At number 452th in the list of Australian suburbs ordered by increase in median house value over the last year, Fairy Meadow, 2519 is in the top 20% with a property value increase of 20.14% recorded in median house prices.
When looking at the potential capital gains offered to property investors over the last 3 years, Fairy Meadow comes in at number 139th in NSW.
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 Fairy Meadow, 2519. Typically our figures indicate that -2.94% is being offered, which puts this NSW suburb at 3499th most discounted overall in Australia.
With the median price for a house in Fairy Meadow being $841000 and the advertised rent reaching $510 the gross rental yield for property investors calculates out to be 3.15%
Over the last year, property investments in Fairy Meadow, 2519 have given investors a capital gain of 26.14%. This compares very favourably with the 8.31% for NSW as a whole.
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.
Fairy Meadow2519 is located in NSW which offers an average discount of -4.14% to property investors. Fairy Meadow itself is showing figures that indicate -3.15% is the average achievable by property buyers investing in the suburb.
Often selling an investment property can take time, and in Fairy Meadow the average time real estate has been on the market is 35.81 days.
Fairy Meadow is 278th on a list of best yielding suburbs for rents in NSW with a 4.00% return