Suburb Profile Report for Fairy Meadow NSW (2519)

Fairy Meadow House: Median price $840,000, Annual capital growth 8.82%, Number of sales 71, Weekly median advertised rent $505

Fairy Meadow Unit: Median price $522,500, Annual capital growth 10.38%, Number of sales 72, Weekly median advertised rent $400

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

Source: CoreLogic

  • House Report
  • Unit Report

Fairy Meadow is in the TOP 20% in NSW when comparing median price capital growth over the last year. Fairy Meadow gave property investors a very good capital gain figure when compared to the rest of the state, with 21.56%.

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Fairy Meadow has increased when compared to the 5 year average annual rate.

Vendor discounting in Fairy Meadow is giving property investors an average Vendor Discount of around -2.40%. This puts suburb at number 1164th in NSW when ranking the most discounted suburbs.

In the last year 71 properties changed hands in Fairy Meadow, which puts it as the 463th most active market in NSW when comparing the number of sales per suburb.

Using the current median advertised rental of $505 and the average annual increase in value of a median property of 8.82%, investors should hope to achieve an overall return of 3.13%

Investment property in Fairy Meadow has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 29.01%

Over the longer term, Fairy Meadow has seen property prices show investors a 46.15% return over the last 3 years. This is worse than over the last 12 months

State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.12% offered to property buyers. Sellers in Fairy Meadow itself are offering an average vendor discount of -2.79% to real estate investors.

Using the current median advertised rental of $400 and the average annual increase in value of a median property of 10.38%, investors should hope to achieve an overall return of 3.98%

Metrics i HOUSE UNIT
$840,000 $522,500
4.87% 0.48%
21.56% 29.01%
8.82% 10.38%
$505 $400
71 72
3.13% 3.98%
36.45 27.3

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
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Demographics
Total population 6586
Median household income ($/weekly) 867
Median age of persons 38
Median housing loan repayment ($/monthly) 1800
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 718 10.9
    25-34 years 981 14.9
    35-44 years 897 13.6
    45-54 years 815 12.4
    55-64 years 638 9.7
    Others 2537 38.5
    Age Group
    Census Count Percent(%)
    Not Married 2521 49.0
    Registered Married 2206 42.9
    Defacto Relationship 413 8.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 4463 71.0
    Croatia 225 3.6
    Japan 247 3.9
    United Kingdom 294 4.7
    Other 298 4.7
    Others 760 12.1
    Country of Birth
    Census Count Percent(%)
    Buddhism 134 2.2
    Christianity 4235 69.3
    Hinduism 60 1.0
    Islam 334 5.5
    No Religion 1318 21.6
    Others 28 0.5
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 283 11.6
    $400-$599 337 13.8
    $600-$799 273 11.2
    $800-$999 225 9.2
    $1,500-$1,999 264 10.8
    Others 1057 43.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 2334 44.4
    Employed, worked full-time 1618 30.8
    Employed, worked part-time 910 17.3
    Unemployed, looking for work 208 4.0
    Employed, away from work 182 3.5
    Person Characteristics
  • Census Count Percent(%)
    Professionals 540 19.9
    Technicians & trades workers 455 16.8
    Community & personal service workers 323 11.9
    Clerical & administrative workers 371 13.7
    Labourers 272 10.0
    Others 749 27.6
    Occupation
    Census Count Percent(%)
    Pre-school 120 6.8
    Infants/Primary 473 26.9
    Secondary 357 20.3
    Technical or Further Educational Institution 199 11.3
    University or other Tertiary Institutions 560 31.9
    Others 48 2.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4260 67.4
    Flat, unit or apartment 1113 17.6
    Semi-detached, row or terrace house, townhouse 761 12.0
    Caravan, cabin, houseboat 127 2.0
    House or flat attached to a shop, office 56 0.9
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 1026 39.6
    Fully owned 932 36.0
    Being purchased 608 23.5
    Other tenure type 23 0.9
    Tenure Type
Census 2011, ABS
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