Suburb Profile Report for Fairfield West NSW (2165)

Fairfield West House: Median price $728,251, Annual capital growth 8.55%, Number of sales 111, Weekly median advertised rent $460

Fairfield West Unit: Median price $555,000, Annual capital growth 5.05%, Number of sales 11, Weekly median advertised rent $460

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

Source: CoreLogic

  • House Report
  • Unit Report

Fairfield West has had a pretty average year for property investment returns compared to the rest of NSW, giving investors a capital gain of 7.10% to date .

When looking at the potential capital gains offered to property investors over the last 3 years, Fairfield West comes in at number 445th in NSW.

At number 305th of NSW’s most discounted properties, Fairfield West is in the bottom 30% of the state/territory when listing in order of most discounted to least.

Advertised rents are around the $460 mark per week – giving a return of 3.28% based on the median price in Suburb

Investment property in Fairfield West has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 4.13%

Across a shorter period, Fairfield West, 2165 has seen a median price increase of -0.45% over the last quarter.

Our latest figures would indicate that property sellers in Fairfield West are currently offering property investors an average price cut of -8.96% below the asking price at the moment.

The NSW suburb of Fairfield West, 2165 is in the Fairfield local government area.

Metrics i HOUSE UNIT
$728,251 $555,000
4.78% -0.45%
7.10% 4.13%
8.55% 5.05%
$460 $460
111 11
3.28% 4.31%
83.9 91.66

Source: CoreLogic

DSR Score for property investment : Good (H), Above average (U)
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Demographics
Total population 10760
Median household income ($/weekly) 1083
Median age of persons 36
Median housing loan repayment ($/monthly) 1879
Average household size 3.3
  • Census Count Percent(%)
    5-14 years 1651 15.3
    25-34 years 1357 12.6
    35-44 years 1557 14.5
    45-54 years 1394 13.0
    55-64 years 1183 11.0
    Others 3618 33.6
    Age Group
    Census Count Percent(%)
    Registered Married 4121 51.1
    Not Married 3660 45.4
    Defacto Relationship 289 3.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 4783 46.7
    Canada 376 3.7
    Ireland 1135 11.1
    Viet Nam 1366 13.3
    Other 961 9.4
    Others 1618 15.8
    Country of Birth
    Census Count Percent(%)
    Buddhism 1951 19.2
    Christianity 6705 66.1
    Islam 461 4.5
    Other Religious Groups 69 0.7
    No Religion 893 8.8
    Others 58 0.6
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 348 12.7
    $600-$799 322 11.7
    $800-$999 270 9.8
    $1,000-$1,249 284 10.3
    $1,500-$1,999 325 11.8
    Others 1196 43.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 3772 46.8
    Employed, worked full-time 2554 31.7
    Employed, worked part-time 1051 13.0
    Unemployed, looking for work 382 4.7
    Employed, away from work 300 3.7
    Person Characteristics
  • Census Count Percent(%)
    Professionals 459 11.7
    Technicians & trades workers 671 17.2
    Clerical & administrative workers 615 15.7
    Machinery operators & drivers 517 13.2
    Labourers 597 15.3
    Others 1048 26.8
    Occupation
    Census Count Percent(%)
    Pre-school 155 5.5
    Infants/Primary 933 33.2
    Secondary 909 32.3
    Technical or Further Educational Institution 314 11.2
    University or other Tertiary Institutions 404 14.4
    Others 97 3.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 9926 95.3
    Semi-detached, row or terrace house, townhouse 451 4.3
    House or flat attached to a shop, office 39 0.4
    Flat, unit or apartment 0 0.0
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 1180 39.3
    Being purchased 1143 38.1
    Rented 664 22.1
    Other tenure type 16 0.5
    Tenure Type
Census 2011, ABS
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Recent sales & rentals