With a capital gain of 2.95% for the last 12 months, Fairfield West, 2165 has performed for property investments than its average annual 8.02% property growth over the last 5 years.
Taking the average capital gain, or increase in median house value, Fairfield West,2165 has racked up an average of 2.95% over the period. This ranks it number 631th in the whole country for real estate investors looking at median house price increases.
Vendor discounting in Fairfield West is giving property investors an average Vendor Discount of around -6.57%. This puts suburb at number 307th in NSW when ranking the most discounted suburbs.
Residents and property investors in Fairfield West have been waiting around 90.96 days to sell a property.
Over the last year, property investments in Fairfield West, 2165 have given investors a capital gain of 7.14%. This compares averagely with the 5.41% for NSW as a whole.
Fairfield West,2165 was ranked 1258 in Australia by increase in median property value over the quarter.
In the last year 10 properties changed hands in Fairfield West, which puts it as the 577th most active market in NSW when comparing the number of sales per suburb.
A $460 per week rent on the median house gives suburb investors a gross yield of circa 4.31%, without taking into account capital value appreciation, which has been averaging out at 5.48%.