Suburb Profile Report for Fairfield Heights NSW (2165)

Fairfield Heights House: Median price $745,000, Annual capital growth 8.77%, Number of sales 99, Weekly median advertised rent $488

Fairfield Heights Unit: Median price $540,000, Annual capital growth 5.77%, Number of sales 16, Weekly median advertised rent $470

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

Source: CoreLogic

  • House Report
  • Unit Report

Fairfield Heights has had a very poor year for property investment returns compared to the rest of NSW, giving investors a capital gain of -1.06% to date .

Fairfield Heights,2165 was ranked 2573 in Australia by increase in median property value over the quarter.

Our latest figures would indicate that property sellers in Fairfield Heights are currently offering property investors an average price cut of -6.31% below the asking price at the moment.

Fairfield Heights, 2165’s gross rental yield is 3.40%

Property investors who have had real estate in Fairfield Heights, 2165 should be relatively unhappy with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -0.51%

When looking at the potential capital gains offered to property investors over the last 3 years, Fairfield Heights comes in at number 363th in NSW.

Vendor discounting in Fairfield Heights is giving property investors an average Vendor Discount of around -3.48%. This puts suburb at number 336th in NSW when ranking the most discounted suburbs.

A $470 per week rent on the median house gives suburb investors a gross yield of circa 4.53%, without taking into account capital value appreciation, which has been averaging out at 5.77%.

Metrics i HOUSE UNIT
$745,000 $540,000
0.00% N/A
-1.06% -0.51%
8.77% 5.77%
$488 $470
99 16
3.40% 4.53%
86.59 35.71

Source: CoreLogic

DSR Score for property investment : Good (U), Above average (H)
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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
Chart Table
Recent sales & rentals