Fairy Meadow has had a A very good year for property investment returns compared to the rest of NSW, giving investors a capital gain of 15.33% to date .
When looking at the potential capital gains offered to property investors over the last 3 years, Fairy Meadow comes in at number 463th in NSW.
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.55% offered to property buyers. Sellers in Fairy Meadow itself are offering an average vendor discount of -4.97% to real estate investors.
On average over the past year, suburb has had 5.67 sales per month, which equates to 68 per year.
Over the last year, property investments in Fairy Meadow, 2519 have given investors a capital gain of 14.29%. This compares very favourably with the 6.92% for NSW as a whole.
Across a shorter period, Fairy Meadow, 2519 has seen a median price increase of 8.64% over the last quarter.
At number 275th of NSW’s most discounted properties, Fairy Meadow is in the middle of the state/territory when listing in order of most discounted to least.
Advertised rents are around the $397.5 mark per week – giving a return of 4.70% based on the median price in Suburb