for property investors by showing a capital gain of 4.51% over the last year

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.

State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.53% offered to property buyers. Sellers in Fairfield Heights itself are offering an average vendor discount of -6.37% to real estate investors.

At number 2274 in a list of fastest selling suburbs, Fairfield Heights is in the bottom 40% of suburbs in Australia with an average of days on market 89.97 for properties listed there.

Renters in Suburb are facing rents around $5400 per annum or $450 every week.

Fairfield Heights has had a pretty good year for property investment returns compared to the rest of NSW, giving investors a capital gain of 9.09% to date .

The five-year average increase in median property values for Fairfield Heights,2165 has given property investors a potential capital gain of 55.17% across each of those five years.

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 Fairfield Heights, 2165. Typically our figures indicate that -5.25% is being offered, which puts this NSW suburb at 688th most discounted overall in Australia.

In the last year 22 properties changed hands in Fairfield Heights, which puts it as the 413th most active market in NSW when comparing the number of sales per suburb.

HOUSE UNIT
$742,000 $540,000
-1.46% N/A
4.51% 9.09%
8.57% 5.86%
$450 $470
86 22
3.15% 4.53%
89.97 42.06

Source: CoreLogic

DSR Score for property investment : Good (H), Above average (U)
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Demographics
Total population 6648
Median household income ($/weekly) 912
Median age of persons 34
Median housing loan repayment ($/monthly) 2011
Average household size 3.2
  • Census Count Percent(%)
    5-14 years 914 13.7
    25-34 years 928 14.0
    35-44 years 874 13.1
    45-54 years 895 13.5
    55-64 years 708 10.6
    Others 2330 35.0
    Age Group
    Census Count Percent(%)
    Not Married 2537 50.6
    Registered Married 2311 46.1
    Defacto Relationship 161 3.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 2350 37.3
    Canada 177 2.8
    Ireland 1479 23.5
    Viet Nam 579 9.2
    Other 636 10.1
    Others 1082 17.2
    Country of Birth
    Census Count Percent(%)
    Buddhism 874 14.0
    Christianity 4313 69.1
    Islam 486 7.8
    Other Religious Groups 91 1.5
    No Religion 423 6.8
    Others 57 0.9
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 250 14.0
    $600-$799 223 12.5
    $800-$999 183 10.3
    $1,000-$1,249 178 10.0
    $1,500-$1,999 185 10.4
    Others 766 42.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 2710 54.5
    Employed, worked full-time 1258 25.3
    Employed, worked part-time 564 11.4
    Unemployed, looking for work 262 5.3
    Employed, away from work 174 3.5
    Person Characteristics
  • Census Count Percent(%)
    Professionals 272 13.6
    Technicians & trades workers 308 15.4
    Clerical & administrative workers 294 14.7
    Machinery operators & drivers 236 11.8
    Labourers 334 16.8
    Others 550 27.6
    Occupation
    Census Count Percent(%)
    Infants/Primary 505 30.5
    Secondary 479 28.9
    Technical or Further Educational Institution 263 15.9
    University or other Tertiary Institutions 211 12.7
    Other type of educational institution 101 6.1
    Others 96 5.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4539 70.2
    Semi-detached, row or terrace house, townhouse 1721 26.6
    Flat, unit or apartment 197 3.0
    Improvised home, tent, sleepers out 5 0.1
    House or flat attached to a shop, office 3 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 833 43.3
    Fully owned 554 28.8
    Being purchased 525 27.3
    Other tenure type 14 0.7
    Tenure Type
Census 2011, ABS
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Recent sales & rentals