Over the last year, property investments in Fairy Meadow, 2519 have given investors a capital gain of 15.68%. This compares favourably with the 8.99% for NSW as a whole.
Taking the average capital gain, or increase in median house value, Fairy Meadow,2519 has racked up an average of 15.68% over the period. This ranks it number 675th in the whole country for real estate investors looking at median house price increases.
LACK OF BUYER INTEREST may well be the reason that Fairy Meadow is offering property investors an average of -5.52. This rate of discount on properties puts Suburb at number 601th in terms of most discounted suburbs in NSW
A $500 per week rent on the median house gives suburb investors a gross yield of circa 3.81%, without taking into account capital value appreciation, which has been averaging out at 6.39%.
Over the last year, property investments in Fairy Meadow, 2519 have given investors a capital gain of 3.05%. This compares badly with the 8.14% for NSW as a whole.
The five-year average increase in median property values for Fairy Meadow,2519 has given property investors a potential capital gain of 9.76% across each of those five years.
Property buyers and investors in Fairy Meadow 2519 should be seeing an average reduction in asking price of around -3.79% . This means that Fairy Meadow is holding prices well when compared to other suburbs in NSW.
Residents and property investors in Fairy Meadow have been waiting around 48.16 days to sell a property.
Advertised rents are around the $389 mark per week – giving a return of 4.99% based on the median price in Suburb