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%.