Suburb Profile Report for Fairy Meadow NSW (2519)

Fairy Meadow House: Median price $791,000, Annual capital growth 7.99%, Number of sales 66, Weekly median advertised rent $500

Fairy Meadow Unit: Median price $520,000, Annual capital growth 10.36%, Number of sales 56, Weekly median advertised rent $391

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

Source: CoreLogic

  • House Report
  • Unit Report

Fairy Meadow is in the TOP 10% 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 21.51%.

Fairy Meadow,2519 has offered an average of 21.51% return per annum in house price rises to property investors over the last three years.

The most recent median price for Fairy Meadow is $791000, with sellers offering an average of -1.85% off the asking price.

On average over the past year, suburb has had 5.50 sales per month, which equates to 66 per year.

Fairy Meadow, 2519’s gross rental yield is 3.29%

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 30.00%

Fairy Meadow,2519 has offered an average of 30.00% return per annum in house price rises to property investors over the last three years.

Property buyers and investors in Fairy Meadow 2519 should be seeing an average reduction in asking price of around -3.61% . This means that Fairy Meadow is holding prices well when compared to other suburbs in NSW.

Situated 56.96km from the CBD, Fairy Meadow is one of Wollongong localities in the postcode 2519.

Metrics i HOUSE UNIT
$791,000 $520,000
9.86% 9.13%
21.51% 30.00%
7.99% 10.36%
$500 $391
66 56
3.29% 3.91%
32.61 36.4

Source: CoreLogic

DSR Score for property investment : Good (U), Good (H)
Find a mortgage broker in Fairy Meadow NSW
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
Chart Table
Recent sales & rentals