If you compare the increase in value of investment property in Fairfield West, 2165 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this NSW suburb was 5.93%.
Fairfield West,2165 was ranked 968 in Australia by increase in median property value over the quarter.
Sellers are offering property buyers an average discount of -6.14% to buyers in Fairfield West at the moment, which is less than average for the rest of NSW.
On average over the past year, suburb has had 9.50 sales per month, which equates to 114 per year.
At number 615th in the list of Australian suburbs ordered by increase in median house value over the last year, Fairfield West, 2165 is in the top 40% with a property value increase of 6.16% recorded in median house prices.
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 West, 2165. Typically our figures indicate that -10.10% is being offered, which puts this NSW suburb at 57th most discounted overall in Australia.
At number 1126 in a list of fastest selling suburbs, Fairfield West is in the bottom 30% of suburbs in Australia with an average of days on market 99.36 for properties listed there.
Fairfield West, 2165’s gross rental yield is 4.27%