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.